Abbreviated Company Accounts - QUALITY MOTOR COMPANY LTD

Registered Number 07018433

QUALITY MOTOR COMPANY LTD

Abbreviated Accounts

30 September 2013

QUALITY MOTOR COMPANY LTD Registered Number 07018433

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	30,000	31,875
Tangible assets	3	1,658	3,294
		31,658	35,169
Current assets
Stocks		174,445	172,793
Debtors		23,017	29,178
Cash at bank and in hand		14,214	17,023
		211,676	218,994
Creditors: amounts falling due within one year		(179,317)	(192,233)
Net current assets (liabilities)		32,359	26,761
Total assets less current liabilities		64,017	61,930
Creditors: amounts falling due after more than one year		(80,000)	(80,000)
Total net assets (liabilities)		(15,983)	(18,070)
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		(16,983)	(19,070)
Shareholders' funds		(15,983)	(18,070)

For the year ending 30 September 2013 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 23 June 2014

And signed on their behalf by:
Mr.Mohammed Malik, Director

1Accounting Policies

Basis of measurement and preparation of accounts
Turnover is net of vat

2Intangible fixed assets

3Tangible fixed assets