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Unaudited Financial Statements |
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for the Year Ended 30 June 2017 |
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for |
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Quattro Investments Limited |
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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 30 June 2017 |
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for |
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Quattro Investments Limited |
Quattro Investments Limited (Registered number: 08582544) |
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Contents of the Financial Statements |
for the Year Ended 30 June 2017 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Quattro Investments Limited |
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Company Information |
for the Year Ended 30 June 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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1st Floor, Bridge House |
25 Fiddlebridge Lane |
Hatfield |
Hertfordshire |
AL10 0SP |
Quattro Investments Limited (Registered number: 08582544) |
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Balance Sheet |
30 June 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
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CURRENT ASSETS |
Debtors | 5 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
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preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
behalf by: |
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Quattro Investments Limited (Registered number: 08582544) |
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Notes to the Financial Statements |
for the Year Ended 30 June 2017 |
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1. | STATUTORY INFORMATION |
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Quattro Investments Limited is a
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Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Although the company has net current liabilities, the accounts have been prepared on the going |
concern basis as the directors have agreed to make sufficient funds available to the company to |
enable it to meet its financial obligations as they fall due. |
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Turnover |
The company provides strategic consultancy services and income is recorded at the fair value of the |
consideration received or receivable. Revenue from contracts that are incomplete at the year-end is |
recognised to the extent that the company's performance under those contracts is complete. If not |
invoiced during the year, this revenue is included in the balance sheet as 'Amounts recoverable on |
contracts'. Turnover excludes discounts, rebates, value added tax and other sales taxes. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
different from those in which they are recognised in financial statements. Deferred tax is measured |
using tax rates and laws that have been enacted or substantively enacted by the year-end and that are |
expected to apply to the reversal of the timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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3. | EMPLOYEES (INCLUDING DIRECTORS) |
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The average number of employees during the year was NIL (2016 - NIL). |
Quattro Investments Limited (Registered number: 08582544) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 June 2017 |
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4. | FIXED ASSET INVESTMENTS |
Other |
investments |
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COST |
At 1 July 2016 |
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Additions |
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At 30 June 2017 |
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NET BOOK VALUE |
At 30 June 2017 |
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At 30 June 2016 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Taxation and social security |
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Other creditors |
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7. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
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Ordinary | £1 | 100 | 100 |
Quattro Investments Limited (Registered number: 08582544) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 June 2017 |
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8. | RELATED PARTY DISCLOSURES |
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The Company is controlled by its Directors. |
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During the year: |
i) the Company charged fees of £200,000 (2016: £25,000) for strategic services to a company in which |
the Directors are directors and have an interest; |
ii) the Company purchased an investment for £200,000 (2016: £nil) from a company in which the |
directors are directors and have an interest; and |
iii) the Company lent a further £360 (2016: £nil) to a company in which the Company has an interest. |
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At the balance sheet date the Company: |
i) owed £30,000 (2016: £30,000) to a company in which the Directors are directors and have an |
interest; |
(ii) owed £2,500 (2016: £2,500) to a company in which the Company has an interest; and |
ii) was owed £22,220 (2015: £21,860) by a company in which the Company has an interest. |
No terms have been set regarding the payment of interest or the repayment of capital in respect of |
these loans. |