Abbreviated Company Accounts - QTN LIMITED

08050280 QTN LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 08050280 2013-05-01 2014-04-30 08050280 2014-04-30 08050280 2013-04-30 08050280 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 08050280 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 08050280

QTN LIMITED

Abbreviated Accounts

30 April 2014

QTN LIMITED Registered Number 08050280

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	583	-
		583	-
Current assets
Stocks		4,000	-
Debtors		1,060	-
Cash at bank and in hand		4,829	1
		9,889	1
Creditors: amounts falling due within one year		(13,118)	0
Net current assets (liabilities)		(3,229)	1
Total assets less current liabilities		(2,646)	1
Total net assets (liabilities)		(2,646)	1
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(2,647)	-
Shareholders' funds		(2,646)	1

For the year ending 30 April 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 27 January 2015

And signed on their behalf by:
Q Nguyen, Director

QTN LIMITED Registered Number 08050280

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant & Machinery - 20% on a reducing balance basis.

Other accounting policies
Stocks - Stocks are valued at the lower of cost or net realisable value, after making due allowances for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 May 2013	-
Additions	728
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	728
Depreciation
At 1 May 2013	-
Charge for the year	145
On disposals	-
At 30 April 2014	145
Net book values
At 30 April 2014	583
At 30 April 2013	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1