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REGISTERED NUMBER: 05163232 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Quick Core Services Ltd

Quick Core Services Ltd (Registered number: 05163232)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Quick Core Services Ltd

Company Information
for the year ended 31 August 2024







DIRECTOR: A D Talbot





REGISTERED OFFICE: 49 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2NR





REGISTERED NUMBER: 05163232 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Quick Core Services Ltd (Registered number: 05163232)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,292 61,127

CURRENT ASSETS
Stocks 273,172 334,372
Debtors 5 145,947 56,660
Cash at bank 101,435 55,702
520,554 446,734
CREDITORS
Amounts falling due within one year 6 421,218 382,834
NET CURRENT ASSETS 99,336 63,900
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,628

125,027

CREDITORS
Amounts falling due after more than one year 7 (14,700 ) (34,300 )

PROVISIONS FOR LIABILITIES (16,901 ) (13,906 )
NET ASSETS 142,027 76,821

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 141,927 76,721
SHAREHOLDERS' FUNDS 142,027 76,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:





A D Talbot - Director


Quick Core Services Ltd (Registered number: 05163232)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Quick Core Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery- 25% on reducing balance
Fixtures and fittings- 15% on reducing balance
Motor vehicles- 25% on reducing balance
Computer equipment- 33% straight line

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.

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.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Quick Core Services Ltd (Registered number: 05163232)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Cash & cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 262,265 5,086 51,196 4,667 323,214
Additions 3,743 - 33,500 - 37,243
At 31 August 2024 266,008 5,086 84,696 4,667 360,457
DEPRECIATION
At 1 September 2023 228,245 5,017 26,482 2,343 262,087
Charge for year 9,441 17 14,553 67 24,078
At 31 August 2024 237,686 5,034 41,035 2,410 286,165
NET BOOK VALUE
At 31 August 2024 28,322 52 43,661 2,257 74,292
At 31 August 2023 34,020 69 24,714 2,324 61,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 145,947 56,482
Other debtors - 178
145,947 56,660

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,600 19,600
Trade creditors 142,016 111,654
Tax 16,303 11,091
Social security & other taxes 3,684 4,645
VAT 29,733 17,778
Other creditors 71,621 57,487
Directors' current accounts 135,961 158,779
Accrued expenses 2,300 1,800
421,218 382,834

Quick Core Services Ltd (Registered number: 05163232)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 14,700 19,600
Bank loans - 2-5 years - 14,700
14,700 34,300

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end Mr A Talbot was owed £135,961 (2023: £158,779) by the company, which is repayable on demand and attracts no interest.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Quick Core Services Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Quick Core Services Ltd for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 director of Quick Core Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quick Core Services Ltd and state those matters that we have agreed to state to the director of Quick Core Services Ltd 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 Quick Core Services Ltd and its director for our work or for this report.

It is your duty to ensure that Quick Core Services Ltd 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 profit of Quick Core Services Ltd. You consider that Quick Core Services Ltd 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 Quick Core Services Ltd. 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.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


13 March 2025