Abbreviated Company Accounts - QUINN ARCHITECTS LTD

QUINN ARCHITECTS LTD - Company Information

Registered Number 04282241

QUINN ARCHITECTS LTD

Abbreviated Accounts

31 March 2014

QUINN ARCHITECTS LTD Registered Number 04282241

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,083	11,641
		20,083	11,641
Current assets
Debtors		104,692	192,517
Cash at bank and in hand		363,709	345,606
		468,401	538,123
Creditors: amounts falling due within one year		(84,009)	(192,309)
Net current assets (liabilities)		384,392	345,814
Total assets less current liabilities		404,475	357,455
Provisions for liabilities		(4,017)	(656)
Total net assets (liabilities)		400,458	356,799
Capital and reserves
Called up share capital		100	100
Profit and loss account		400,358	356,699
Shareholders' funds		400,458	356,799

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 October 2014

And signed on their behalf by:
L. Quinn, Director

QUINN ARCHITECTS LTD Registered Number 04282241

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discount

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & fittings 25% straight line basis
Computer equipment 25% straight line basis

2Tangible fixed assets

	£
Cost
At 1 April 2013	40,860
Additions	18,393
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	59,253
Depreciation
At 1 April 2013	29,219
Charge for the year	9,951
On disposals	-
At 31 March 2014	39,170
Net book values
At 31 March 2014	20,083
At 31 March 2013	11,641