Acorah Software Products - Accounts Production 16.0.110 false true true false 9 March 2023 31 March 2024 31 March 2024 14719503 Mr Qassem QOUNBOS Mr Qassem QOUNBOS true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14719503 2023-03-08 14719503 2024-03-31 14719503 2023-03-09 2024-03-31 14719503 frs-core:CurrentFinancialInstruments 2024-03-31 14719503 frs-core:ComputerEquipment 2024-03-31 14719503 frs-core:ComputerEquipment 2023-03-09 2024-03-31 14719503 frs-core:ComputerEquipment 2023-03-08 14719503 frs-core:MotorVehicles 2024-03-31 14719503 frs-core:MotorVehicles 2023-03-09 2024-03-31 14719503 frs-core:MotorVehicles 2023-03-08 14719503 frs-core:PlantMachinery 2024-03-31 14719503 frs-core:PlantMachinery 2023-03-09 2024-03-31 14719503 frs-core:PlantMachinery 2023-03-08 14719503 frs-core:ShareCapital 2024-03-31 14719503 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14719503 frs-bus:PrivateLimitedCompanyLtd 2023-03-09 2024-03-31 14719503 frs-bus:FilletedAccounts 2023-03-09 2024-03-31 14719503 frs-bus:SmallEntities 2023-03-09 2024-03-31 14719503 frs-bus:AuditExempt-NoAccountantsReport 2023-03-09 2024-03-31 14719503 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-09 2024-03-31 14719503 1 2023-03-09 2024-03-31 14719503 frs-bus:Director1 2023-03-09 2024-03-31 14719503 frs-countries:EnglandWales 2023-03-09 2024-03-31
Registered number: 14719503
QASM CONSTRUCTION SERVICES LIMITED
Unaudited Financial Statements
For the Period 9 March 2023 to 31 March 2024
A-Z Z-A COMPANIES
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14719503
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 11,478
11,478
Creditors: Amounts Falling Due Within One Year 5 (17,746 )
NET CURRENT ASSETS (LIABILITIES) (17,746 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,268 )
NET LIABILITIES (6,268 )
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account (6,269 )
SHAREHOLDERS' FUNDS (6,268)
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For the period 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 member has 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.
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 Qassem QOUNBOS
Director
13/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
QASM CONSTRUCTION SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14719503 . The registered office is 44 Hornby Court High Road, London, NW10 2AZ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on Diminishing Balance
Motor Vehicles 20% on Diminishing Balance
Computer Equipment 20% on Diminishing Balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 9 March 2023 - - - -
Additions 6,882 6,566 899 14,347
As at 31 March 2024 6,882 6,566 899 14,347
Depreciation
As at 9 March 2023 - - - -
Provided during the period 1,376 1,313 180 2,869
As at 31 March 2024 1,376 1,313 180 2,869
Net Book Value
As at 31 March 2024 5,506 5,253 719 11,478
As at 9 March 2023 - - - -
5. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 111
Bank loans and overdrafts 19
Other creditors 17,616
17,746
6. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr Qassem QOUNBOS by virtue of his ownership of 100% of the issued share capital in the company.
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