| On Q Solutions Limited |
| Registered number: |
07552180 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2,036 |
|
|
829 |
|
| Current assets |
| Debtors |
|
|
48,334 |
|
|
50,252 |
| Cash at bank and in hand |
|
|
6,060 |
|
|
4,325 |
|
|
|
54,394 |
|
|
54,577 |
|
| Creditors: amounts falling due within one year |
|
|
(56,300) |
|
|
(53,983) |
|
| Net current (liabilities)/assets |
|
|
|
(1,906) |
|
|
594 |
|
| Net assets |
|
|
|
130 |
|
|
1,423 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
30 |
|
|
1,323 |
|
| Shareholders' funds |
|
|
|
130 |
|
|
1,423 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Jessica Boot |
| Director |
| Approved by the board on 18 August 2016 |
|
| On Q Solutions Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing value |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
2,300 |
|
Additions |
1,885 |
|
At 31 March 2016 |
4,185 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
1,471 |
|
Charge for the year |
678 |
|
At 31 March 2016 |
2,149 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
2,036 |
|
At 31 March 2015 |
829 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Jessica Boot |
|
Director's loan |
46,742 |
|
77,591 |
|
(79,788) |
|
44,545 |
|
|
|
46,742 |
|
77,591 |
|
(79,788) |
|
44,545 |
|
|
|
|
|
|
|
|
|
