Quantal Associates Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02498818

Abbreviated Accounts for the Year Ended 31 July 2016

for

Quantal Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S B Short

SECRETARY:

Mr S B Short

REGISTERED OFFICE:

18 The Wheatlands

Park View Gardens

Perton

Wolverhampton

West Midlands

WV6 7XP

REGISTERED NUMBER:

02498818

ACCOUNTANTS:

Haines Watts

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Tangible assets

2

1,352

1,690

CURRENT ASSETS

Cash at bank and in hand

2,956

2,920

CREDITORS

Amounts falling due within one year

1,351

1,272

NET CURRENT ASSETS

1,605

1,648

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,957

3,338

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

2,857

3,238

SHAREHOLDERS' FUNDS

2,957

3,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 7 April 2017 and were signed by:

Mr S B Short - Director

1.	ACCOUNTING POLICIES

Accounting convention

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 is the amount receivable for the provision of goods

and services falling within the Company's activities, net of Value Added Tax, rebates and trade

discounts.

Turnover from the provision of goods and services is recognised in the accounting period in which the

Company obtains the right to consideration in exchange for its performance and when the amounts to

be recognised are fixed or determinable and collectability is reasonably assured.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

12,917

DEPRECIATION

At 1 August 2015

11,227

Charge for year

338

At 31 July 2016

11,565

NET BOOK VALUE

At 31 July 2016

1,352

At 31 July 2015

1,690

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary shares

£1

100