Company registration number 02661979 (England and Wales)
STERLING QUALITY SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
STERLING QUALITY SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
STERLING QUALITY SERVICES LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
2
5,700
9,300
Tangible assets
3
6,162
3,791
Investment properties
4
200,000
200,000
Investments
5
6
6
211,868
213,097
Current assets
Debtors
6
386,089
638,281
Cash at bank and in hand
437,642
170,472
823,731
808,753
Creditors: amounts falling due within one year
7
(344,795)
(354,651)
Net current assets
478,936
454,102
Total assets less current liabilities
690,804
667,199
Provisions for liabilities
(16,710)
(16,929)
Net assets
674,094
650,270
Capital and reserves
Called up share capital
8
100
100
Revaluation reserve
126,102
126,102
Profit and loss reserves
547,892
524,068
Total equity
674,094
650,270

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

STERLING QUALITY SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
2024
2023
Notes
£
£
£
£
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 4 May 2025 and are signed on its behalf by:
Ms L Roberts
Director
Company Registration No. 02661979
STERLING QUALITY SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
- 3 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
6
6
2
Intangible fixed assets
Other
£
Cost
At 1 November 2023 and 31 October 2024
10,800
Amortisation and impairment
At 1 November 2023
1,500
Amortisation charged for the year
3,600
At 31 October 2024
5,100
Carrying amount
At 31 October 2024
5,700
At 31 October 2023
9,300
3
Tangible fixed assets
Plant and machinery
£
Cost
At 1 November 2023
48,295
Additions
4,362
At 31 October 2024
52,657
Depreciation and impairment
At 1 November 2023
44,504
Depreciation charged in the year
1,991
At 31 October 2024
46,495
Carrying amount
At 31 October 2024
6,162
At 31 October 2023
3,791
STERLING QUALITY SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
- 4 -
4
Investment property
2024
£
Fair value
At 1 November 2023 and 31 October 2024
200,000

Investment property comprises a commercial building which had previously been occupied by the company. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

5
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
6
6
6
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
304,150
580,132
Amounts owed by group undertakings
7,429
-
0
Other debtors
74,510
58,149
386,089
638,281
7
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
251,039
232,068
Amounts owed to group undertakings
-
0
496
Taxation and social security
40,877
97,841
Other creditors
52,879
24,246
344,795
354,651
8
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A - E shares of £1 each
100
100
100
100
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