Abbreviated Company Accounts - QUOB PARK TECHNOLOGIES LIMITED

OS3 DISTRIBUTION LIMITED - Company Information

Registered Number 08052150

QUOB PARK TECHNOLOGIES LIMITED

Abbreviated Accounts

31 March 2015

QUOB PARK TECHNOLOGIES LIMITED Registered Number 08052150

Abbreviated Balance Sheet as at 31 March 2015

	Notes	31/03/2015	31/05/2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments	2	3,000	3,000
		3,000	3,000
Current assets
Stocks		-	-
Debtors		25,731	-
Investments		-	-
Cash at bank and in hand		-	-
		25,731	-
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(33,711)	(7,980)
Net current assets (liabilities)		(7,980)	(7,980)
Total assets less current liabilities		(4,980)	(4,980)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(4,980)	(4,980)
Capital and reserves
Called up share capital		3,000	3,000
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		(5,718)	0
Profit and loss account		(2,262)	(7,980)
Shareholders' funds		(4,980)	(4,980)

For the year ending 31 March 2015 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 22 March 2016

And signed on their behalf by:
Keith Nisbet, Director

QUOB PARK TECHNOLOGIES LIMITED Registered Number 08052150

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 amounts derived from the provision of goods and services which fall within the Company's ordinary activities after deduction of trade discounts and Value Added Tax. Income is normally recognised on provision of goods and services.

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Group Accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

2Fixed assets Investments
Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

SMI Telecoms LLC which is a subsidiary undertaking, and is owned 100%. The company is incorporated in USA, and its principal activity is Software Services.

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

The amounts for capital & reserves being 2015 Reserves of -£320,250 and the 2015 Loss of £120,401 are taken from the accounts of SMI Telecoms LLC for the year ended 31 March 2011, which are the latest available accounts.