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REGISTERED NUMBER: 05689793 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

QUICK BROWN FOX PR LTD

QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QUICK BROWN FOX PR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R Stevenson





REGISTERED OFFICE: 30/34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 05689793 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 22,236 25,997

CURRENT ASSETS
Stocks 17,331 -
Debtors 5 11,734 49,130
Cash at bank 9,920 51,442
38,985 100,572
CREDITORS
Amounts falling due within one year 6 (46,800 ) (49,494 )
NET CURRENT (LIABILITIES)/ASSETS (7,815 ) 51,078
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,421

77,075

CREDITORS
Amounts falling due after more than one
year

7

(7,329

)

(13,452

)

PROVISIONS FOR LIABILITIES (1,275 ) (6,499 )
NET ASSETS 5,817 57,124

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 5,617 56,924
SHAREHOLDERS' FUNDS 5,817 57,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 25 July 2024 and were signed by:





R Stevenson - Director


QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Quick Brown Fox PR Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year 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.


QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution 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 year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 7,800 41,037 2,212
Additions - - 2,414
At 31 March 2024 7,800 41,037 4,626
DEPRECIATION
At 1 April 2023 7,800 29,731 390
Charge for year - 2,261 588
At 31 March 2024 7,800 31,992 978
NET BOOK VALUE
At 31 March 2024 - 9,045 3,648
At 31 March 2023 - 11,306 1,822

QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 7,564 14,973 73,586
Additions - 2,346 4,760
At 31 March 2024 7,564 17,319 78,346
DEPRECIATION
At 1 April 2023 5,170 4,498 47,589
Charge for year 598 5,074 8,521
At 31 March 2024 5,768 9,572 56,110
NET BOOK VALUE
At 31 March 2024 1,796 7,747 22,236
At 31 March 2023 2,394 10,475 25,997

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,766 48,327
Prepayments 968 803
11,734 49,130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,116 5,961
Trade creditors 3,251 520
Tax 1,139 19,389
Social security and other taxes 373 2,706
VAT 11,020 16,172
Other creditors 20,873 527
Directors' current accounts 2,253 2,099
Accrued expenses 1,775 2,120
46,800 49,494

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,275 6,116
Bank loans - 2-5 years 1,054 7,336
7,329 13,452

QUICK BROWN FOX PR LTD (REGISTERED NUMBER: 05689793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
100 Ordinary B £1 100 100
200 200

9. RELATED PARTY DISCLOSURES

At the year end the amount owed to the director was £2,253 (2023 - £2,099).