Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2truefalse2023-11-01No description of principal activity2false 5964748 2023-11-01 2024-10-31 5964748 2022-11-01 2023-10-31 5964748 2024-10-31 5964748 2023-10-31 5964748 c:CompanySecretary1 2023-11-01 2024-10-31 5964748 c:Director1 2023-11-01 2024-10-31 5964748 c:RegisteredOffice 2023-11-01 2024-10-31 5964748 d:CurrentFinancialInstruments 2024-10-31 5964748 d:CurrentFinancialInstruments 2023-10-31 5964748 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 5964748 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 5964748 d:ShareCapital 2024-10-31 5964748 d:ShareCapital 2023-10-31 5964748 d:RetainedEarningsAccumulatedLosses 2024-10-31 5964748 d:RetainedEarningsAccumulatedLosses 2023-10-31 5964748 c:FRS102 2023-11-01 2024-10-31 5964748 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 5964748 c:FullAccounts 2023-11-01 2024-10-31 5964748 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 5964748 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company registration number: 5964748







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2024


QUALITAS ENERGY SERVICES LTD






































img0b27.png                        

 


QUALITAS ENERGY SERVICES LTD
 


 
COMPANY INFORMATION


Director
A Rao 




Company secretary
K Rao



Registered number
5964748



Registered office
13 Alberts Court
2 Palgrave Gardens

London

NW1 6EL




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


QUALITAS ENERGY SERVICES LTD
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 3


 


QUALITAS ENERGY SERVICES LTD
REGISTERED NUMBER:5964748



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
433,381
444,955

Cash at bank and in hand
  
63,553
65,719

  
496,934
510,674

Creditors: amounts falling due within one year
 5 
(49,667)
(52,838)

Net current assets
  
 
 
447,267
 
 
457,836

Total assets less current liabilities
  
447,267
457,836

  

Net assets
  
447,267
457,836


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
447,266
457,835

  
447,267
457,836


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



A Rao
Director

Date: 24 January 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


QUALITAS ENERGY SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Qualitas Energy Services Ltd is a private company, limited by shares, registered in England and Wales, company registration number 05964748. The registered office is stated on the company information page. There is no principal place of business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 2

 


QUALITAS ENERGY SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Debtors

2024
2023
£
£


Other debtors
433,381
444,955

433,381
444,955



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
16
16

Other creditors
47,751
51,022

Accruals and deferred income
1,900
1,800

49,667
52,838


 
Page 3