Accounts Submission

Accounts Submission

QUAD DESIGN LIMITED - Company Information

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QUAD DESIGN LIMITED

Company Registration Number:
02091515 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

Page 1

QUAD DESIGN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Page 2

QUAD DESIGN LIMITED

Company Information

for the Period Ended 31 March 2018




Director: MRS ZINA ALLAWI
MR M R DARAIE
MR G E HEAPS
MR A SANEI
Secretary: MR M R DARAIE
Registered office: 85
O'Donnell Court
Brunswick Square
London
WC1N 1AQ
Company Registration Number: 02091515 (England and Wales)

Page 3

QUAD DESIGN LIMITED

Directors' Report Period Ended 31 March 2018

The directors present their report with the financial statements of the company for the period ended 31 March 2018

Principal Activities

The principal activity of the company in the period under review was that of architectural planning and design consultancy.

Directors

The directors shown below have held office during the whole of the period from 01 April 2017 to 31 March 2018
MRS ZINA ALLAWI
MR M R DARAIE
MR G E HEAPS
MR A SANEI

Secretary
MR M R DARAIE

This report was approved by the board of directors on 26 December 2018
And Signed On Behalf Of The Board By:

Name: MRS ZINA ALLAWI
Status: Director

Page 4

QUAD DESIGN LIMITED

Profit and Loss Account

for the Period Ended 31 March 2018


Notes
2018
£
2017
£
Turnover 960,613 1,010,777
Cost of sales (888,566) (1,041,807)
Gross Profit or (Loss) 72,047 (31,030)
Administrative Expenses (133,753) (132,203)
Operating Profit or (Loss) (61,706) (163,233)
Interest Receivable and Similar Income 12 30
Profit or (Loss) Before Tax (61,694) (163,203)
Profit or (Loss) for Period (61,694) (163,203)

The notes form part of these financial statements

Page 5

QUAD DESIGN LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
£
2017
£
Fixed assets
Tangible assets: 2 13,448 17,954
Total fixed assets: 13,448 17,954
Current assets
Debtors: 3 799,929 737,185
Cash at bank and in hand: 25,786 82,369
Total current assets: 825,715 819,554
Creditors: amounts falling due within one year: 4 ( 595,381 ) ( 532,032 )
Net current assets (liabilities): 230,334 287,522
Total assets less current liabilities: 243,782 305,476
Total net assets (liabilities): 243,782 305,476

The notes form part of these financial statements

Page 6

QUAD DESIGN LIMITED

Balance sheet continued

As at 31 March 2018


Notes
2018
£
2017
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 243,682 305,376
Shareholders funds: 243,782 305,476

For the year ending 31 March 2018 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.

This report was approved by the board of directors on 26 December 2018
And Signed On Behalf Of The Board By:

Name: MRS ZINA ALLAWI
Status: Director

The notes form part of these financial statements

Page 7

QUAD DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced value of goods and services supplied to third parties.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: 25% on reducing balance.

Page 8

QUAD DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 April 2017 123,315 24,572 147,887
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2018 123,315 24,572 147,887
Depreciation
At 01 April 2017 109,701 20,232 129,933
Charge for year 3,421 1,085 4,506
On disposals - - -
Other adjustments - - -
At 31 March 2018 113,122 21,317 134,439
Net book value
At 31 March 2018 10,193 3,255 13,448
At 31 March 2017 13,614 4,340 17,954

Page 9

QUAD DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Debtors


2018
£
2017
£
Trade debtors 591,403 553,507
Prepayments and accrued income 74,167 49,319
Other debtors 134,359 134,359
Total 799,929 737,185

Page 10

QUAD DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4.Creditors: amounts falling due within one year note


2018
£
2017
£
Trade creditors 504,785 378,448
Taxation and social security 11,556 13,795
Accruals and deferred income 76,119 102,842
Other creditors 2,921 36,947
Total 595,381 532,032

Page 11