Company Registration No. 09018764 (England and Wales)
IQICharge Limited
Unaudited accounts
for the year ended 30 April 2020
IQICharge Limited
Unaudited accounts
Contents
IQICharge Limited
Company Information
for the year ended 30 April 2020
Directors
Sharmila Salvi
Robin Nagji
Company Number
09018764 (England and Wales)
Registered Office
21 STAVERTON ROAD
LONDON
NW25EY
Accountants
McTernan Associates Ltd
5 Clapham Chase
Clapham
Bedford
Bedfordshire
MK41 6FA
IQICharge Limited
Accountants' report
Accountants' report to the board of directors of IQICharge Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
IQICharge Limited for the year ended
30 April 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of IQICharge Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of IQICharge Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IQICharge Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that IQICharge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of IQICharge Limited. You consider that IQICharge Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of IQICharge Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
McTernan Associates Ltd
5 Clapham Chase
Clapham
Bedford
Bedfordshire
MK41 6FA
13 November 2020
IQICharge Limited
Statement of financial position
as at
30 April 2020
Cash at bank and in hand
37,844
45,251
Creditors: amounts falling due within one year
(46,955)
(68,955)
Net current liabilities
(1,992)
(16,373)
Total assets less current liabilities
(1,992)
(15,846)
Creditors: amounts falling due after more than one year
-
(13,900)
Net liabilities
(1,992)
(29,746)
Called up share capital
100
100
Profit and loss account
(2,092)
(29,846)
Shareholders' funds
(1,992)
(29,746)
For the year ending 30 April 2020 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2020 and were signed on its behalf by
Robin Nagji
Director
Company Registration No. 09018764
IQICharge Limited
Notes to the Accounts
for the year ended 30 April 2020
IQICharge Limited is a private company, limited by shares, registered in England and Wales, registration number 09018764. The registered office is 21 STAVERTON ROAD, LONDON, NW25EY.
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:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
IQICharge Limited
Notes to the Accounts
for the year ended 30 April 2020
Trade debtors
7,119
4,743
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
10,663
9,322
Taxes and social security
11,321
(1,456)
Other creditors
528
2,546
Loans from directors
23,012
58,543
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).