QHC Trading Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09518495 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 31 March 2015 to 31 March 2016

for

QHC Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Director:

Ahmed Hakim

Registered office:

172a Church Road

London

E10 7BH

Registered number:

09518495 (England and Wales)

Accountants:

KAMP Accountants Limited

Marhsall House, Suite 13/14

124 Middleton Road

Morden

Surrey

SM4 6RW

Fixed assets

Tangible assets

2

5,437

Current assets

Stocks

1,500

Cash at bank

82

1,582

Creditors

Amounts falling due within one year

(7,042

)

Net current liabilities

(5,460

)

Total assets less current liabilities

(23

)

Capital and reserves

Called up share capital

3

100

Profit and loss account

(123

)

Shareholders' funds

(23

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 December 2016 and were signed by:

Ahmed Hakim - Director

1.	Accounting policies

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	Tangible fixed assets

Total

£

Cost

Additions

7,250

At 31 March 2016

7,250

Depreciation

Charge for period

1,813

At 31 March 2016

1,813

Net book value

At 31 March 2016

5,437

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary shares

1

100