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REGISTERED NUMBER: 10203080 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Quality And Regulatory Compliance
Solutions Limited

Quality And Regulatory Compliance
Solutions Limited (Registered number: 10203080)

Contents of the Financial Statements
for the year ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Quality And Regulatory Compliance
Solutions Limited

Company Information
for the year ended 31 May 2024







DIRECTOR: P A Williams





REGISTERED OFFICE: 4 Lancaster Gardens
Birchington
Kent
CT7 9TH





REGISTERED NUMBER: 10203080 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

Quality And Regulatory Compliance
Solutions Limited (Registered number: 10203080)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,143 2,521

CURRENT ASSETS
Debtors 5 5,626 6,548
Cash at bank and in hand 93,311 90,569
98,937 97,117
CREDITORS
Amounts falling due within one year 6 88,018 78,783
NET CURRENT ASSETS 10,919 18,334
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,062

20,855

CAPITAL AND RESERVES
Called up share capital 7 500 500
Retained earnings 8 12,562 20,355
SHAREHOLDERS' FUNDS 13,062 20,855

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:




P A Williams - Director


Quality And Regulatory Compliance
Solutions Limited (Registered number: 10203080)

Notes to the Financial Statements
for the year ended 31 May 2024


1. STATUTORY INFORMATION

Quality And Regulatory Compliance Solutions 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 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.
Computer equipment - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Quality And Regulatory Compliance
Solutions Limited (Registered number: 10203080)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023
and 31 May 2024 5,257
DEPRECIATION
At 1 June 2023 2,736
Charge for year 378
At 31 May 2024 3,114
NET BOOK VALUE
At 31 May 2024 2,143
At 31 May 2023 2,521

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,430 6,352
Other debtors 196 196
5,626 6,548

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 7,643 6,268
VAT 4,001 1,923
Directors' current accounts 75,258 69,548
Accrued expenses 1,116 1,044
88,018 78,783

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500 Ordinary £1 500 500

Quality And Regulatory Compliance
Solutions Limited (Registered number: 10203080)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


8. RESERVES
Retained
earnings
£   

At 1 June 2023 20,355
Profit for the year 32,207
Dividends (40,000 )
At 31 May 2024 12,562

Quality And Regulatory Compliance
Solutions Limited

Report of the Accountants to the Director of
Quality And Regulatory Compliance
Solutions Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


31 July 2024