Qlence Ltd - Abbreviated accounts

Registered number

05900861

Qlence Ltd

Report and Accounts

30 September 2017

Qlence Ltd
Balance Sheet
as at 30 September 2017

		2017			2016
£			£

Fixed assets		600			800
Current assets	5,027			38,825
	5,027			38,825
Creditors: amounts falling due within one year	(4,435)			(31,015)
Net current assets		592			7,810
Total assets less current liabilities		1,192			8,610

Net assets		1,192			8,610

Capital and reserves		1,192			8,610

The director controls the company. During the year the company paid £208 (2016 : £208) to M Sinha for use of home as office. During the year M Sinha had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £2,467 [owed to the company] (2016 : £11,269 [owed to M Sinha]) and the maximum balance outstanding during the year was £5,944 (2016 : £9,747). To the extent that any part of the loan remains outstanding by 30 June 2018 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.

During the period there was 1 employee of the company.


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered.

The company's registered office is at 19 PULPIT CLOSE, CHESHAM, BUCKS, HP5 2RZ.


M Sinha
Director
Approved by the board on 29 June 2018