QUALITYLINK SERVICES PROVIDER LTD
Registered number: 07541913
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,903 2,379
Current assets
Debtors 4 - 3,716
Cash at bank and in hand 862 715
862 4,431
Creditors: amounts falling due within one year 5 (5,000) (5,000)
Net current liabilities (4,138) (569)
Total assets less current liabilities (2,235) 1,810
Creditors: amounts falling due after more than one year 6 (6,667) (11,667)
Net liabilities (8,902) (9,857)
Capital and reserves
Called up share capital 1 1
Profit and loss account (8,903) (9,858)
Shareholders' funds (8,902) (9,857)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Chris Emmanuel
Director
Approved by the board on 22 November 2024
QUALITYLINK SERVICES PROVIDER LTD
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 12,895
At 29 February 2024 12,895
Depreciation
At 1 March 2023 10,516
Charge for the year 476
At 29 February 2024 10,992
Net book value
At 29 February 2024 1,903
At 28 February 2023 2,379
4 Debtors 2024 2023
£ £
Other debtors - 3,716
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 5,000 5,000
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,667 11,667
7 Other information
QUALITYLINK SERVICES PROVIDER LTD is a private company limited by shares and incorporated in England. Its registered office is:
The Priory
Thremhall Park
Stort Hill
Bishop's Stortford
CM22 7WE
QUALITYLINK SERVICES PROVIDER LTD 07541913 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2022 Chris Emmanuel No description of principal activity 07541913 2022-03-01 2023-02-28 07541913 core:WithinOneYear 2023-02-28 07541913 core:AfterOneYear 2023-02-28 07541913 core:ShareCapital 2023-02-28 07541913 core:RetainedEarningsAccumulatedLosses 2023-02-28 07541913 2023-03-01 2024-02-29 07541913 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07541913 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07541913 bus:Director40 2023-03-01 2024-02-29 07541913 1 2023-03-01 2024-02-29 07541913 2 2023-03-01 2024-02-29 07541913 core:PlantMachinery 2023-03-01 2024-02-29 07541913 countries:England 2023-03-01 2024-02-29 07541913 bus:FRS102 2023-03-01 2024-02-29 07541913 bus:FullAccounts 2023-03-01 2024-02-29 07541913 2024-02-29 07541913 core:WithinOneYear 2024-02-29 07541913 core:AfterOneYear 2024-02-29 07541913 core:ShareCapital 2024-02-29 07541913 core:RetainedEarningsAccumulatedLosses 2024-02-29 07541913 core:PlantMachinery 2024-02-29 07541913 2023-02-28 07541913 core:PlantMachinery 2023-02-28 iso4217:GBP xbrli:pure