QED Interim Investments Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10201475 (England and Wales)

Unaudited Financial Statements

for the Period 26 May 2016 to 30 September 2017

for

QED Interim Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Gilbert

C J Gilbert

R Whittaker

M A Nicholson

M J Saunders

REGISTERED OFFICE:

Unit 3

High Cross Farm

Henfield Road

Albourne

West Sussex

BN6 9JH

REGISTERED NUMBER:

10201475 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

CURRENT ASSETS

Debtors

3

5,285,739

Cash at bank

70,709

5,356,448

CREDITORS

Amounts falling due within one year

4

3,383,218

NET CURRENT ASSETS

1,973,230

TOTAL ASSETS LESS CURRENT LIABILITIES

1,973,230

CREDITORS

Amounts falling due after more than one year

5

1,950,585

NET ASSETS

22,645

CAPITAL AND RESERVES

Called up share capital

1,175

Retained earnings

21,470

22,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 February 2018 and were signed on its behalf by:

M A Nicholson - Director

1.	STATUTORY INFORMATION

QED Interim Investments 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

DEBTORS

£

Amounts falling due within one year:

Amounts receivable in respect of finance leases

144,771

Other debtors

3,145,955

3,290,726

Amounts falling due after more than one year:

Amounts receivable in respect of finance leases

1,995,013

Aggregate amounts

5,285,739

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

2,813,902

Trade creditors

42,000

Taxation and social security

5,345

Other creditors

521,971

3,383,218

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

1,950,585

Amounts falling due in more than five years:

Repayable by instalments

Bank loan > 1 year

1,950,585

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2017:

£

M J Saunders

Balance outstanding at start of period

-

Amounts advanced

14,016

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

14,016