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REGISTERED NUMBER: 08530562 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

QP13 LIMITED

QP13 LIMITED (REGISTERED NUMBER: 08530562)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QP13 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D R Roper
Mrs D Roper





SECRETARY: Mrs D Roper





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 08530562 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

QP13 LIMITED (REGISTERED NUMBER: 08530562)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,681 17,304

CURRENT ASSETS
Stocks 450 450
Debtors 5 17,265 18,775
Cash at bank 5,790 744
23,505 19,969
CREDITORS
Amounts falling due within one year 6 13,141 11,051
NET CURRENT ASSETS 10,364 8,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,045

26,222

CREDITORS
Amounts falling due after more than one
year

7

(18,005

)

(25,577

)

PROVISIONS FOR LIABILITIES 8 (22 ) (277 )
NET ASSETS 3,018 368

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,016 366
3,018 368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

QP13 LIMITED (REGISTERED NUMBER: 08530562)

BALANCE SHEET - continued
30 APRIL 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





D R Roper - Director


QP13 LIMITED (REGISTERED NUMBER: 08530562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

QP13 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A '' Small Entities'' 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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery - 20% on cost
Fixtures & fittings - 20% on cost
Computer equipment - 33% on cost
Motor vehicles - 20% on cost


Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The Directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

QP13 LIMITED (REGISTERED NUMBER: 08530562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 19,733 972 26,415 4,741 51,861
DEPRECIATION
At 1 May 2023 19,733 972 10,566 3,286 34,557
Charge for year - - 5,283 1,340 6,623
At 30 April 2024 19,733 972 15,849 4,626 41,180
NET BOOK VALUE
At 30 April 2024 - - 10,566 115 10,681
At 30 April 2023 - - 15,849 1,455 17,304

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Other debtors 17,265 18,775

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 4,026 4,026
Finance leases 3,563 3,563
Trade creditors 35 316
Tax 1,387 1,005
Social security and other taxes 40 -
VAT 903 1,132
Directors' current accounts 2,287 109
Accrued expenses 900 900
13,141 11,051

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans - 1-2 years 4,000 4,000
Bank loans - 2-5 years 356 4,365
Finance leases 13,649 17,212
18,005 25,577

QP13 LIMITED (REGISTERED NUMBER: 08530562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. PROVISIONS FOR LIABILITIES
30/4/24 30/4/23
£    £   
Deferred tax 22 277

Deferred
tax
£   
Balance at 1 May 2023 277
Credit to Income Statement during year (255 )
Balance at 30 April 2024 22

9. RELATED PARTY DISCLOSURES

My Secret Fairy (Franchising) Limited, a company registered in England and Wales, is considered to be a related party by virtue of common control.

During the year, the company was charged Management fees of £1,800 (2023: £1,200) from My Secret Fairy (Franchising) Limited and monies totalling £290 (2023: £14,700) were loaned to My Secret Fairy (Franchising) Limited.

As at 30 April 2024, £17,265 (2023: £18,775) was owed to the company from My Secret Fairy (Franchising) Limited.

The loan is repayable on demand and no interest has been charged.