SQA (POOLE) LIMITED
|
Registered number: |
06390958
|
Abbreviated Balance Sheet |
as at 30 September 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
8,000 |
|
|
16,000 |
Tangible assets |
3 |
|
|
3,872 |
|
|
4,997 |
|
|
|
|
11,872 |
|
|
20,997 |
|
Current assets |
Debtors |
|
|
947 |
|
|
13,573 |
Cash at bank and in hand |
|
|
6,760 |
|
|
7,620 |
|
|
|
7,707 |
|
|
21,193 |
|
Creditors: amounts falling due within one year |
|
|
(6,860) |
|
|
(5,124) |
|
Net current assets |
|
|
|
847 |
|
|
16,069 |
|
Net assets |
|
|
|
12,719 |
|
|
37,066 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
12,619 |
|
|
36,966 |
|
Shareholders' funds |
|
|
|
12,719 |
|
|
37,066 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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.
|
|
|
|
P M Stacey |
Director |
Approved by the board on 22 March 2017
|
|
SQA (POOLE) LIMITED
|
Notes to the Abbreviated Accounts |
for the year ended 30 September 2016
|
|
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 January 2015).
|
|
|
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. |
|
|
Tools and equipment |
20% reducing balance
|
|
Office equipment |
15% reducing balance
|
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2015 |
80,000 |
|
At 30 September 2016 |
80,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2015 |
64,000 |
|
Provided during the year |
8,000 |
|
At 30 September 2016 |
72,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2016 |
8,000 |
|
At 30 September 2015 |
16,000 |
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2015 |
13,595 |
|
Additions |
285 |
|
At 30 September 2016 |
13,880 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2015 |
8,598 |
|
Charge for the year |
1,410 |
|
At 30 September 2016 |
10,008 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2016 |
3,872 |
|
At 30 September 2015 |
4,997 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
5 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
P M Stacey
|
|
Loan advance
|
13,438 |
|
3,054 |
|
(18,828) |
|
(2,336) |
|
|
|
13,438 |
|
3,054 |
|
(18,828) |
|
(2,336) |
|
|
|
|
|
|
|
|
|
|
During the year the company charged interest of £202 (2015: £464) on this loan to the director. |