2022-07-01 09110282 2023-06-30 09110282 2022-07-01 2023-06-30 09110282 2022-06-30 09110282 2021-07-01 2022-06-30 09110282 uk-core:WithinOneYear 2022-06-30 09110282 uk-core:WithinOneYear 2023-06-30 09110282 uk-core:AfterOneYear 2022-06-30 09110282 uk-core:AfterOneYear 2023-06-30 09110282 uk-core:ShareCapital 2023-06-30 09110282 uk-core:ShareCapital 2022-06-30 09110282 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 09110282 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 09110282 uk-bus:Director1 2022-07-01 2023-06-30 09110282 uk-core:ComputerEquipment 2022-07-01 2023-06-30 09110282 uk-core:FurnitureFittings 2022-07-01 2023-06-30 09110282 uk-core:ComputerEquipment 2022-06-30 09110282 uk-core:FurnitureFittings 2022-06-30 09110282 uk-core:FurnitureFittings 2023-06-30 09110282 uk-core:ComputerEquipment 2023-06-30 09110282 uk-core:WithinOneYear 2023-06-30 09110282 uk-core:WithinOneYear 2022-06-30 09110282 uk-core:AfterOneYear uk-core:Secured 2023-06-30 09110282 uk-core:AfterOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 09110282 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 09110282 uk-bus:FRS102 2022-07-01 2023-06-30 09110282 uk-bus:FullAccounts 2022-07-01 2023-06-30 09110282 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Liberty QS Limited
Registered Number:09110282
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
Liberty QS Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
09110282
As at 30 June 2023
Liberty QS Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
7,564
8,518
2
7,564
8,518
Current assets
Trade and other receivables
132,643
115,218
3
69,876
Cash and cash equivalents
45,679
160,897
202,519
Trade and other payables: amounts falling due within one
year
(124,332)
(135,722)
4
78,187
25,175
Net current assets
Total assets less current liabilities
32,739
86,705
Trade and other payables: amounts falling due after more
than one year
(30,746)
(20,752)
5
(1,891)
(1,618)
Provisions for liabilities
10,096
Net assets
54,341
Capital and reserves
Called up share capital
100
100
Retained earnings
9,996
54,241
10,096
54,341
Shareholders' funds
For the year ended 30 June 2023 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Stuart Nigel Harrison Director
These financial statements were approved and authorised for issue by the Board on 09 October 2023 and were signed by:
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4
Registered Number :
09110282
For the year ended 30 June 2023
Liberty QS Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2023
Liberty QS Limited
Notes to the Financial Statements
Statutory Information
Liberty QS Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09110282.
Registered address:
Maidstone Innovation Centre
Office 26, Gidds Pond, Kent Medical Campus
Maidstone
Kent
ME14 5FY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes for quantity surveying.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33% Straight line
Computer Equipment
33.33% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 30 June 2023
Liberty QS Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 July 2022
26,093
18,997
7,096
4,522
4,522
-
Additions
At 30 June 2023
7,096
23,519
30,615
Provision for depreciation and impairment
At 01 July 2022
17,575
11,614
5,961
Charge for year
5,476
4,679
797
At 30 June 2023
23,051
16,293
6,758
At 30 June 2023
Net book value
338
7,226
7,564
At 30 June 2022
1,135
7,383
8,518
3. Trade and other receivables
2022
2023
£
£
Trade debtors
114,626
123,182
Amounts owed by group undertakings and participating interests
117
9,061
Other debtors
475
400
132,643
115,218
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
9,994
9,747
Trade creditors
2,097
-
Taxation and social security
112,432
108,610
Other creditors
11,199
5,975
135,722
124,332
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7
For the year ended 30 June 2023
Liberty QS Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
20,752
30,746
6. Average number of persons employed
During the year the average number of employees was 10 (2022 : 7)
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