Accounts filed on 31-08-2017


Registered number: 04481439






Quoin Building Limited


ACCOUNTS

FOR THE YEAR ENDED 31/08/2017
























Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THE YEAR ENDED 31/08/2017





DIRECTORS
P Andrew


REGISTERED OFFICE
31-32 High Street
Wellingborough
Northamptonshire
NN8 4HL


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04481439



ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THEYEARENDED31/08/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/08/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		5,100		5,850
Tangible assets	3		5,297		7,063

			10,397		12,913

CURRENT ASSETS
Stock		4,505		9,410
Debtors	5	56,436		26,044
Cash at bank and in hand		49,701		50,056
		110,642		85,510
CREDITORS: Amounts falling due within one year	6	43,024		18,876
NET CURRENT ASSETS			67,618		66,634
TOTAL ASSETS LESS CURRENT LIABILITIES			78,015		79,547


CREDITORS: Amounts falling due after more than one year	7		2,925		4,790

NET ASSETS			75,090		74,757

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			75,089		74,756
SHAREHOLDERS' FUNDS			75,090		74,757

For the year ending 31/08/2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 16/04/2018 and signed on their behalf by



.............................
P Andrew
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 25%
Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	56,436	22,554
UK corporation tax	-	2,322
Directors current account	-	1,168
	56,436	26,044




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	5,664	-
VAT	6,004	3,123
PAYE control	2,807	956
Directors current account	571	-
Hire purchase	1,895	1,895
Trade creditors	24,583	11,402
Accruals	1,500	1,500
	43,024	18,876




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2017	2016
	£	£
Hire purchase >1yr	2,925	4,790
	2,925	4,790




9. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1