Registered Number 04254943

ABSOLUTE QUALITY CONSULTANCY & TRAINING LIMITED

Abbreviated Accounts

30 June 2016

ABSOLUTE QUALITY CONSULTANCY & TRAINING LIMITED Registered Number 04254943

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 5,954 7,134
5,954 7,134
Current assets
Debtors 47,351 44,126
Cash at bank and in hand 30,131 90,826
77,482 134,952
Creditors: amounts falling due within one year (35,085) (78,197)
Net current assets (liabilities) 42,397 56,755
Total assets less current liabilities 48,351 63,889
Provisions for liabilities (1,010) (1,206)
Total net assets (liabilities) 47,341 62,683
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 46,341 61,683
Shareholders' funds 47,341 62,683
  • For the year ending 30 June 2016 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 29 March 2017

And signed on their behalf by:
Mrs H Short, Director

ABSOLUTE QUALITY CONSULTANCY & TRAINING LIMITED Registered Number 04254943

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Revenue is recognised when the service is carried out.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2015 45,572
Additions 20,777
Disposals (20,000)
Revaluations -
Transfers -
At 30 June 2016 46,349
Depreciation
At 1 July 2015 38,438
Charge for the year 1,957
On disposals -
At 30 June 2016 40,395
Net book values
At 30 June 2016 5,954
At 30 June 2015 7,134