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REGISTERED NUMBER: 06948267 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FQ CONTRACTORS LIMITED

FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FQ CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: C V Podina





REGISTERED OFFICE: 13 Crosier Close
London
SE3 8NT





REGISTERED NUMBER: 06948267 (England and Wales)





ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE

FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 143,926 54,088

CURRENT ASSETS
Stocks 155,400 204,812
Debtors 5 1,634,377 1,324,378
Cash at bank and in hand 301,189 46,339
2,090,966 1,575,529
CREDITORS
Amounts falling due within one year 6 (1,038,706 ) (610,678 )
NET CURRENT ASSETS 1,052,260 964,851
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,196,186

1,018,939

CREDITORS
Amounts falling due after more than one year 7 (28,438 ) (57,296 )

PROVISIONS FOR LIABILITIES (12,741 ) (10,277 )
NET ASSETS 1,155,007 951,366

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,154,907 951,266
SHAREHOLDERS' FUNDS 1,155,007 951,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 8 May 2025 and were signed by:





C V Podina - Director


FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Fq Contractors Limited 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 222,776 4,833 33,827 15,787 277,223
Additions - - 112,086 17,615 129,701
At 30 September 2024 222,776 4,833 145,913 33,402 406,924
DEPRECIATION
At 1 October 2023 186,832 2,226 24,220 9,857 223,135
Charge for year 8,984 652 24,339 5,888 39,863
At 30 September 2024 195,816 2,878 48,559 15,745 262,998
NET BOOK VALUE
At 30 September 2024 26,960 1,955 97,354 17,657 143,926
At 30 September 2023 35,944 2,607 9,607 5,930 54,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,492,761 1,268,917
Other debtors 141,616 55,461
1,634,377 1,324,378

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 47,807 72,928
Hire purchase contracts 3,899 -
Trade creditors 619,371 261,979
Taxation and social security 157,983 146,422
Other creditors 209,646 129,349
1,038,706 610,678

FQ CONTRACTORS LIMITED (REGISTERED NUMBER: 06948267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,667 16,666
Hire purchase contracts 13,645 -
Other creditors 8,126 40,630
28,438 57,296

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be the shareholders of its parent undertaking FQ Design & Management Limited.