Quality + Coffee Shop And Ice Cream Palo - Abbreviated accounts 16.3

REGISTERED NUMBER: 09926390 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 22 December 2015 to 31 December 2016

for

Quality + Coffee Shop And Ice Cream

Palour Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms E Ushe

REGISTERED OFFICE:

50 Frobisher Drive

East Walcot

Swindon

Wiltshire

SN3 3AJ

REGISTERED NUMBER:

09926390 (England and Wales)

ACCOUNTANTS:

Taxplus Accountants Ltd

29A Station Road

Barking

Essex

IG11 8EB

CURRENT ASSETS

Stocks

139

Cash at bank and in hand

102

241

CREDITORS

Amounts falling due within one year

3,461

NET CURRENT LIABILITIES

(3,220

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,220

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(3,320

)

SHAREHOLDERS' FUNDS

(3,220

)

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

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

The director acknowledges her 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 5 September 2017 and were signed by:

Ms E Ushe - 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

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

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

reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100