Quick Labour Ltd |
Registered number: |
05393186 |
Abbreviated Balance Sheet |
as at 28 February 2015 |
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
18,118 |
|
|
11,541 |
|
Current assets |
Debtors |
|
|
384,392 |
|
|
322,206 |
Cash at bank and in hand |
|
|
87,312 |
|
|
125,327 |
|
|
|
471,704 |
|
|
447,533 |
|
Creditors: amounts falling due within one year |
|
|
(439,173) |
|
|
(377,255) |
|
Net current assets |
|
|
|
32,531 |
|
|
70,278 |
|
Net assets |
|
|
|
50,649 |
|
|
81,819 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
50,648 |
|
|
81,818 |
|
Shareholders' funds |
|
|
|
50,649 |
|
|
81,819 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their 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. |
|
|
|
G Singh |
Director |
Approved by the board on 31 October 2015 |
|
Quick Labour Ltd |
Notes to the Abbreviated Accounts |
for the year ended 28 February 2015 |
|
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 April 2008). |
|
|
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 Balance |
|
Motor vehicles |
25% Reducing Balance |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2014 |
38,584 |
|
Additions |
11,298 |
|
At 28 February 2015 |
49,882 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2014 |
27,042 |
|
Charge for the year |
4,722 |
|
At 28 February 2015 |
31,764 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2015 |
18,118 |
|
At 28 February 2014 |
11,542 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|