Quasar Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06337518 (England and Wales)

Abbreviated accounts for the year ended 31 March 2016

For

Quasar Solutions Limited

Page

Company information

1

Abbreviated balance sheet

2

Notes to the abbreviated accounts

3

Director:

Ms S Oldfield

Secretary:

Registered office:

22 Meadow Brook

Tavistock

Devon

PL19 8BH

Registered number:

06337518 (England and Wales)

Accountants:

AccountLets

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

Fixed assets

Tangible assets

2

189

253

Current assets

Cash at bank

12,394

11,664

Creditors

Amounts falling due within one year

9,721

11,445

Net current assets

2,673

219

Total assets less current liabilities

2,862

472

Capital and reserves

Called up share capital

3

1

1

Profit and loss account

2,861

471

Shareholders' funds

2,862

472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 25 October 2016 and were signed by:

Ms S Oldfield - Director

1.	Accounting policies

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

2.	Tangible fixed assets

Total

£

Cost

At 1 April 2015

and 31 March 2016

598

Depreciation

At 1 April 2015

345

Charge for year

64

At 31 March 2016

409

Net book value

At 31 March 2016

189

At 31 March 2015

253

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1

Ordinary

£1

1

1