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

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

00624082 Q.L.S. HOME LOANS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 00624082 2015-01-01 2015-12-31 00624082 2015-12-31 00624082 2014-12-31 00624082 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 00624082 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 00624082

Q.L.S. HOME LOANS LIMITED

Abbreviated Accounts

31 December 2015

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

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,052,982	1,052,982
		1,052,982	1,052,982
Current assets
Debtors		276,917	295,597
		276,917	295,597
Creditors: amounts falling due within one year	3	(63,771)	(49,026)
Net current assets (liabilities)		213,146	246,571
Total assets less current liabilities		1,266,128	1,299,553
Creditors: amounts falling due after more than one year	3	(1,157,267)	(1,170,721)
Total net assets (liabilities)		108,861	128,832
Capital and reserves
Called up share capital	4	2,500	2,500
Revaluation reserve		250,000	250,000
Profit and loss account		(143,639)	(123,668)
Shareholders' funds		108,861	128,832

For the year ending 31 December 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 28 September 2016

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 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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,081,444
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,081,444
Depreciation
At 1 January 2015	28,462
Charge for the year	-
On disposals	-
At 31 December 2015	28,462
Net book values
At 31 December 2015	1,052,982
At 31 December 2014	1,052,982

3Creditors

	2015 £	2014 £
Secured Debts	1,157,267	1,170,721

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

	2015 £	2014 £
2,500 Ordinary shares of £1 each	2,500	2,500