Accounts filed on 31-07-2016
Accounts filed on 31-07-2016
trueQuinsolve Systems Limited03918543742 5900 372016-07-31-540-1261-440-1161100100-440-1161-440-1161-440-116151926801475256402349289124032749Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Financial Instruments
Financial instruments are classified and accounted for, in accordance with the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Ordinary1000110001000Ordinary1100100100Included within 'other creditors' are directors' current accounts in the sum of £594 (2015: £574) which have been provided by Mr S N G Millman £548 (2015: £528) and Mr H W Sanders £46 (2015: £46). The directors' current accounts are unsecured, interest free and carry no fixed date for repayment.
During the year there were transactions with Quinsolve Limited, a company registered in England & Wales in which Mr S N G Millman has a controlling interest, the balance at the year end was £Nil (2015 - £Nil).2017-04-20Mr S N G Millmantruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureQuinsolve Systems Limited2015-08-012016-07-31Quinsolve Systems Limited2014-08-012015-07-31Quinsolve Systems Limited2014-07-31Quinsolve Systems Limited2015-07-31Quinsolve Systems Limited2015-07-31Quinsolve Systems Limited2016-07-31 2017-04-21
