Company Registration No. 09461580 (England and Wales)
HQ Construction Consultants Ltd
Unaudited accounts
for the year ended 28 February 2018
HQ Construction Consultants Ltd
Unaudited accounts
Contents
HQ Construction Consultants Ltd
Company Information
for the year ended 28 February 2018
Company Number
09461580 (England and Wales)
Registered Office
1ST FLOOR, AUDIT HOUSE
151 HIGH STREET
BILLERICAY
CM12 9AB
ENGLAND
Accountants
First Call Accounting Ltd
1st Floor Audit House
151 High Street
Billericay
Essex
CM12 9AB
HQ Construction Consultants Ltd
Statement of financial position
as at 28 February 2018
Cash at bank and in hand
5,420
-
Creditors: amounts falling due within one year
(28,474)
(7,607)
Called up share capital
100
100
Profit and loss account
278
453
Shareholders' funds
378
553
For the year ending 28 February 2018 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 her 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 8 November 2018.
Phoebe Quinn
Director
Company Registration No. 09461580
HQ Construction Consultants Ltd
Notes to the Accounts
for the year ended 28 February 2018
HQ Construction Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 09461580. The registered office is 1ST FLOOR, AUDIT HOUSE, 151 HIGH STREET, BILLERICAY, CM12 9AB, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
HQ Construction Consultants Ltd
Notes to the Accounts
for the year ended 28 February 2018
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Tangible fixed assets
Plant & machinery
Trade debtors
10,043
8,160
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
34,553
16,437
Loans from directors
(13,655)
(8,830)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Phoebe Quinn Directors' Loan
8,830
122,050
117,225
13,655
8,830
122,050
117,225
13,655
There is a balance owed to the company by the director of £13,655 (2017 - £8,830) in respect of excess drawings from the company in anticipation of higher profits from which to declare dividends. Interest has been charged at a rate of 3% on the average balance throughout the year.
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Average number of employees
During the year the average number of employees was 1 (2017: 1).