Quay Complex Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: SC392470 (Scotland)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2016 TO 31 AUGUST 2017

FOR

QUAY COMPLEX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Kumar

A Ramanan

REGISTERED OFFICE:

131 New Street

Musselburgh

Midlothian

Scotland

EH21 6DH

REGISTERED NUMBER:

SC392470 (Scotland)

ACCOUNTANTS:

Bannerman Johnstone Maclay

213 St Vincent Street

Glasgow

G2 5QY

CURRENT ASSETS

Stocks

15,390

-

Debtors

4

425

-

Cash at bank and in hand

77,025

1

92,840

1

CREDITORS

Amounts falling due within one year

5

145,459

-

NET CURRENT (LIABILITIES)/ASSETS

(52,619

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,619

)

1

CAPITAL AND RESERVES

Called up share capital

5

1

Retained earnings

(52,624

)

-

SHAREHOLDERS' FUNDS

(52,619

)

1

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 11 May 2018 and were signed on its behalf by:

A Kumar - Director

1.	STATUTORY INFORMATION

Quay Complex Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 60 (2016 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

425

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

22,245

-

Taxation and social security

49,992

-

Other creditors

73,222

-

145,459

-