QUALITY PURCHASES LTD

Company Registration Number:
08269270 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

QUALITY PURCHASES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

QUALITY PURCHASES LTD

Company Information

for the Period Ended 31 October 2024




Director: O ALOMAR
Registered office: 13
Colville Road
London
England
W3 8BL
Company Registration Number: 08269270 (England and Wales)

QUALITY PURCHASES LTD

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,500,000 1,500,000
Total fixed assets: 1,500,000 1,500,000
Current assets
Debtors: 5 3,625 312,306
Cash at bank and in hand: 19,005 5,122
Total current assets: 22,630 317,428
Creditors: amounts falling due within one year: 6 ( 19,591 ) ( 1,600 )
Net current assets (liabilities): 3,039 315,828
Total assets less current liabilities: 1,503,039 1,815,828
Creditors: amounts falling due after more than one year: 7 ( 1,693,341 ) ( 1,993,934 )
Total net assets (liabilities): ( 190,302 ) ( 178,106 )

The notes form part of these financial statements

QUALITY PURCHASES LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 190,402 ) ( 178,206 )
Shareholders funds: ( 190,302 ) ( 178,106 )

For the year ending 31 October 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 12 May 2025
And Signed On Behalf Of The Board By:

Name: O ALOMAR
Status: Director

The notes form part of these financial statements

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 November 2023 1,500,000 1,500,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 1,500,000 1,500,000
Depreciation
At 01 November 2023 0 0
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2024 0 0
Net book value
At 31 October 2024 1,500,000 1,500,000
At 31 October 2023 1,500,000 1,500,000

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors


2024
£

2023
£
Trade debtors 7,500
Prepayments and accrued income 301,181
Other debtors 3,625 3,625
Total 3,625 312,306

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Accruals and deferred income 1,600
Other creditors 19,591
Total 19,591 1,600

QUALITY PURCHASES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 513,802 1,182,500
Other creditors 1,179,539 811,434
Total 1,693,341 1,993,934