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REGISTERED NUMBER: 08967423 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

QUERCUS TRAINING LTD

QUERCUS TRAINING LTD (REGISTERED NUMBER: 08967423)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


QUERCUS TRAINING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Dr H Goulding





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 08967423 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

QUERCUS TRAINING LTD (REGISTERED NUMBER: 08967423)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 233 18
Investments 5 72,346 67,126
72,579 67,144

CURRENT ASSETS
Debtors 6 275 1,242
Cash at bank 159,636 159,721
159,911 160,963
CREDITORS
Amounts falling due within one year 7 (70,065 ) (90,265 )
NET CURRENT ASSETS 89,846 70,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,425

137,842

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 162,424 137,841
SHAREHOLDERS' FUNDS 162,425 137,842

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 director acknowledges her 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 19 November 2024 and were signed by:





Dr H Goulding - Director


QUERCUS TRAINING LTD (REGISTERED NUMBER: 08967423)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Quercus Training Ltd 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 as modified by the revaluation of certain assets.

Turnover
Revenue 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% on 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 statement of financial position date.

Deferred tax
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 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 1 (2023 - 1 ) .

QUERCUS TRAINING LTD (REGISTERED NUMBER: 08967423)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 178 2,941 3,119
Additions - 330 330
At 31 March 2024 178 3,271 3,449
DEPRECIATION
At 1 April 2023 160 2,941 3,101
Charge for year 5 110 115
At 31 March 2024 165 3,051 3,216
NET BOOK VALUE
At 31 March 2024 13 220 233
At 31 March 2023 18 - 18

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 67,126
Additions 1,572
Disposals (31 )
Revaluations 3,679
At 31 March 2024 72,346
NET BOOK VALUE
At 31 March 2024 72,346
At 31 March 2023 67,126

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2022 (7,533 )
Valuation in 2023 (6,546 )
Valuation in 2024 3,679
Cost 82,746
72,346

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,040
Prepayments 275 202
275 1,242

QUERCUS TRAINING LTD (REGISTERED NUMBER: 08967423)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 4,721 10,280
Directors' current accounts 63,541 78,254
Accrued expenses 1,803 1,731
70,065 90,265

8. ULTIMATE CONTROLLING PARTY

The controlling party is Dr H Goulding.