true
Quickfund Ltd
07934308
2016-03-31
200877
122740
201877
123740
1000
1000
201877
123740
201877
123740
201877
123740
1068244
76037
1270121
199777
373016
8862
897105
190915
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
A £1 Ordinary
1
900
900
900
B £1 Ordinary
1
100
100
100
2016-11-24
Mr. G. Keeley
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Quickfund Ltd
2015-04-01
2016-03-31
Quickfund Ltd
2014-03-01
2015-03-31
Quickfund Ltd
2014-02-28
Quickfund Ltd
2015-03-31
Quickfund Ltd
2015-03-31
Quickfund Ltd
2016-03-31
2016-12-22