| Quintonward Ltd |
| Registered number: |
03977114 |
| Abbreviated Balance Sheet |
| as at 30 April 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand |
|
|
16,986 |
|
|
4,667 |
|
| Creditors: amounts falling due within one year |
|
|
(20,732) |
|
|
(32,208) |
|
| Net current liabilities |
|
|
|
(3,746) |
|
|
(27,541) |
|
| Net liabilities |
|
|
|
(3,746) |
|
|
(27,541) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(3,747) |
|
|
(27,542) |
|
| Shareholder's funds |
|
|
|
(3,746) |
|
|
(27,541) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C Degen |
| Director |
| Approved by the board on 25 January 2017 |
|
| Quintonward Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 April 2016 |
|
| 1 |
Accounting policies |
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Going Concern |
|
There were net current liabilities of £3,746 at 30th April 2016 which includes an amount owing to the director of £19,508. The director has stated that he will provide the necessary support for the company to meets its liabilities as they fall due, and the accounts have been prepared on a going concern basis accordingly. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
Plant and machinery |
25% reducing balance |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2015 |
1,849 |
|
At 30 April 2016 |
1,849 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2015 |
1,849 |
|
At 30 April 2016 |
1,849 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2016 |
- |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Transactions with directors |
|
During the year ended 30 April 2016 Mr Degen provided the company with an interest free loan. The amount owing by the company at 30 April 2016 was £19,508 (2015: £31,006). |
