Company Registration No. 09456367 (England and Wales)
QFSL (HULL) LIMITED
Unaudited accounts
for the year ended 29 February 2024
QFSL (HULL) LIMITED
Unaudited accounts
Contents
QFSL (HULL) LIMITED
Company Information
for the year ended 29 February 2024
Company Number
09456367 (England and Wales)
Registered Office
62-66 CUMBERLAND STREET
HULL
HU2 0QB
UNITED KINGDOM
Accountants
AL ACCOUNTING SOLUTIONS (HULL) LIMITED
42 GUILDFORD AVENUE
GILLSHILL ROAD
HULL
EAST YORKSHIRE
HU8 0LB
QFSL (HULL) LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
45,332
38,489
Cash at bank and in hand
194,408
153,244
Creditors: amounts falling due within one year
(248,790)
(264,063)
Net current assets
222,925
242,061
Net assets
268,257
280,550
Called up share capital
100
100
Profit and loss account
268,157
280,450
Shareholders' funds
268,257
280,550
For the year ending 29 February 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2024 and were signed on its behalf by
STEPHEN BURRLUCK
Director
Company Registration No. 09456367
QFSL (HULL) LIMITED
Notes to the Accounts
for the year ended 29 February 2024
QFSL (HULL) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09456367. The registered office is 62-66 CUMBERLAND STREET, HULL, HU2 0QB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% - COST
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
69,936
-
69,936
Additions
3,401
28,245
31,646
At 29 February 2024
73,337
28,245
101,582
At 1 March 2023
31,447
-
31,447
Charge for the year
17,742
7,061
24,803
At 29 February 2024
49,189
7,061
56,250
At 29 February 2024
24,148
21,184
45,332
At 28 February 2023
38,489
-
38,489
QFSL (HULL) LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
249,141
264,952
Accrued income and prepayments
4,546
4,547
Other debtors
23,620
83,381
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
1,989
Trade creditors
45,051
67,604
Taxes and social security
19,104
36,082
Other creditors
4,194
14,165
Loans from directors
14,900
14,900
7
Average number of employees
During the year the average number of employees was 112 (2023: 112).