Company Registration No. 13004142 (England and Wales)
QUALITREE LTD
Unaudited accounts
for the year ended 30 November 2024
QUALITREE LTD
Unaudited accounts
Contents
QUALITREE LTD
Company Information
for the year ended 30 November 2024
Company Number
13004142 (England and Wales)
Registered Office
78a Godstone Road
Whyteleafe
Surrey
CR3 0EB
UNITED KINGDOM
QUALITREE LTD
Statement of financial position
as at 30 November 2024
Tangible assets
12,407
10,425
Cash at bank and in hand
5,302
4,214
Creditors: amounts falling due within one year
(10,088)
(8,982)
Net current liabilities
(3,992)
(2,987)
Called up share capital
100
100
Profit and loss account
8,315
7,338
Shareholders' funds
8,415
7,438
For the year ending 30 November 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 his 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 14 July 2025 and were signed on its behalf by
Daniel Ipperciel
Director
Company Registration No. 13004142
QUALITREE LTD
Notes to the Accounts
for the year ended 30 November 2024
QUALITREE LTD is a private company, limited by shares, registered in England and Wales, registration number 13004142. The registered office is 78a Godstone Road, Whyteleafe, Surrey, CR3 0EB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis.The companies on going activities are dependent upon the continued support of the directors who has undertaken to provide such support for the forseeable future.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25 % SLB
QUALITREE LTD
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2023
11,270
3,000
14,270
At 30 November 2024
11,720
6,360
18,080
At 1 December 2023
1,595
2,250
3,845
Charge for the year
1,078
750
1,828
At 30 November 2024
2,673
3,000
5,673
At 30 November 2024
9,047
3,360
12,407
At 30 November 2023
9,675
750
10,425
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,568
7,949
Taxes and social security
(273)
(794)
Loans from directors
-
1,827
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
QUALITREE LTD
Notes to the Accounts
for the year ended 30 November 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans and advances
-
219
-
219
This loan will, be repaid into the company within nine months from the balance sheet date
9
Transactions with related parties
Mr Daniel Ipperciel is the sole director and shareholder who is holding 100% shares in the company.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).