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REGISTERED NUMBER: 05411451 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

QUALITY MILK MANAGEMENT SERVICES LIMITED

QUALITY MILK MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 05411451)






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

Chartered Accountants' Report 6

QUALITY MILK MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Dr A J Bradley
Dr K J Bradley





SECRETARY: Dr K J Bradley





REGISTERED OFFICE: Stoke House
Stoke Street
Rodney Stoke
Cheddar
BS27 3UP





REGISTERED NUMBER: 05411451 (England and Wales)





ACCOUNTANTS: Mitchells Chartered Accountants
St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY

QUALITY MILK MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 05411451)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,023,714 744,342
1,023,714 744,342

CURRENT ASSETS
Stocks 205,427 202,901
Debtors 6 254,700 217,664
Cash at bank 439,072 319,821
899,199 740,386
CREDITORS
Amounts falling due within one
year

7

463,754

70,852
NET CURRENT ASSETS 435,445 669,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,459,159

1,413,876

PROVISIONS FOR LIABILITIES 152,358 78,516
NET ASSETS 1,306,801 1,335,360

CAPITAL AND RESERVES
Called up share capital 203 202
Retained earnings 1,306,598 1,335,158
SHAREHOLDERS' FUNDS 1,306,801 1,335,360

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.

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.

QUALITY MILK MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 05411451)

BALANCE SHEET - continued
30 APRIL 2024



The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





Dr A J Bradley - Director


QUALITY MILK MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 05411451)

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

1. STATUTORY INFORMATION

Quality Milk Management Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 22 ) .

QUALITY MILK MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 05411451)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023 1,518
Disposals (1,518 )
At 30 April 2024 -
AMORTISATION
At 1 May 2023 1,518
Eliminated on disposal (1,518 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 257,043 1,380,524 1,637,567
Additions - 367,761 367,761
At 30 April 2024 257,043 1,748,285 2,005,328
DEPRECIATION
At 1 May 2023 - 893,225 893,225
Charge for year - 88,389 88,389
At 30 April 2024 - 981,614 981,614
NET BOOK VALUE
At 30 April 2024 257,043 766,671 1,023,714
At 30 April 2023 257,043 487,299 744,342

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 128,676 134,625
Other debtors 126,024 83,039
254,700 217,664

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 355,411 37,123
Other creditors 108,343 33,729
463,754 70,852

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
QUALITY MILK MANAGEMENT SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quality Milk Management Services Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quality Milk Management Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quality Milk Management Services Limited and state those matters that we have agreed to state to the Board of Directors of Quality Milk Management Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quality Milk Management Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quality Milk Management Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Quality Milk Management Services Limited. You consider that Quality Milk Management Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quality Milk Management Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchells Chartered Accountants
St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY


20 January 2025