Abbreviated Company Accounts - QTN LIMITED

08050280 QTN LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 08050280 2015-05-01 2016-04-30 08050280 2016-04-30 08050280 2015-04-30 08050280 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08050280 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08050280

QTN LIMITED

Abbreviated Accounts

30 April 2016

QTN LIMITED Registered Number 08050280

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	440	550
		440	550
Current assets
Stocks		9,500	5,000
Debtors		2,380	3,671
Cash at bank and in hand		3,144	3,247
		15,024	11,918
Creditors: amounts falling due within one year		(20,903)	(24,495)
Net current assets (liabilities)		(5,879)	(12,577)
Total assets less current liabilities		(5,439)	(12,027)
Total net assets (liabilities)		(5,439)	(12,027)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(5,440)	(12,028)
Shareholders' funds		(5,439)	(12,027)

For the year ending 30 April 2016 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 28 January 2017

And signed on their behalf by:
Q Nguyen, Director

QTN LIMITED Registered Number 08050280

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements heve been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant & Machinery - 20% on a reducing balance basis.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 May 2015	832
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	832
Depreciation
At 1 May 2015	282
Charge for the year	110
On disposals	-
At 30 April 2016	392
Net book values
At 30 April 2016	440
At 30 April 2015	550

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1