Quick Labour Ltd
Abbreviated Accounts
28 February 2015
Registered number
05393186
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
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