Hi Qual Consulting Limited - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 09708134 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 July 2018

for

Hi Qual Consulting Limited

Page

Company Information

1

Report of the Director

2

Abridged Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

Ms Pousali Bera

REGISTERED OFFICE:

The Long Lodge

265-269 Kingston Road

Wimbledon

London

SW19 3NW

REGISTERED NUMBER:

09708134 (England and Wales)

ACCOUNTANTS:

Tax-Link Chartered Tax Advisors and Accountants

The Long Lodge

265-269 Kingston Road

Wimbledon

London

SW19 3NW

The director presents her report with the financial statements of the company for the year ended 31 July 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of I.T. consultancy

DIRECTOR

Ms Pousali Bera held office during the whole of the period from 1 August 2017 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Ms Pousali Bera - Director

4 January 2019

FIXED ASSETS

Tangible assets

3

210

280

CURRENT ASSETS

Cash at bank

125,261

96,387

CREDITORS

Amounts falling due within one year

(54,261

)

(46,308

)

NET CURRENT ASSETS

71,000

50,079

TOTAL ASSETS LESS CURRENT LIABILITIES

71,210

50,359

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

71,110

50,259

SHAREHOLDERS' FUNDS

71,210

50,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 4 January 2019 and were signed by:

Ms Pousali Bera - Director

1.	STATUTORY INFORMATION

Hi Qual Consulting Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2017

and 31 July 2018

499

DEPRECIATION

At 1 August 2017

219

Charge for year

70

At 31 July 2018

289

NET BOOK VALUE

At 31 July 2018

210

At 31 July 2017

280

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.18

31.7.17

value:

£

£

100

Ordinary

1

100

100