Registered Number 03050516
QUAZAR INTERNATIONAL LIMITED
Abbreviated Accounts
31 October 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
of value added tax and trade discounts.
Tangible assets depreciation policy
their estimated useful lives:
Plant and machinery - 20% reducing balance
Fixtures and fittings - 25% reducing balance
Motor Cars - 25% reducing balance
Valuation information and policy
after due regard for obsolete and slow moving stocks.
Other accounting policies
accounts in accordance with FRSSE (effective January 2015).
Deferred taxation. Provision is made for deferred taxation in so far as a liability has arisen
as a result of transactions that had occurred by the balance sheet date and have given
rise to an obligation to pay more tax in the future.
Pension costs. The company operates a defined contribution pension scheme. Contributions
are charged to the profit and loss account as they become payable in accordance with the
rules of the scheme.
£ | |
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Cost | |
At 1 November 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 31 October 2016 |
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Depreciation | |
At 1 November 2015 |
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Charge for the year |
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On disposals |
( |
At 31 October 2016 |
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Net book values | |
At 31 October 2016 | 76,372 |
At 31 October 2015 | 76,694 |