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Company Registration No. 13004142 (England and Wales)
QUALITREE LTD Unaudited accounts for the year ended 30 November 2023
QUALITREE LTD Unaudited accounts Contents
Page
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QUALITREE LTD Company Information for the year ended 30 November 2023
Director
Daniel Ipperciel
Company Number
13004142 (England and Wales)
Registered Office
78a Godstone Road Whyteleafe Surrey CR3 0EB UNITED KINGDOM
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QUALITREE LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,425 
5,298 
Current assets
Debtors
1,781 
210 
Cash at bank and in hand
4,214 
7,272 
5,995 
7,482 
Creditors: amounts falling due within one year
(8,982)
(4,283)
Net current (liabilities)/assets
(2,987)
3,199 
Net assets
7,438 
8,497 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,338 
8,397 
Shareholders' funds
7,438 
8,497 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 31 May 2024 and were signed on its behalf by
Daniel Ipperciel Director Company Registration No. 13004142
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QUALITREE LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
QUALITREE LTD is a private company, limited by shares, registered in England and Wales, registration number 13004142. The registered office is 78a Godstone Road, Whyteleafe, Surrey, CR3 0EB, UNITED KINGDOM.
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.
Going concern
The financial statements have been prepared on a going concern basis.The companies on going activities are dependent upon the continued support of the directors who has undertaken to provide such support for the forseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 % SLB
Motor vehicles
25 % SLB
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QUALITREE LTD Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
4,314 
3,000 
7,314 
Additions
6,956 
- 
6,956 
At 30 November 2023
11,270 
3,000 
14,270 
Depreciation
At 1 December 2022
516 
1,500 
2,016 
Charge for the year
1,079 
750 
1,829 
At 30 November 2023
1,595 
2,250 
3,845 
Net book value
At 30 November 2023
9,675 
750 
10,425 
At 30 November 2022
3,798 
1,500 
5,298 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
333 
210 
Other debtors
1,448 
- 
1,781 
210 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
7,949 
662 
Taxes and social security
(794)
721 
Loans from directors
1,827 
1,844 
Accruals
- 
1,056 
8,982 
4,283 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
Mr Daniel Ipperciel is the sole director and shareholder who is holding 100% shares in the company.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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