Abbreviated Company Accounts - QUICKASTITCH LIMITED

Abbreviated Company Accounts - QUICKASTITCH LIMITED


Registered Number 06277703

QUICKASTITCH LIMITED

Abbreviated Accounts

31 March 2014

QUICKASTITCH LIMITED Registered Number 06277703

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 47,500 50,000
Tangible assets 3 4,084 4,805
51,584 54,805
Current assets
Stocks 545 995
Cash at bank and in hand 92 3
637 998
Creditors: amounts falling due within one year (34,519) (33,215)
Net current assets (liabilities) (33,882) (32,217)
Total assets less current liabilities 17,702 22,588
Creditors: amounts falling due after more than one year 0 (4,909)
Total net assets (liabilities) 17,702 17,679
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 17,602 17,579
Shareholders' funds 17,702 17,679
  • For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 December 2014

And signed on their behalf by:
Christopher Paul Nixon, Director

QUICKASTITCH LIMITED Registered Number 06277703

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 April 2013 50,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 50,000
Amortisation
At 1 April 2013 -
Charge for the year 2,500
On disposals -
At 31 March 2014 2,500
Net book values
At 31 March 2014 47,500
At 31 March 2013 50,000
3Tangible fixed assets
£
Cost
At 1 April 2013 10,278
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 10,278
Depreciation
At 1 April 2013 5,473
Charge for the year 721
On disposals -
At 31 March 2014 6,194
Net book values
At 31 March 2014 4,084
At 31 March 2013 4,805
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100