COMPANY REGISTRATION NUMBER
09135896
COLDQUANTA UK LIMITED
ABBREVIATED ACCOUNTS
31 December 2015
COLDQUANTA UK LIMITED
ABBREVIATED BALANCE SHEET
31 December 2015
CURRENT ASSETS
Debtors
|
395
|
|
Cash at bank and in hand
|
15,246
|
|
|
---------
|
|
|
15,641
|
|
CREDITORS: Amounts falling due within one year
|
57,982
|
|
|
---------
|
|
NET CURRENT LIABILITIES
|
|
(
42,341)
|
|
|
---------
|
TOTAL ASSETS LESS CURRENT LIABILITIES
|
|
(
42,341)
|
|
|
---------
|
|
|
|
CAPITAL AND RESERVES
Called up equity share capital
|
2
|
|
1
|
Profit and loss account
|
|
(
42,342)
|
|
|
---------
|
DEFICIT
|
|
(
42,341)
|
|
|
---------
|
|
|
|
|
For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on
27 September 2016
.
D Z Anderson
Director
Company Registration Number:
09135896
COLDQUANTA UK LIMITED
NOTES TO THE
ABBREVIATED ACCOUNTS
YEAR ENDED 31 DECEMBER 2015
1.
ACCOUNTING POLICIES
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). The accounts have been prepared on a going concern basis, which assumes that the company will continue to trade for at least one year from the date of approval of these financial statements by the director and therefore for the foreseeable future. The directors consider it appropriate to prepare the financial statements on this basis since the company's parent undertaking, Coldquanta Inc, will provide sufficient funds to enable the company to meet its day to day working capital requirements. The financial statements do not include any adjustments that would result from a withdrawal of the support provided by the parent undertaking.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.
SHARE CAPITAL
Allotted, called up and fully paid:
|
No
|
£
|
|
Ordinary shares of £ 1 each
|
1
|
1
|
|
|
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|
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|
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|
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