1 February 2024 false No description of principal activity Taxfiler 2024.6 13151829business:PrivateLimitedCompanyLtd2024-02-012025-01-31 131518292024-01-31 131518292024-02-012025-01-31 13151829business:AuditExemptWithAccountantsReport2024-02-012025-01-31 13151829business:FilletedAccounts2024-02-012025-01-31 131518292025-01-31 13151829business:Director12024-02-012025-01-31 13151829business:Director22024-02-012025-01-31 13151829business:Director32024-02-012025-01-31 13151829business:Director42024-02-012025-01-31 13151829business:RegisteredOffice2024-02-012025-01-31 131518292024-01-31 13151829core:WithinOneYear2025-01-31 13151829core:WithinOneYear2024-01-31 13151829core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 13151829core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13151829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 13151829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13151829core:PreviouslyStatedAmount2025-01-31 13151829core:PreviouslyStatedAmount2024-01-31 13151829business:SmallEntities2024-02-012025-01-31 13151829countries:EnglandWales2024-02-012025-01-31 13151829core:FurnitureFittings2024-02-012025-01-31 13151829core:ComputerEquipment2024-02-012025-01-31 13151829core:FurnitureFittings2024-01-31 13151829core:ComputerEquipment2024-01-31 13151829core:FurnitureFittings2025-01-31 13151829core:ComputerEquipment2025-01-31 13151829core:AdditionsToInvestments2025-01-31 131518292023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13151829 (England and Wales)
The QS Advisory Co Ltd Unaudited accounts for the year ended 31 January 2025
The QS Advisory Co Ltd Unaudited accounts Contents
Page
- 2 -
The QS Advisory Co Ltd Company Information for the year ended 31 January 2025
Directors
SUTHERS, Jacob Oliver STOKES, Richard Mark GREENE, Nigel Martin Earle SUTHERS, Rachel Catherine Francis
Company Number
13151829 (England and Wales)
Registered Office
44 Ormskirk Road, Second Floor Offices Preston PR1 2QP United Kingdom
Accountants
The Tax Farm Hare House 732 Whittingham Lane Preston PR3 2JJ
- 3 -
The QS Advisory Co Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,659 
271 
Investments
50 
- 
20,709 
271 
Current assets
Debtors
64,554 
29,105 
Cash at bank and in hand
16,139 
14,537 
80,693 
43,642 
Creditors: amounts falling due within one year
(87,031)
(82,090)
Net current liabilities
(6,338)
(38,448)
Net assets/(liabilities)
14,371 
(38,177)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,271 
(38,277)
Shareholders' funds
14,371 
(38,177)
For the year ending 31 January 2025 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 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 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 of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by
SUTHERS, Jacob Oliver Director Company Registration No. 13151829
- 4 -
The QS Advisory Co Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
The QS Advisory Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 13151829. The registered office is 44 Ormskirk Road, Second Floor Offices, Preston, PR1 2QP, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
10% Straight Line Method
Computer equipment
33% Straight Line Method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in shares are included at fair value.
- 5 -
The QS Advisory Co Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
- 
1,839 
1,839 
Additions
22,954 
127 
23,081 
At 31 January 2025
22,954 
1,966 
24,920 
Depreciation
At 1 February 2024
- 
1,568 
1,568 
Charge for the year
2,295 
398 
2,693 
At 31 January 2025
2,295 
1,966 
4,261 
Net book value
At 31 January 2025
20,659 
- 
20,659 
At 31 January 2024
- 
271 
271 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2024
- 
Additions
50 
Valuation at 31 January 2025
50 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,050 
27,318 
Accrued income and prepayments
4,500 
- 
Other debtors
32,004 
1,787 
64,554 
29,105 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,513 
7,637 
Obligations under finance leases and hire purchase contracts
715 
- 
Trade creditors
9,879 
(2)
Amounts owed to group undertakings and other participating interests
2,441 
1,990 
Taxes and social security
30,322 
11,650 
Other creditors
35,698 
12,498 
Loans from directors
- 
6,377 
Accruals
5,463 
41,940 
87,031 
82,090 
8
Average number of employees
During the year the average number of employees was 2 (2024: 3).
- 6 -