Valuequest Services Ltd - Limited company - abbreviated

REGISTERED NUMBER: 03250103 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

VALUEQUEST SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

H Rothbard

SECRETARY:

Mrs E Endzweig

REGISTERED OFFICE:

18 Rookwood Road

Stamford Hill

London

N16 6SS

REGISTERED NUMBER:

03250103 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Intangible assets

2

-

30,128

Tangible assets

3

82,679

6,282

82,679

36,410

CURRENT ASSETS

Cash at bank and in hand

232

5,512

CREDITORS

Amounts falling due within one year

152,566

60,940

NET CURRENT LIABILITIES

(152,334

)

(55,428

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(69,655

)

(19,018

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(69,656

)

(19,019

)

SHAREHOLDERS' FUNDS

(69,655

)

(19,018

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 10 December 2014 and were signed by:

H Rothbard - 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 April 2008).

Turnover

Turnover represents net invoiced sales of 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.

Short leasehold

-

not provided

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

30,128

Disposals

(30,128

)

At 31 March 2014

-

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

30,128

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

18,894

Additions

82,679

Disposals

(6,282

)

At 31 March 2014

95,291

DEPRECIATION

At 1 April 2013

and 31 March 2014

12,612

NET BOOK VALUE

At 31 March 2014

82,679

At 31 March 2013

6,282

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1

1

Valuequest Services Ltd - Limited company - abbreviated - 11.0.0

Valuequest Services Ltd - Limited company - abbreviated - 11.0.0