QUALITAS SPORT LTD

Company Registration Number:
08244931 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

QUALITAS SPORT LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

QUALITAS SPORT LTD

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 48,966 42,142
Total fixed assets: 48,966 42,142
Current assets
Stocks: 3,525 3,225
Debtors:   94,541 122,021
Cash at bank and in hand:   844
Total current assets: 98,066 126,090
Creditors: amounts falling due within one year:   (218,389) (226,694)
Net current assets (liabilities): (120,323) (100,604)
Total assets less current liabilities: (71,357) (58,462)
Provision for liabilities:   (8,007)
Total net assets (liabilities): (71,357) (66,469)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (71,457) (66,569)
Shareholders funds: (71,357) (66,469)

The notes form part of these financial statements

QUALITAS SPORT LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 July 2025
and signed on behalf of the board by:

Name: Gavin J Bailey
Status: Director

The notes form part of these financial statements

QUALITAS SPORT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the net invoiced value of goods and services provided, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided on all tangible fixed assets estimated to write off the cost of the asset over its estimated useful life at the following rates; Fixtures, Fittings & Equipment - 15% per annum reducing balance basis.

Other accounting policies

Deferred Taxation deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is setlled or the asset is realised.

QUALITAS SPORT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 30 27

QUALITAS SPORT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 62,739
Additions 15,465
At 31 October 2024 78,204
Depreciation
At 01 November 2023 20,597
Charge for year 8,641
At 31 October 2024 29,238
Net book value
At 31 October 2024 48,966
At 31 October 2023 42,142