Abbreviated Company Accounts - QUBE DEVELOPMENTS LIMITED

QUBE DEVELOPMENTS LIMITED - Company Information

05914556 QUBE DEVELOPMENTS LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05914556 2015-09-01 2016-08-31 05914556 2016-08-31 05914556 2015-08-31 05914556 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05914556 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05914556

QUBE DEVELOPMENTS LIMITED

Abbreviated Accounts

31 August 2016

QUBE DEVELOPMENTS LIMITED Registered Number 05914556

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,752	3,669
		2,752	3,669
Current assets
Debtors		23,844	20,452
Cash at bank and in hand		18,783	19,226
		42,627	39,678
Creditors: amounts falling due within one year		(39,879)	(38,483)
Net current assets (liabilities)		2,748	1,195
Total assets less current liabilities		5,500	4,864
Total net assets (liabilities)		5,500	4,864
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		5,497	4,861
Shareholders' funds		5,500	4,864

For the year ending 31 August 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 9 May 2017

And signed on their behalf by:
Mr P J Dale, Director
Mr A D Fuller, Director

QUBE DEVELOPMENTS LIMITED Registered Number 05914556

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% on reducing balance
Motor Vehicles - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2015	14,170
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	14,170
Depreciation
At 1 September 2015	10,501
Charge for the year	917
On disposals	-
At 31 August 2016	11,418
Net book values
At 31 August 2016	2,752
At 31 August 2015	3,669

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

	2016 £	2015 £
3 Ordinary shares of £1 each	3	3