Quest Technical Recruitment Limited - Accounts to registrar (filleted) - small 18.2
Quest Technical Recruitment Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 July 2019 |
| for |
| Quest Technical Recruitment Limited |
| Quest Technical Recruitment Limited (Registered number: 03252192) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2019 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Quest Technical Recruitment Limited |
| Company Information |
| for the Year Ended 31 July 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Business Advisers |
| 15 Newland |
| Lincoln |
| Lincolnshire |
| LN1 1XG |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Quest Technical Recruitment Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and |
| the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Quest Technical Recruitment Limited for the year ended 31 July 2019 which comprise the |
| Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's |
| accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Quest Technical Recruitment Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quest Technical Recruitment Limited and state those matters that we have agreed to state to the Board of Directors of Quest Technical Recruitment Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quest Technical Recruitment Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Quest Technical Recruitment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Quest Technical Recruitment Limited. You consider that Quest Technical Recruitment Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Quest Technical Recruitment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants & Business Advisers |
| 15 Newland |
| Lincoln |
| Lincolnshire |
| LN1 1XG |
| Quest Technical Recruitment Limited (Registered number: 03252192) |
| Balance Sheet |
| 31 July 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| Quest Technical Recruitment Limited (Registered number: 03252192) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2019 |
| 1. | STATUTORY INFORMATION |
| Quest Technical Recruitment Limited is a |
| 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 |
| The accounts are prepared on a going concern basis, as the Directors have confirmed the continued support of |
| the parent entity LAGAT Limited, a company to whom Quest Technical Recruitment Limited owed £81,854 |
| (2018: £74,477) at the year end. If this support was not to continue, then this basis may not be appropriate. At |
| the year end the Company had net current liabilities of £68,540 (2018: £63,183). |
| Turnover |
| The turnover shown in the profit and loss account represents fees generated from the company's activities |
| during the period, exclusive of value added tax. |
| Turnover is recognised on the date the invoice is issued. |
| Tangible fixed assets |
| Short leasehold improvements | - |
| Office & computer equipment | - |
| Fixed assets are initially recorded at cost. |
| 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 have been enacted or |
| substantively enacted by the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Quest Technical Recruitment Limited (Registered number: 03252192) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Short | Office & |
| leasehold | computer |
| improvements | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2018 |
| Additions |
| At 31 July 2019 |
| DEPRECIATION |
| At 1 August 2018 |
| Charge for year |
| At 31 July 2019 |
| NET BOOK VALUE |
| At 31 July 2019 |
| At 31 July 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The Parent Company is LAGAT Limited. The company's registered office is as follows: |
| Newton House |
| 20-26 Corporation Street |
| Lincoln |
| LN2 1HN |