24 Hour Quick Fit Windscreens Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07025662 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

24 HOUR QUICK FIT WINDSCREENS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B. Attarian

REGISTERED OFFICE:

Langley House

Park Road

London

N2 8EY

REGISTERED NUMBER:

07025662 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House Park Road

East Finchley

London

N2 8EY

FIXED ASSETS

Tangible assets

2

1,922

2,563

CURRENT ASSETS

Stocks

250

250

Cash at bank and in hand

1,453

1,700

1,703

1,950

CREDITORS

Amounts falling due within one year

67,745

80,594

NET CURRENT LIABILITIES

(66,042

)

(78,644

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(64,120

)

(76,081

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(64,121

)

(76,082

)

SHAREHOLDERS' FUNDS

(64,120

)

(76,081

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 June 2016 and were signed by:

B. Attarian - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis, the applicability of which is dependent

upon the continued support of the company's creditors. At the balance sheet date, the company's liabilities

exceeded its assets by £64,120 (2014: £76,081). In the opinion of the director, the company has the support of

its creditors for the foreseeable future and it is therefore appropriate to adopt the going concern policy.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. The turnover is provided on

provision of the service.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

9,850

DEPRECIATION

At 1 October 2014

7,287

Charge for year

641

At 30 September 2015

7,928

NET BOOK VALUE

At 30 September 2015

1,922

At 30 September 2014

2,563

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

1

Ordinary

£1

1

1

4.	CONTROLLING PARTY

The company is under the control of its director and shareholder, B. Attarian.