Abbreviated Company Accounts - QUALITY AND INNOVATION COMPANY LIMITED

Abbreviated Company Accounts - QUALITY AND INNOVATION COMPANY LIMITED


Registered Number 07300848

QUALITY AND INNOVATION COMPANY LIMITED

Abbreviated Accounts

31 October 2014

QUALITY AND INNOVATION COMPANY LIMITED Registered Number 07300848

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,067 2,152
4,067 2,152
Current assets
Cash at bank and in hand 221 -
221 -
Creditors: amounts falling due within one year (5,435) (2,406)
Net current assets (liabilities) (5,214) (2,406)
Total assets less current liabilities (1,147) (254)
Creditors: amounts falling due after more than one year (5,125) (11,075)
Total net assets (liabilities) (6,272) (11,329)
Capital and reserves
Called up share capital 10 10
Profit and loss account (6,282) (11,339)
Shareholders' funds (6,272) (11,329)
  • For the year ending 31 October 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 July 2015

And signed on their behalf by:
Steve Caldecott, Director

QUALITY AND INNOVATION COMPANY LIMITED Registered Number 07300848

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

1Accounting Policies

Tangible assets depreciation policy
15% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2013 2,825
Additions 2,633
Disposals -
Revaluations -
Transfers -
At 31 October 2014 5,458
Depreciation
At 1 November 2013 673
Charge for the year 718
On disposals -
At 31 October 2014 1,391
Net book values
At 31 October 2014 4,067
At 31 October 2013 2,152