SQA (POOLE) LIMITED
|
Registered number: |
06390958
|
Abbreviated Balance Sheet |
as at 30 September 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
24,000 |
|
|
32,000 |
Tangible assets |
3 |
|
|
4,874 |
|
|
7,707 |
|
|
|
|
28,874 |
|
|
39,707 |
|
Current assets |
Debtors |
|
|
18,826 |
|
|
7,294 |
Cash at bank and in hand |
|
|
5,431 |
|
|
33,496 |
|
|
|
24,257 |
|
|
40,790 |
|
Creditors: amounts falling due within one year |
|
|
(5,080) |
|
|
(8,691) |
|
Net current assets |
|
|
|
19,177 |
|
|
32,099 |
|
Net assets |
|
|
|
48,051 |
|
|
71,806 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
47,951 |
|
|
71,706 |
|
Shareholders' funds |
|
|
|
48,051 |
|
|
71,806 |
|
|
|
|
|
|
|
|
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 19 June 2015
|
|
SQA (POOLE) LIMITED
|
Notes to the Abbreviated Accounts |
for the year ended 30 September 2014
|
|
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 2013 |
80,000 |
|
At 30 September 2014 |
80,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2013 |
48,000 |
|
Provided during the year |
8,000 |
|
At 30 September 2014 |
56,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
24,000 |
|
At 30 September 2013 |
32,000 |
|
|
|
|
|
|
|
|
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 2013 |
18,857 |
|
Additions |
391 |
|
Disposals |
(6,995) |
|
At 30 September 2014 |
12,253 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2013 |
11,150 |
|
Charge for the year |
932 |
|
On disposals |
(4,703) |
|
At 30 September 2014 |
7,379 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
4,874 |
|
At 30 September 2013 |
7,707 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
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 account
|
2,133 |
|
43,950 |
|
(28,125) |
|
17,958 |
|
|
|
2,133 |
|
43,950 |
|
(28,125) |
|
17,958 |
|
|
|
|
|
|
|
|
|
|
Interest of £352 (2013 £nil) was charged on this loan. |