Quantum Leap Consultancy Ltd 06521718 false true 2015-04-01 2016-03-31 2016-03-31 06521718 2015-04-01 2016-03-31 06521718 2016-03-31 06521718 uk-bus:OrdinaryShareClass1 2016-03-31 06521718 uk-bus:Director1 2015-04-01 2016-03-31 06521718 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 06521718 uk-gaap:OfficeEquipment 2015-04-01 2016-03-31 06521718 2015-03-31 06521718 2015-03-31 06521718 uk-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP xbrli:shares

Registration number: 06521718

Quantum Leap Consultancy Ltd
 

 
Abbreviated Accounts
 

 
for the Year Ended 31 March 2016
 

 

Quantum Leap Consultancy Ltd
Abbreviated Balance Sheet at 31 March 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

1,186

   

9,169

 

Current assets

 

             

Debtors

 

   

15,204

   

19,337

 

Cash at bank and in hand

 

   

7,279

   

9,273

 
   

   

22,483

   

28,610

 

Creditors: Amounts falling due within one year

 

   

(23,396)

   

(37,770)

 

Net current liabilities

 

   

(913)

   

(9,160)

 

Net assets

 

   

273

   

9

 

Capital and reserves

 

             

Called up share capital

 

3

   

2

   

2

 

Profit and loss account

 

   

271

   

7

 

Shareholders' funds

 

   

273

   

9

 

For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

These accounts were approved by the directors and authorised for issue on 10 October 2016 and are signed on their behalf by:

.........................................
 
A.S. Gibson
 
Director
 
Company Registration Number: 06521718

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Quantum Leap Consultancy Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016

1

Accounting policies

Basis of preparation

The full accounts, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

   

Office Equipment

3 years straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 April 2015

 

31,208

   

31,208

 

Additions

 

1,772

   

1,772

 

Disposals

 

(22,500)

   

(22,500)

 

At 31 March 2016

 

10,480

   

10,480

 

Depreciation

           

At 1 April 2015

 

22,039

   

22,039

 

Charge for the year

 

2,105

   

2,105

 

Eliminated on disposals

 

(14,850)

   

(14,850)

 

At 31 March 2016

 

9,294

   

9,294

 

Net book value

           

At 31 March 2016

 

1,186

   

1,186

 

At 31 March 2015

 

9,169

   

9,169

 
 

Quantum Leap Consultancy Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

   

2

   

2

 
                         

4

Director's advances and credits

 
 

2016
Advance/ Credit
£

2016
Repaid
£

2015
Advance/ Credit
£

2015
Repaid
£

A.S. Gibson

Interest free loan to A.S. Gibson

44,586

47,000

118,082

109,545

         
         

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