Quote Searcher Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05387593 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

QUOTE SEARCHER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

Directors:

M D T Hare

R J Pietosi

K J Taylor

Secretary:

K J Taylor

Registered office:

8 Waldegrave Road

Teddington

Middlesex

TW11 8GT

Registered number:

05387593 (England and Wales)

Accountants:

Haines Watts

Aissela

46 High Street

Esher

Surrey

KT10 9QY

Fixed assets

Tangible assets

4

128,611

112,449

Current assets

Debtors

5

295,627

314,555

Cash at bank

191,642

164,591

487,269

479,146

Creditors

Amounts falling due within one year

6

123,592

117,517

Net current assets

363,677

361,629

Total assets less current liabilities

492,288

474,078

Provisions for liabilities

8

21,000

14,500

Net assets

471,288

459,578

Capital and reserves

Called up share capital

9

101,000

101,000

Share premium

10

20,200

20,200

Retained earnings

10

350,088

338,378

Shareholders' funds

471,288

459,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 12 December 2017 and were signed on its behalf by:

R J Pietosi - Director

1.	Statutory information

Quote Searcher Limited is a private company, limited by shares, registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Key source of estimation, uncertainty and judgement

The preparation of financial stements in conformity with generally accepted accounting policies practice

requires managment to make estimates and judgements that affect the reported amounts of assets and liabilities

as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts

of revenues and expenses duirng the reporting peiod.

Turnover

Turnover shown in the profit and loss account represents fees receivable for the year.

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

-

15% on cost

Computer equipment

-

33% on net book value

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account,Profit

and Loss Account except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain

with the lessor are charged against profits on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2016 - 8 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 April 2016

1,902

329,439

331,341

Additions

839

78,814

79,653

At 31 March 2017

2,741

408,253

410,994

Depreciation

At 1 April 2016

294

218,598

218,892

Charge for year

272

63,219

63,491

At 31 March 2017

566

281,817

282,383

Net book value

At 31 March 2017

2,175

126,436

128,611

At 31 March 2016

1,608

110,841

112,449

5.

Debtors: amounts falling due within one year

2017

2016

£

£

Trade debtors

271,600

285,823

Other debtors

4,000

50

Prepayments

20,027

28,682

295,627

314,555

6.

Creditors: amounts falling due within one year

2017

2016

£

£

Trade creditors

30,718

21,984

Corporation tax

12,084

13,750

Social security and other taxes

8,496

6,272

Other creditors

70,782

40,847

Accrued expenses

1,512

34,664

123,592

117,517

7.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2017

2016

£

£

Between one and five years

7,015

3,943

8.	Provisions for liabilities

2017

2016

£

£

Deferred tax

21,000

14,500

Deferred tax

£

Balance at 1 April 2016

14,500

Provided during year

6,500

Balance at 31 March 2017

21,000

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

101,000

Ordinary

1

101,000

101,000

10.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2016

338,378

20,200

358,578

Profit for the year

213,710

213,710

Dividends

(202,000

)

(202,000

)

At 31 March 2017

350,088

20,200

370,288

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements

and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Quote Searcher Limited for the year ended 31 March 2017 which comprise the Profit and Loss

Account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quote Searcher Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quote Searcher Limited and state those matters that we have agreed to state to the Board of Directors of Quote Searcher Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quote Searcher Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quote Searcher Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quote Searcher Limited. You consider that Quote Searcher Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quote Searcher Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts

Aissela

46 High Street

Esher

Surrey

KT10 9QY

12 December 2017