QUIDSAVER LIMITED

Company Registration Number:
14842921 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 3 May 2023

End date: 31 May 2024

QUIDSAVER LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

QUIDSAVER LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 570
Cost of sales: ( 402 )
Gross profit(or loss): 168
Distribution costs: 0
Administrative expenses: ( 301 )
Operating profit(or loss): (133)
Profit(or loss) before tax: (133)
Profit(or loss) for the financial year: (133)

QUIDSAVER LIMITED

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Fixed assets
Tangible assets: 3 400
Total fixed assets: 400
Current assets
Cash at bank and in hand: 83
Total current assets: 83
Net current assets (liabilities): 83
Total assets less current liabilities: 483
Creditors: amounts falling due after more than one year: 4 ( 465 )
Total net assets (liabilities): 18
Capital and reserves
Called up share capital: 1
Profit and loss account: 17
Total Shareholders' funds: 18

The notes form part of these financial statements

QUIDSAVER LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 January 2025
and signed on behalf of the board by:

Name: Ryan Ward
Status: Director

The notes form part of these financial statements

QUIDSAVER LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the total value of consultancy services provided by the company during the financial year. Revenue is recognised when payment is received, in accordance with the company’s revenue recognition policy. Customers may pay for services either upfront or in two equal monthly instalments. In cases where payment is made in instalments, revenue is recognised upon receipt of each instalment. The company operates a 14-day cooling-off period, during which customers may cancel their engagement for a full refund, provided no consultancy services have been delivered. Additionally, a money-back guarantee is offered if the consultancy services do not provide financial benefits to the client that meet or exceed the service fee. Refunds under this guarantee are assessed on a case-by-case basis and, where applicable, are recognised as a reduction in turnover in the financial statements.

QUIDSAVER LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 1

    Just the director is employed by the business.

QUIDSAVER LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 400 400
Disposals
Revaluations
Transfers
At 31 May 2024 400 400
Depreciation
Charge for year
On disposals
Other adjustments
At 31 May 2024
Net book value
At 31 May 2024 400 400

QUIDSAVER LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due after more than one year note

13 months to 31 May 2024
£
Other creditors 465
Total 465

Directors loan for company start-up capital