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REGISTERED NUMBER: 05203543 (England and Wales)







Unaudited Financial Statements

for the Period 1 February 2016 to 31 March 2017

for

Qzym Limited
Qzym Limited (Registered number: 05203543)






Contents of the Financial Statements
for the Period 1 February 2016 to 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Qzym Limited

Company Information
for the Period 1 February 2016 to 31 March 2017







DIRECTOR: P C Garrett





SECRETARY: Ms J Garrett





REGISTERED OFFICE: 49 Manor Park
Redland
Bristol
BS6 7HW





REGISTERED NUMBER: 05203543 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY
Qzym Limited (Registered number: 05203543)

Balance Sheet
31 March 2017

31.3.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90 257

CURRENT ASSETS
Debtors 5 - 13,866
Cash at bank 31,156 33,241
31,156 47,107
CREDITORS
Amounts falling due within one year 6 9,936 8,768
NET CURRENT ASSETS 21,220 38,339
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,310

38,596

CAPITAL AND RESERVES
Called up share capital 7 1,005 1,005
Share premium 8 84,890 84,890
Retained earnings 8 (64,585 ) (47,299 )
SHAREHOLDERS' FUNDS 21,310 38,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and
(b) 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 7 October 2017 and were signed by:



P C Garrett - Director

Qzym Limited (Registered number: 05203543)

Notes to the Financial Statements
for the Period 1 February 2016 to 31 March 2017

1. STATUTORY INFORMATION

Qzym Limited is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33.33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 period end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a self-invested personal pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2016 - 1 ) .
Qzym Limited (Registered number: 05203543)

Notes to the Financial Statements - continued
for the Period 1 February 2016 to 31 March 2017

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2016
and 31 March 2017 4,274
DEPRECIATION
At 1 February 2016 4,017
Charge for period 167
At 31 March 2017 4,184
NET BOOK VALUE
At 31 March 2017 90
At 31 January 2016 257

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.1.16
£    £   
Trade debtors - 13,080
Directors' current accounts - 786
- 13,866

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.1.16
£    £   
Social security and other taxes 3,001 3,018
VAT 4,788 4,250
Directors' current accounts 647 -
Accrued expenses 1,500 1,500
9,936 8,768

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.17 31.1.16
value: £    £   
10,050 Ordinary 10p 1,005 1,005
Qzym Limited (Registered number: 05203543)

Notes to the Financial Statements - continued
for the Period 1 February 2016 to 31 March 2017

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 February 2016 (47,299 ) 84,890 37,591
Deficit for the period (17,286 ) (17,286 )
At 31 March 2017 (64,585 ) 84,890 20,305

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2017 and the year ended
31 January 2016:

31.3.17 31.1.16
£    £   
P C Garrett
Balance outstanding at start of period 786 -
Amounts advanced 7,300 786
Amounts repaid (8,733 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (647 ) 786

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