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REGISTERED NUMBER: 06565266 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 March 2025

for

Qualitas Maintenance Limited

Qualitas Maintenance Limited (Registered number: 06565266)






Contents of the Financial Statements
for the Year Ended 30 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

Qualitas Maintenance Limited

Company Information
for the Year Ended 30 March 2025







DIRECTORS: Mrs D Price-Perrins
B Price-Perrins





REGISTERED OFFICE: 5 North Lane
Gamlingay
Sandy
SG19 3NT





REGISTERED NUMBER: 06565266 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Qualitas Maintenance Limited (Registered number: 06565266)

Balance Sheet
30 March 2025

30.3.25 30.3.24
Notes £    £   
FIXED ASSETS
Intangible assets 5 16,000 18,000
Tangible assets 6 13,017 15,716
29,017 33,716

CURRENT ASSETS
Debtors 7 4,629 4,038
Cash at bank 404 1,224
5,033 5,262
CREDITORS
Amounts falling due within one year 8 (50,470 ) (60,178 )
NET CURRENT LIABILITIES (45,437 ) (54,916 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,420

)

(21,200

)

CREDITORS
Amounts falling due after more than one
year

9

(500

)

(2,500

)
NET LIABILITIES (16,920 ) (23,700 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,020 ) (23,800 )
SHAREHOLDERS' FUNDS (16,920 ) (23,700 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

Qualitas Maintenance Limited (Registered number: 06565266)

Balance Sheet - continued
30 March 2025



The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by:





B Price-Perrins - Director


Qualitas Maintenance Limited (Registered number: 06565266)

Notes to the Financial Statements
for the Year Ended 30 March 2025

1. STATUTORY INFORMATION

Qualitas Maintenance 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These accounts have been prepared on the going concern basis as the directors intend to continue to support the company for the foreseeable future.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Customer lists are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Qualitas Maintenance Limited (Registered number: 06565266)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2025

3. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss and any subsequent reversal is recognised in the profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled. or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.



Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss and any subsequent reversal is recognised in the profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled. or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


Qualitas Maintenance Limited (Registered number: 06565266)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2025

3. ACCOUNTING POLICIES - continued
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Qualitas Maintenance Limited (Registered number: 06565266)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2025

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 31 March 2024
and 30 March 2025 20,000
AMORTISATION
At 31 March 2024 2,000
Charge for year 2,000
At 30 March 2025 4,000
NET BOOK VALUE
At 30 March 2025 16,000
At 30 March 2024 18,000

6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 31 March 2024 1,620 20,700 328 22,648
Additions 2,356 - 279 2,635
At 30 March 2025 3,976 20,700 607 25,283
DEPRECIATION
At 31 March 2024 404 6,420 108 6,932
Charge for year 994 4,140 200 5,334
At 30 March 2025 1,398 10,560 308 12,266
NET BOOK VALUE
At 30 March 2025 2,578 10,140 299 13,017
At 30 March 2024 1,216 14,280 220 15,716

Qualitas Maintenance Limited (Registered number: 06565266)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2025

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 31 March 2024 5,700
Transfer to ownership (5,700 )
At 30 March 2025 -
DEPRECIATION
At 31 March 2024 3,420
Charge for year 1,140
Transfer to ownership (4,560 )
At 30 March 2025 -
NET BOOK VALUE
At 30 March 2025 -
At 30 March 2024 2,280

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.25 30.3.24
£    £   
Trade debtors 3,564 1,873
Other debtors 1,065 2,165
4,629 4,038

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.25 30.3.24
£    £   
Bank loans and overdrafts 4,703 3,063
Hire purchase contracts - 933
Social security and other taxes 32 29
Other creditors 3,563 4,228
Directors' current accounts 39,623 50,769
Accrued expenses 2,549 1,156
50,470 60,178

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.25 30.3.24
£    £   
Bank loans - 1-2 years 500 2,000
Bank loans - 2-5 years - 500
500 2,500

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Qualitas Maintenance Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Qualitas Maintenance Limited for the year ended 30 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Qualitas Maintenance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Qualitas Maintenance Limited and state those matters that we have agreed to state to the Board of Directors of Qualitas Maintenance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Qualitas Maintenance Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Qualitas Maintenance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Qualitas Maintenance Limited. You consider that Qualitas Maintenance 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 financial statements of Qualitas Maintenance 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 financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


4 July 2025