Company Registration No. 13106846 (England and Wales)
Qualitas Fleet Solutions Limited
Unaudited accounts
for the year ended 31 March 2024
Qualitas Fleet Solutions Limited
Unaudited accounts
Contents
Qualitas Fleet Solutions Limited
Company Information
for the year ended 31 March 2024
Directors
Stephen Paul Turner
Sean Consadine
Company Number
13106846 (England and Wales)
Registered Office
LAUREL MOUNT MILL LANE
RAINHILL
PRESCOT
L35 6NL
ENGLAND
Accountants
Enso Accountants Ltd
Qualitas Fleet Solutions Limited
Statement of financial position
as at 31 March 2024
Tangible assets
18,777,664
15,486,081
Debtors
2,820,711
1,375,460
Cash at bank and in hand
3,618,937
2,154,728
Creditors: amounts falling due within one year
(6,216,667)
(721,852)
Net current assets
222,981
2,808,336
Total assets less current liabilities
19,000,645
18,294,417
Creditors: amounts falling due after more than one year
(15,626,188)
(14,969,750)
Net assets
3,374,457
3,324,667
Profit and loss account
3,374,457
3,324,667
Shareholders' funds
3,374,457
3,324,667
For the year ending 31 March 2024 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.
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 1 June 2024 and were signed on its behalf by
Stephen Paul Turner
Director
Company Registration No. 13106846
Qualitas Fleet Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Qualitas Fleet Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 13106846. The registered office is LAUREL MOUNT MILL LANE, RAINHILL, PRESCOT, L35 6NL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
Over the useful life of the asset Straight Line
Computer equipment
5 Year Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
7,083
15,621,636
9,395
15,638,114
Additions
698
27,407,008
5,508
27,413,214
Disposals
-
(22,821,491)
-
(22,821,491)
At 31 March 2024
7,781
20,207,153
14,903
20,229,837
At 1 April 2023
1,258
149,626
1,149
152,033
Charge for the year
1,440
983,997
1,684
987,121
On disposals
-
313,019
-
313,019
At 31 March 2024
2,698
1,446,642
2,833
1,452,173
At 31 March 2024
5,083
18,760,511
12,070
18,777,664
At 31 March 2023
5,825
15,472,010
8,246
15,486,081
Qualitas Fleet Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
2,554,736
1,314,795
Accrued income and prepayments
15,911
3,067
Other debtors
33,555
57,598
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,167,592
23,328
Taxes and social security
2,121
1,720
Proposed dividends
410,000
-
Other creditors
617,986
104,809
Loans from directors
3,736
400,673
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
15,626,188
14,969,750
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).