Abbreviated Company Accounts - Q.L.S. HOME LOANS LIMITED

Q.L.S. HOME LOANS LIMITED - Company Information

00624082 Q.L.S. HOME LOANS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 00624082 2014-01-01 2014-12-31 00624082 2014-12-31 00624082 2013-12-31 00624082 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 00624082 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 00624082

Q.L.S. HOME LOANS LIMITED

Abbreviated Accounts

31 December 2014

Q.L.S. HOME LOANS LIMITED Registered Number 00624082

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,052,982	1,052,982
		1,052,982	1,052,982
Current assets
Debtors		295,597	301,657
		295,597	301,657
Creditors: amounts falling due within one year	3	(49,026)	(41,712)
Net current assets (liabilities)		246,571	259,945
Total assets less current liabilities		1,299,553	1,312,927
Creditors: amounts falling due after more than one year	3	(1,170,721)	(1,165,842)
Total net assets (liabilities)		128,832	147,085
Capital and reserves
Called up share capital	4	2,500	2,500
Revaluation reserve		250,000	250,000
Profit and loss account		(123,668)	(105,415)
Shareholders' funds		128,832	147,085

For the year ending 31 December 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 2 September 2015

And signed on their behalf by:
A Lempriere, Director

Q.L.S. HOME LOANS LIMITED Registered Number 00624082

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets

	£
Cost
At 1 January 2014	1,081,444
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	1,081,444
Depreciation
At 1 January 2014	28,462
Charge for the year	-
On disposals	-
At 31 December 2014	28,462
Net book values
At 31 December 2014	1,052,982
At 31 December 2013	1,052,982

3Creditors

	2014 £	2013 £
Secured Debts	1,170,721	1,165,842

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2,500 Ordinary shares of £1 each	2,500	2,500