Company Registration No. 08204416 (England and Wales)
Quantifire Limited
Unaudited accounts
for the year ended 30 September 2017
Quantifire Limited
Unaudited accounts
Contents
Quantifire Limited
Company Information
for the year ended 30 September 2017
Director
Charles Spencer Hamlyn
Secretary
Andrew Charles Waller
Company Number
08204416 (England and Wales)
Registered Office
QUEST HOUSE, SUITE 2
GROUND FLOOR, 125-135 STAINES RD
HOUNSLOW
TW3 3JB
UNITED KINGDOM
Accountants
Fusion Accountants Limited
Quest House
125 - 135 Staines Road
Hounslow
Middlesex
TW3 3JB
Quantifire Limited
Statement of financial position
as at
30 September 2017
Cash at bank and in hand
97,034
88,366
Creditors: amounts falling due within one year
(98,008)
(66,938)
Net current assets
80,055
102,002
Net assets
80,055
102,002
Called up share capital
10
10
Share premium
164,997
164,997
Profit and loss account
(84,952)
(63,005)
Shareholders' funds
80,055
102,002
For the year ending 30 September 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 June 2018.
Charles Spencer Hamlyn
Director
Company Registration No. 08204416
Quantifire Limited
Notes to the Accounts
for the year ended 30 September 2017
Quantifire Limited is a private company, limited by shares, registered in England and Wales, registration number 08204416. The registered office is QUEST HOUSE, SUITE 2, GROUND FLOOR, 125-135 STAINES RD, HOUNSLOW, TW3 3JB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
It is your duty to ensure that Quantifire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company.
You consider that Quantifire Limited is exempt from the statutory audit requirement for the year. We draw your attention to note 2 to the financial statements. The company is reliant upon the continued financial support of its directors, shareholders and related parties. The financial statements do not include any adjustments that would result if the company were unable to continue as going concern.
Trade debtors
81,029
78,166
Quantifire Limited
Notes to the Accounts
for the year ended 30 September 2017
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
22,531
17,815
Other creditors
26,213
2,000
Loans from directors
49,264
47,123
6
Share capital
2017
2016
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
7
Average number of employees
During the year the average number of employees was 5 (2016: 0).