Quay Business Management Consultancy Ltd 09420211 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is management consultancy Digita Accounts Production Advanced 6.30.9574.0 true true 09420211 2024-03-01 2025-02-28 09420211 2025-02-28 09420211 bus:Director1 1 2025-02-28 09420211 core:CurrentFinancialInstruments 2025-02-28 09420211 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 09420211 core:MotorVehicles 2025-02-28 09420211 core:OfficeEquipment 2025-02-28 09420211 core:PlantMachinery 2025-02-28 09420211 bus:SmallEntities 2024-03-01 2025-02-28 09420211 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 09420211 bus:FilletedAccounts 2024-03-01 2025-02-28 09420211 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09420211 bus:RegisteredOffice 2024-03-01 2025-02-28 09420211 bus:Director1 2024-03-01 2025-02-28 09420211 bus:Director1 1 2024-03-01 2025-02-28 09420211 bus:Director2 2024-03-01 2025-02-28 09420211 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09420211 core:MotorVehicles 2024-03-01 2025-02-28 09420211 core:OfficeEquipment 2024-03-01 2025-02-28 09420211 core:PlantMachinery 2024-03-01 2025-02-28 09420211 core:Vehicles 2024-03-01 2025-02-28 09420211 countries:AllCountries 2024-03-01 2025-02-28 09420211 2024-02-29 09420211 bus:Director1 1 2024-02-29 09420211 core:MotorVehicles 2024-02-29 09420211 core:OfficeEquipment 2024-02-29 09420211 core:PlantMachinery 2024-02-29 09420211 2023-03-01 2024-02-29 09420211 2024-02-29 09420211 bus:Director1 1 2024-02-29 09420211 core:CurrentFinancialInstruments 2024-02-29 09420211 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 09420211 core:MotorVehicles 2024-02-29 09420211 core:OfficeEquipment 2024-02-29 09420211 core:PlantMachinery 2024-02-29 09420211 bus:Director1 1 2023-03-01 2024-02-29 09420211 bus:Director1 1 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 09420211

Quay Business Management Consultancy Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 28 February 2025

 

Quay Business Management Consultancy Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Quay Business Management Consultancy Ltd

Company Information

Directors

Miss Angela Marsden

Mr Glen Jones

Registered office

2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

Accountants

Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

 

Quay Business Management Consultancy Ltd

(Registration number: 09420211)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

         

Fixed assets

   

Tangible assets

4

 

19,202

24,020

Current assets

   

Debtors

5

16,807

 

38,126

Cash at bank and in hand

 

325,526

 

219,547

 

342,333

 

257,673

Creditors: Amounts falling due within one year

6

(64,949)

 

(66,223)

Net current assets

   

277,384

191,450

Total assets less current liabilities

   

296,586

215,470

Provisions for liabilities

 

(4,800)

(6,005)

Net assets

   

291,786

209,465

Capital and reserves

   

Called up share capital

20

 

20

Retained earnings

291,766

 

209,445

Shareholders' funds

   

291,786

209,465

 

Quay Business Management Consultancy Ltd

(Registration number: 09420211)
Balance Sheet as at 28 February 2025

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 June 2025 and signed on its behalf by:
 

.........................................

Miss Angela Marsden
Director

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Quay Business Management Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA
United Kingdom

These financial statements were authorised for issue by the Board on 22 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Quay Business Management Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

25% Straight Line

Motor Vehicles

25% Reducing Balance

Equipment

25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Quay Business Management Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

 

Quay Business Management Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4

Tangible assets

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 March 2024

2,322

3,423

56,490

62,235

Additions

-

1,416

-

1,416

At 28 February 2025

2,322

4,839

56,490

63,651

Depreciation

At 1 March 2024

2,142

2,422

33,651

38,215

Charge for the year

180

344

5,710

6,234

At 28 February 2025

2,322

2,766

39,361

44,449

Carrying amount

At 28 February 2025

-

2,073

17,129

19,202

At 29 February 2024

180

1,001

22,839

24,020

5

Debtors

Current

2025
£

2024
£

Trade debtors

15,840

37,135

Prepayments

967

991

 

16,807

38,126

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

45,649

32,226

Accruals and deferred income

1,050

1,050

Other creditors

18,250

32,947

64,949

66,223

 

Quay Business Management Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

7

Related party transactions

Loans from the director are interest free and repayable on demand.

Transactions with directors

2025

At 1 March 2024
£

Advances to director
£

Repayments by director
£

At 28 February 2025
£

Miss Angela Marsden

Director's Loan Account

(32,947)

59,577

(44,880)

(18,250)

2024

At 1 March 2023
£

Advances to director
£

Repayments by director
£

At 29 February 2024
£

Miss Angela Marsden

Director's Loan Account

(46,100)

53,583

(40,430)

(32,947)