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REGISTERED NUMBER: 08787093 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Q.P.S. Investments Limited

Q.P.S. Investments Limited (Registered number: 08787093)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Q.P.S. Investments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs L C Hamer
M J Herbert





REGISTERED OFFICE: Unit 1 Dyffryn Industrial Estate
Newtown
Powys
SY16 3BD





REGISTERED NUMBER: 08787093 (England and Wales)





ACCOUNTANTS: Cox & Co Limited
Chartered Certified Accountants
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

Q.P.S. Investments Limited (Registered number: 08787093)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,876,518 1,911,877
Investments 5 25,001 25,001
1,901,519 1,936,878

CURRENT ASSETS
Debtors 6 2,204,583 549,640
Cash at bank 3,306,575 1,878,008
5,511,158 2,427,648
CREDITORS
Amounts falling due within one year 7 976,397 21,691
NET CURRENT ASSETS 4,534,761 2,405,957
TOTAL ASSETS LESS CURRENT LIABILITIES 6,436,280 4,342,835

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 24,901 24,901
Retained earnings 6,411,279 4,317,834
SHAREHOLDERS' FUNDS 6,436,280 4,342,835

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 directors acknowledge their 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 Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





M J Herbert - Director


Q.P.S. Investments Limited (Registered number: 08787093)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Q.P.S. Investments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Q.P.S. Investments Limited (Registered number: 08787093)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 2,067,954
DEPRECIATION
At 1 April 2023 156,077
Charge for year 35,359
At 31 March 2024 191,436
NET BOOK VALUE
At 31 March 2024 1,876,518
At 31 March 2023 1,911,877

Included in cost of land and buildings is freehold land of £ 600,000 (2023 - £ 600,000 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 25,001
NET BOOK VALUE
At 31 March 2024 25,001
At 31 March 2023 25,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 7,786 18,049
Amounts owed by group undertakings 2,196,726 531,591
Other debtors 71 -
2,204,583 549,640

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,449 -
Amounts owed to group undertakings 957,644 -
Taxation and social security 9,146 13,533
Other creditors 8,158 8,158
976,397 21,691

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.