Abbreviated Company Accounts - QUACKERS LIMITED

Registered Number 08709353

QUACKERS LIMITED

Abbreviated Accounts

30 September 2016

QUACKERS LIMITED Registered Number 08709353

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	3	1,000	1,000
Tangible assets	4	4,148	5,531
		5,148	6,531
Current assets
Stocks		3,264	5,036
Cash at bank and in hand		43,233	51,344
		46,497	56,380
Creditors: amounts falling due within one year		(60,667)	(55,773)
Net current assets (liabilities)		(14,170)	607
Total assets less current liabilities		(9,022)	7,138
Total net assets (liabilities)		(9,022)	7,138
Reserves
Income and expenditure account		(9,022)	7,138
Members' funds		(9,022)	7,138

For the year ending 30 September 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 8 May 2017

And signed on their behalf by:
Charlotte Turnbull, Director

QUACKERS LIMITED Registered Number 08709353

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents 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. Equipment 25% reducing balance.

Intangible assets amortisation policy
The company's trademark has not been amortised during the year.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Intangible fixed assets

	£
Cost
At 1 October 2015	1,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	1,000
Amortisation
At 1 October 2015	-
Charge for the year	-
On disposals	-
At 30 September 2016	-
Net book values
At 30 September 2016	1,000
At 30 September 2015	1,000

The company's trademark has not been amortised during the year.

4Tangible fixed assets

	£
Cost
At 1 October 2015	9,487
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	9,487
Depreciation
At 1 October 2015	3,956
Charge for the year	1,383
On disposals	-
At 30 September 2016	5,339
Net book values
At 30 September 2016	4,148
At 30 September 2015	5,531