Company Registration No. 13847781 (England and Wales)
QB COFFEE LTD
Unaudited accounts
for the year ended 31 January 2024
QB COFFEE LTD
Unaudited accounts
Contents
QB COFFEE LTD
Company Information
for the year ended 31 January 2024
Director
Kevin Jonathan Scott
Company Number
13847781 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
LS6 1PY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
QB COFFEE LTD
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
QB COFFEE LTD for the year ended
31 January 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
29 January 2025
QB COFFEE LTD
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
6,053
4,136
Creditors: amounts falling due within one year
(1,411)
(2,494)
Net current assets
4,642
5,184
Called up share capital
100
100
Profit and loss account
7,682
5,084
Shareholders' funds
7,782
5,184
For the year ending 31 January 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 January 2025 and were signed on its behalf by
Kevin Jonathan Scott
Director
Company Registration No. 13847781
QB COFFEE LTD
Notes to the Accounts
for the year ended 31 January 2024
QB COFFEE LTD is a private company, limited by shares, registered in England and Wales, registration number 13847781. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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:
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
QB COFFEE LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,987
1,193
Loans from directors
(1,566)
801
At the year end a balance of £1,566 was owed by the director.
The above balance is interest free with no fix date of repayment.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).