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Company Registration No. 10234797 (England and Wales)
Quals Skills Ltd Unaudited accounts for the year ended 30 June 2024
Quals Skills Ltd Unaudited accounts Contents
Page
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Quals Skills Ltd Company Information for the year ended 30 June 2024
Director
ZIKALI, Nozipho
Company Number
10234797 (England and Wales)
Registered Office
WATERFRONT STUDIOS BUSINESS CENTRE UNIT G12, WATERFRONT STUDIOS, 1 DOCK ROA LONDON GREATER LONDON E16 1AG UNITED KINGDOM
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Quals Skills Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,698 
16,467 
Current assets
Debtors
408,059 
83,987 
Cash at bank and in hand
6,783 
83,674 
414,842 
167,661 
Creditors: amounts falling due within one year
(12,844)
(37,917)
Net current assets
401,998 
129,744 
Total assets less current liabilities
406,696 
146,211 
Creditors: amounts falling due after more than one year
(300,447)
(26,335)
Net assets
106,249 
119,876 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
106,248 
119,875 
Shareholders' funds
106,249 
119,876 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 November 2024 and were signed on its behalf by
ZIKALI, Nozipho Director Company Registration No. 10234797
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Quals Skills Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Quals Skills Ltd is a private company, limited by shares, registered in England and Wales, registration number 10234797. The registered office is WATERFRONT STUDIOS BUSINESS CENTRE, UNIT G12, WATERFRONT STUDIOS, 1 DOCK ROA, LONDON, GREATER LONDON, E16 1AG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% PER ANNUM
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
57,034 
21,914 
78,948 
Additions
- 
6,470 
6,470 
At 30 June 2024
57,034 
28,384 
85,418 
Depreciation
At 1 July 2023
43,178 
19,303 
62,481 
Charge for the year
- 
4,383 
4,383 
On disposals
13,856 
- 
13,856 
At 30 June 2024
57,034 
23,686 
80,720 
Net book value
At 30 June 2024
- 
4,698 
4,698 
At 30 June 2023
13,856 
2,611 
16,467 
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Quals Skills Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,372 
- 
Other debtors
398,687 
83,987 
408,059 
83,987 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
11,631 
36,904 
Other creditors
1,213 
1,013 
12,844 
37,917 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,909 
21,888 
Obligations under finance leases and hire purchase contracts
- 
4,447 
Other creditors
251,100 
- 
Taxes and social security
33,438 
- 
300,447 
26,335 
8
Average number of employees
During the year the average number of employees was 8 (2023: 7).
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