Qui Audet Adipiscitur Consultancy Limited - Period Ending 2016-06-30

Registration number: 08586255

Qui Audet Adipiscitur Consultancy Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016
 

Glazik Kershaw Limited
9 Albion Place
South Parade
Doncaster
South Yorkshire
DN1 2EG

Qui Audet Adipiscitur Consultancy Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Qui Audet Adipiscitur Consultancy Limited
(Registration number: 08586255)
Abbreviated Balance Sheet at 30 June 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,806			1,858
Current assets
Debtors					46,736			24,574
Cash at bank and in hand					3,929			8,490
					50,665			33,064
Creditors: Amounts falling due within one year					(60,977)			(32,039)
Net current (liabilities)/assets					(10,312)			1,025
Total assets less current liabilities					(8,506)			2,883
Provisions for liabilities					(361)			(371)
Net (liabilities)/assets					(8,867)			2,512
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(8,868)			2,511
Shareholders' (deficit)/funds					(8,867)			2,512

For the year ending 30 June 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 director acknowledges her 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 director on 29 March 2017

 M Muirhead
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Qui Audet Adipiscitur Consultancy Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus she continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	15% reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Page 2

Qui Audet Adipiscitur Consultancy Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2015		2,369			2,369
Additions		783			783
At 30 June 2016		3,152			3,152
Depreciation
At 1 July 2015		511			511
Charge for the year		835			835
At 30 June 2016		1,346			1,346
Net book value
At 30 June 2016		1,806			1,806
At 30 June 2015		1,858			1,858

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 3