Company Registration No. 03615344 (England and Wales)
Qualserv Consulting Limited
Unaudited accounts
for the year ended 31 December 2018
Qualserv Consulting Limited
Unaudited accounts
Contents
Qualserv Consulting Limited
Company Information
for the year ended 31 December 2018
Company Number
03615344 (England and Wales)
Registered Office
2 COURT DRIVE
STANMORE
MIDDLESEX
HA7 4QH
Accountants
U. Dastidar & Co ,Chartered Certified Accountants
2 Court Drive
Stanmore
Middlesex
HA7 4QH
Qualserv Consulting Limited
Statement of financial position
as at
31 December 2018
Tangible assets
3,552
2,325
Cash at bank and in hand
570,070
386,697
Creditors: amounts falling due within one year
(254,415)
(203,498)
Net current assets
808,248
722,326
Total assets less current liabilities
811,800
724,651
Provisions for liabilities
Net assets
811,124
724,203
Called up share capital
100
100
Profit and loss account
811,024
724,103
Shareholders' funds
811,124
724,203
For the year ending 31 December 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 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 31 August 2019.
Mr.A.Chaudhuri
Director
Company Registration No. 03615344
Qualserv Consulting Limited
Notes to the Accounts
for the year ended 31 December 2018
Qualserv Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 03615344. The registered office is 2 COURT DRIVE, STANMORE, MIDDLESEX, HA7 4QH.
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 financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity
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:
Fixtures & fittings
25% on reducing balance basis
Computer equipment
25% on reducing balance basis
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Qualserv Consulting Limited
Notes to the Accounts
for the year ended 31 December 2018
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2018
-
38,850
38,850
Additions
514
2,231
2,745
At 31 December 2018
514
41,081
41,595
At 1 January 2018
-
36,525
36,525
Charge for the year
128
1,390
1,518
At 31 December 2018
128
37,915
38,043
At 31 December 2018
386
3,166
3,552
At 31 December 2017
-
2,325
2,325
Trade debtors
490,046
536,517
Accrued income and prepayments
2,547
2,610
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
166,888
90,087
Taxes and social security
69,410
30,982
Other creditors
8,375
72,608
Loans from directors
5,079
5,158
7
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Qualserv Consulting Limited
Notes to the Accounts
for the year ended 31 December 2018
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Balance at start of year
(5,158)
-
-
(5,158)
The amount owed to the director .at the year end date, was £5,079.
9
Transactions with related parties
The amount owed to the director is disclosed in note 9.
10
Average number of employees
During the year the average number of employees was 6 (2017: 6).