Abbreviated Company Accounts - QUAIKE DESIGN & COMMUNICATION LIMITED

QUAIKE DESIGN & COMMUNICATION LIMITED - Company Information

04798661 QUAIKE DESIGN & COMMUNICATION LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 04798661 2015-11-01 2016-10-31 04798661 2016-10-31 04798661 2015-10-31 04798661 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 04798661 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2016-10-31 uk-gaap-cd-bus:Director3 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 04798661

QUAIKE DESIGN & COMMUNICATION LIMITED

Abbreviated Accounts

31 October 2016

QUAIKE DESIGN & COMMUNICATION LIMITED Registered Number 04798661

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,333	15,711
		17,333	15,711
Current assets
Debtors		107,902	13,607
Cash at bank and in hand		54,859	182,087
		162,761	195,694
Creditors: amounts falling due within one year		(26,710)	(46,106)
Net current assets (liabilities)		136,051	149,588
Total assets less current liabilities		153,384	165,299
Provisions for liabilities		(2,669)	(1,677)
Total net assets (liabilities)		150,715	163,622
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		150,713	163,620
Shareholders' funds		150,715	163,622

For the year ending 31 October 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 10 July 2017

And signed on their behalf by:
A G Hibbs, Director

QUAIKE DESIGN & COMMUNICATION LIMITED Registered Number 04798661

Notes to the Abbreviated Accounts for the period ended 31 October 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 January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment- 15% on reducing balance
Office - 10% on cost

Other accounting policies
Pensions:
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
Deferred Tax
Deferred Tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or right to pay less or to receive more tax.

2Tangible fixed assets

	£
Cost
At 1 November 2015	41,986
Additions	5,191
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	47,177
Depreciation
At 1 November 2015	26,275
Charge for the year	3,569
On disposals	-
At 31 October 2016	29,844
Net book values
At 31 October 2016	17,333
At 31 October 2015	15,711

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	A G Hibbs
Description of the transaction:	Interest Free loan
Balance at 1 November 2015:	-
Advances or credits made:	£ 150,000
Advances or credits repaid:	£ 60,750
Balance at 31 October 2016:	£ 89,250