2023-03-01 2024-02-29 false Capium Accounts Production 1.1 11211123 bus:FullAccounts 2023-03-01 2024-02-29 11211123 bus:FRS102 2023-03-01 2024-02-29 11211123 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11211123 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11211123 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11211123 2023-03-01 2024-02-29 11211123 2024-02-29 11211123 bus:RegisteredOffice 2023-03-01 2024-02-29 11211123 core:WithinOneYear 2024-02-29 11211123 core:AfterOneYear 2024-02-29 11211123 bus:Director1 2023-03-01 2024-02-29 11211123 bus:Director1 2024-02-29 11211123 bus:Director1 2022-03-01 2023-02-28 11211123 2022-03-01 11211123 bus:LeadAgentIfApplicable 2023-03-01 2024-02-29 11211123 2022-03-01 2023-02-28 11211123 2023-02-28 11211123 core:WithinOneYear 2023-02-28 11211123 core:AfterOneYear 2023-02-28 11211123 bus:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 11211123 core:FurnitureFittings 2023-03-01 2024-02-29 11211123 core:FurnitureFittings 2024-02-29 11211123 core:FurnitureFittings 2023-02-28 11211123 core:ComputerEquipment 2023-03-01 2024-02-29 11211123 core:ComputerEquipment 2024-02-29 11211123 core:ComputerEquipment 2023-02-28 11211123 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 11211123 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 11211123 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 11211123 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 11211123 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-29 11211123 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 11211123 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 11211123 core:Non-currentFinancialInstruments 2024-02-29 11211123 core:Non-currentFinancialInstruments 2023-02-28 11211123 core:ShareCapital 2024-02-29 11211123 core:ShareCapital 2023-02-28 11211123 core:RetainedEarningsAccumulatedLosses 2024-02-29 11211123 core:RetainedEarningsAccumulatedLosses 2023-02-28 11211123 dpl:Item1 2023-03-01 11211123 dpl:Item1 2024-02-29 11211123 dpl:Item1 2022-03-01 11211123 dpl:Item1 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11211123
England and Wales

 

 

 

RAW QUALITY ASSOCIATES LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
Director Neil Raw
Registered Number 11211123
Registered Office C/O Melanie Curtis Accountants Ltd
100 Berkshire Place
Winnersh
Berkshire
RG41 5RD
1
Director's report and financial statements
The director presents his annual report and the financial statements for the year ended 29 February 2024.
Principal activities
Principal activity of the company during the financial year was of management consultancy other than financial management.
Director
The director who served the company throughout the year was as follows:
Neil Raw

On behalf of the board.


----------------------------------
Neil Raw
Director

Date approved: 26 July 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 2,979    2,117 
2,979    2,117 
Current assets      
Debtors 4 43,853    17,681 
Cash at bank and in hand 22,708    60,269 
66,561    77,950 
Creditors: amount falling due within one year 5 (68,841)   (40,884)
Net current assets (2,280)   37,066 
 
Total assets less current liabilities 699    39,183 
Provisions for liabilities 6 (600)   (268)
Net assets 99    38,915 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (1)   38,815 
Shareholders' funds 99    38,915 
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 26 July 2024 and were signed by:


-------------------------------
Neil Raw
Director
3
General Information
Raw Quality Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 11211123, registration address C/O Melanie Curtis Accountants Ltd, 100 Berkshire Place, Winnersh, Berkshire, RG41 5RD.

The presentation currency is £ sterling.
1.

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. 
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.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable 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 capital and reserves.

Current and deferred tax assets and liabilities are not discounted.

The companys liability for current tax is calculated using the tax rates and laws enacted or substantively enacted at the reporting date.



Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 are expected to apply to reversing 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.

Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings 33% Straight Line
Computer Equipment 25% Straight Line
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 March 2023 870    4,335    5,205 
Additions   2,411    2,411 
Disposals   (1,381)   (1,381)
At 29 February 2024 870    5,365    6,235 
Depreciation
At 01 March 2023 715    2,373    3,088 
Charge for year 151    1,218    1,369 
On disposals   (1,201)   (1,201)
At 29 February 2024 866    2,390    3,256 
Net book values
Closing balance as at 29 February 2024 4    2,975    2,979 
Opening balance as at 01 March 2023 155    1,962    2,117 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 8,547    16,187 
Prepayments & Accrued Income 1,816    1,494 
Taxation Recoverable 2,395   
Directors' Current Accounts 31,095   
43,853    17,681 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 138    326 
Social Security and Other Taxes 68,703    39,169 
Directors' Current Accounts   1,389 
68,841    40,884 

6.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 600    268 
600    268 

4