Quinata Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04455651 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

Quinata Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Jarvis

Mrs S M Jarvis

REGISTERED OFFICE:

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

REGISTERED NUMBER:

04455651 (England and Wales)

ACCOUNTANTS:

Haines Watts

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

FIXED ASSETS

Tangible assets

4

649

449

CURRENT ASSETS

Debtors

4,011

3,416

Cash at bank

3,610

4,444

7,621

7,860

CREDITORS

Amounts falling due within one year

5,518

8,309

NET CURRENT ASSETS/(LIABILITIES)

2,103

(449

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,752

-

CREDITORS

Amounts falling due after more than one year

86,060

86,060

NET LIABILITIES

(83,308

)

(86,060

)

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

(83,428

)

(86,180

)

SHAREHOLDERS' FUNDS

(83,308

)

(86,060

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 March 2018 and were signed on its behalf by:

Mr S Jarvis - Director

1.	STATUTORY INFORMATION

Quinata 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.

The financial statements are prepared on a going concern basis. The directors believe that this

is a valid basis for preparation as they support the company for the foreseeable future.

Turnover

Turnover repesents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year 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 year 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2016

7,845

Additions

740

At 30 June 2017

8,585

DEPRECIATION

At 1 July 2016

7,396

Charge for year

540

At 30 June 2017

7,936

NET BOOK VALUE

At 30 June 2017

649

At 30 June 2016

449

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Jarvis.