20 July 2023 v2025.21.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP150169842023-07-202024-07-31150169842024-07-3115016984core:WithinOneYear2024-07-3115016984core:ShareCapital2024-07-3115016984core:RetainedEarningsAccumulatedLosses2024-07-3115016984bus:Director12023-07-202024-07-3115016984bus:RegisteredOffice2023-07-202024-07-3115016984core:TransfersBetweenInvestmentClassesIncreaseDecreaseInInvestments2024-07-3115016984core:CostValuation2024-07-311501698412023-07-202024-07-3115016984countries:EnglandWales2023-07-202024-07-3115016984bus:AuditExempt-NoAccountantsReport2023-07-202024-07-3115016984bus:PrivateLimitedCompanyLtd2023-07-202024-07-3115016984bus:SmallEntities2023-07-202024-07-3115016984bus:FullAccounts2023-07-202024-07-31
Company registration number:
15016984
GMQ CONSULTANTS LTD
Unaudited Filleted Financial Statements for the period ended
31 July 2024
GMQ CONSULTANTS LTD
Statement of Financial Position
31 July 2024
31 Jul 2024
Note£
Fixed assets  
Investments 5
(10,000
)
Current assets  
Cash at bank and in hand
63,785
 
Creditors: amounts falling due within one year 6
(15,037
)
Net current assets
48,748
 
Total assets less current liabilities 38,748  
Capital and reserves  
Called up share capital
2
 
Profit and loss account
38,746
 
Shareholders funds
38,748
 
For the period ending
31 July 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
17 April 2025
, and are signed on behalf of the board by:
Mr. Gary Quinlan
Director
Company registration number:
15016984
GMQ CONSULTANTS LTD
Notes to the Financial Statements
Period ended
31 July 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House, 14 Ack Lane East
,
Bramhall
,
Stockport
,
SK7 2BY
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Investments

Other investments
£
Cost  
At
20 July 2023
-  
Transfers
(10,000
)
At
31 July 2024
(10,000
)
Impairment  
At
20 July 2023
and
31 July 2024
-  
Carrying amount  
At
31 July 2024
(10,000
)

6 Creditors: amounts falling due within one year

31 Jul 2024
£
Taxation and social security
13,407
 
Other creditors
1,630
 
15,037