Registered Number:09110282 |
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
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
Liberty QS Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
7,564
8,518
2
7,564
8,518
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
100
100
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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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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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. |
Maidstone Innovation Centre
Office 26, Gidds Pond, Kent Medical Campus
Maidstone
Kent
ME14 5FY
The presentation currency is £ sterling. |
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: |
Computer Equipment
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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For the year ended 30 June 2023
Liberty QS Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
26,093
18,997
7,096
4,522
4,522
-
7,096
23,519
30,615
Provision for depreciation and impairment |
17,575
11,614
5,961
Charge for year
5,476
4,679
797
23,051
16,293
6,758
338
7,226
7,564
1,135
7,383
8,518
3. Trade and other receivables |
2022
2023
114,626
123,182
Amounts owed by group undertakings and participating interests |
117
9,061
475
400
132,643
115,218
4. Trade and other payables: amounts falling due within one year |
2022
2023
9,994
9,747
2,097
-
Taxation and social security |
112,432
108,610
11,199
5,975
135,722
124,332
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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
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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