Registered Number:09110282 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Liberty QS Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Liberty QS Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
4,574
7,564
2
4,574
7,564
Trade and other receivables |
115,218
127,299
3
45,679
Cash and cash equivalents |
86,259
213,558
160,897
Trade and other payables: amounts falling due within one |
year |
(135,722)
(201,959)
4
25,175
11,599
Net current assets
Total assets less current liabilities |
16,173
32,739
Trade and other payables: amounts falling due after more |
than one year |
(20,752)
(10,506)
5
747
(1,891)
Provisions for liabilities |
6,414
Net assets
10,096
100
100
6,314
9,996
6,414
10,096
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Stuart Nigel Harrison Director |
These financial statements were approved and authorised for issue by the Board on 11 December 2024 and were signed by: |
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For the year ended 30 June 2024
Liberty QS Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 June 2024
Liberty QS Limited
Notes to the Financial Statements
Statutory Information
Liberty QS Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 09110282. |
Maidstone Innovation Centre
Office 26, Gidds Pond, Kent Medical Campus
Maidstone
Kent
ME14 5FY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes for quantity surveying. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Furniture and Fittings
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. |
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For the year ended 30 June 2024
Liberty QS Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
30,615
23,519
7,096
1,581
1,581
-
7,096
25,100
32,196
Provision for depreciation and impairment |
23,051
16,293
6,758
Charge for year
4,571
4,255
316
27,622
20,548
7,074
22
4,552
4,574
338
7,226
7,564
3. Trade and other receivables |
2023
2024
125,777
114,626
Amounts owed by group undertakings and participating interests |
117
117
1,405
475
115,218
127,299
4. Trade and other payables: amounts falling due within one year |
2023
2024
11,134
9,994
5,229
2,097
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
2,500
-
Taxation and social security |
129,864
112,432
53,232
11,199
201,959
135,722
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For the year ended 30 June 2024
Liberty QS Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
10,506
20,752
6. Average number of persons employed |
During the year the average number of employees was 9 (2023 : 10)
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