1 September 2022 false No description of principal activity Taxfiler 2024.1 11946796business:PrivateLimitedCompanyLtd2022-09-012023-08-31 119467962022-08-31 119467962022-09-012023-08-31 11946796business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 11946796business:AbridgedAccounts2022-09-012023-08-31 119467962023-08-31 11946796business:Director12022-09-012023-08-31 11946796business:Director22022-09-012023-08-31 11946796business:Director32022-09-012023-08-31 11946796business:RegisteredOffice2022-09-012023-08-31 119467962022-08-31 11946796core:WithinOneYear2023-08-31 11946796core:WithinOneYear2022-08-31 11946796core:AfterOneYear2023-08-31 11946796core:AfterOneYear2022-08-31 11946796core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11946796core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 11946796core:PreviouslyStatedAmount2023-08-31 11946796core:PreviouslyStatedAmount2022-08-31 11946796business:SmallEntities2022-09-012023-08-31 11946796countries:EnglandWales2022-09-012023-08-31 11946796core:PlantMachinery2022-09-012023-08-31 11946796core:MotorVehicles2022-09-012023-08-31 11946796core:ComputerEquipment2022-09-012023-08-31 119467962021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11946796 (England and Wales)
QI Refurbs and Contracts Ltd Unaudited accounts for the year ended 31 August 2023
QI Refurbs and Contracts Ltd Unaudited accounts Contents
Page
- 2 -
QI Refurbs and Contracts Ltd Company Information for the year ended 31 August 2023
Directors
Calvin Boden Jason Palmer Carol Boden
Company Number
11946796 (England and Wales)
Registered Office
Qi Refurbs & Contracts Ltd Unit 3f Orchard Business Park, Hortonwood 40 Telford Shropshire TF1 7EY England
- 3 -
QI Refurbs and Contracts Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
127,294 
88,930 
Current assets
Debtors
318,924 
128,783 
Cash at bank and in hand
8,680 
64,087 
327,604 
192,870 
Creditors: amounts falling due within one year
(262,501)
(202,849)
Net current assets/(liabilities)
65,103 
(9,979)
Total assets less current liabilities
192,397 
78,951 
Creditors: amounts falling due after more than one year
(51,021)
(61,463)
Net assets
141,376 
17,488 
Capital and reserves
Profit and loss account
141,376 
17,488 
Shareholders' funds
141,376 
17,488 
For the year ending 31 August 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by
Calvin Boden Director Company Registration No. 11946796
- 4 -
QI Refurbs and Contracts Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
QI Refurbs and Contracts Ltd is a private company, limited by shares, registered in England and Wales, registration number 11946796. The registered office is Qi Refurbs & Contracts Ltd, Unit 3f, Orchard Business Park, Hortonwood 40, Telford, Shropshire, TF1 7EY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25% Reducing Balance
Computer equipment
33%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2022
114,472 
Additions
85,082 
Disposals
(25,912)
At 31 August 2023
173,642 
Depreciation
At 1 September 2022
25,542 
Charge for the year
33,492 
On disposals
(12,686)
At 31 August 2023
46,348 
Net book value
At 31 August 2023
127,294 
At 31 August 2022
88,930 
5
Average number of employees
During the year the average number of employees was 7 (2022: 7).
- 5 -