Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 13 June 2022 false 1 April 2023 31 March 2024 31 March 2024 14168143 Mr Ryan Wheeler Mr Stuart Mackintosh Mr Mitchell Gough Mr Steven Parry Mr Ben Wootton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14168143 2023-03-31 14168143 2024-03-31 14168143 2023-04-01 2024-03-31 14168143 frs-core:CurrentFinancialInstruments 2024-03-31 14168143 frs-core:CapitalRedemptionReserve 2024-03-31 14168143 frs-core:ShareCapital 2024-03-31 14168143 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14168143 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14168143 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 14168143 frs-bus:SmallEntities 2023-04-01 2024-03-31 14168143 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14168143 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14168143 frs-core:CostValuation 2023-03-31 14168143 frs-core:CostValuation 2024-03-31 14168143 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 14168143 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 14168143 frs-bus:Director1 2023-04-01 2024-03-31 14168143 frs-bus:Director2 2023-04-01 2024-03-31 14168143 frs-bus:Director3 2023-04-01 2024-03-31 14168143 frs-bus:Director4 2023-04-01 2024-03-31 14168143 frs-bus:Director5 2023-04-01 2024-03-31 14168143 frs-countries:EnglandWales 2023-04-01 2024-03-31 14168143 2022-06-12 14168143 2023-03-31 14168143 2022-06-13 2023-03-31 14168143 frs-core:CurrentFinancialInstruments 2023-03-31 14168143 frs-core:CapitalRedemptionReserve 2023-03-31 14168143 frs-core:ShareCapital 2023-03-31 14168143 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 14168143
Q Group Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14168143
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 920 920
920 920
CURRENT ASSETS
Debtors 5 4,393 4,800
4,393 4,800
Creditors: Amounts Falling Due Within One Year 6 (864 ) -
NET CURRENT ASSETS (LIABILITIES) 3,529 4,800
TOTAL ASSETS LESS CURRENT LIABILITIES 4,449 5,720
NET ASSETS 4,449 5,720
CAPITAL AND RESERVES
Called up share capital 7 505 480
Capital redemption reserve 240 240
Profit and Loss Account 3,704 5,000
SHAREHOLDERS' FUNDS 4,449 5,720
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ryan Wheeler
Director
Mr Stuart Mackintosh
Director
Mr Mitchell Gough
Director
Mr Steven Parry
Director
Mr Ben Wootton
Director
23 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Q Group Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14168143 . The registered office is 2 Haygate Road, Wellington, Telford, Shropshire, TF1 1SG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements on the basis that the company and its subsidiary undertaking comprise a small group as defined by Companies Act 2006.
2.3. Investments
Investment in subsidiaries are included at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Investments
Subsidiaries
£
Cost
As at 1 April 2023 920
As at 31 March 2024 920
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 920
As at 1 April 2023 920
Investments in subsidiaries include 100% shareholdings in Q Financial Services (UK) Limited, Q Equity Release Limited, Q Mortgage and Protection Limited and a 75% shareholding in Q Financial Planning Limited. All subsidiary companies are registered in England & Wales.
5. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Directors' loan accounts 25 -
Amounts owed by subsidiaries 4,368 4,800
4,393 4,800
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Accruals and deferred income 864 -
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Page 4
7. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 505 480
8. Directors Advances, Credits and Guarantees
Aggregte dividends paid to directors during the year were £50,486 (2023: £20,000).
Included in debtors is directors loan balance of £25 (2023: Nil).The loan is unsecured,  interest free and repayable on demand.
9. Related Party Transactions
Dividends received from subsidiary companies in the year were £50,486 (2023: £65,000). 
Included within debtors due within one year is a balance of £4,368 (2023: £4,800) owing from subsidiary.
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