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Company Registration No. 07778724 (England and Wales)
QUALITY AUTO TRADING LIMITED Unaudited accounts for the year ended 30 September 2024
QUALITY AUTO TRADING LIMITED Unaudited accounts Contents
Page
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QUALITY AUTO TRADING LIMITED Company Information for the year ended 30 September 2024
Director
Mrs. Damindri Shashika Ponweera
Company Number
07778724 (England and Wales)
Registered Office
3 Niblick Green Chelmsford CM3 3FS England
Accountants
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL
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QUALITY AUTO TRADING LIMITED Accountants' report
Accountants' report to the director of QUALITY AUTO TRADING LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of QUALITY AUTO TRADING LIMITED for the year ended 30 September 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of QUALITY AUTO TRADING LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of QUALITY AUTO TRADING LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than QUALITY AUTO TRADING LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that QUALITY AUTO TRADING LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of QUALITY AUTO TRADING LIMITED. You consider that QUALITY AUTO TRADING LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of QUALITY AUTO TRADING LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL 1 July 2025
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QUALITY AUTO TRADING LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
159,470 
157,970 
Debtors
20,020 
41,206 
Cash at bank and in hand
33 
430 
179,523 
199,606 
Creditors: amounts falling due within one year
(161,215)
(184,874)
Net current assets
18,308 
14,732 
Net assets
18,308 
14,732 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,307 
14,731 
Shareholders' funds
18,308 
14,732 
For the year ending 30 September 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 1 July 2025 and were signed on its behalf by
Mrs. Damindri Shashika Ponweera Director Company Registration No. 07778724
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QUALITY AUTO TRADING LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
QUALITY AUTO TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07778724. The registered office is 3 Niblick Green, Chelmsford, CM3 3FS, England.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,945 
8,179 
Trade debtors
11,075 
24,027 
Other debtors
6,000 
9,000 
20,020 
41,206 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
36,700 
39,525 
Loans from directors
124,515 
144,849 
Accruals
- 
500 
161,215 
184,874 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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