03050516falsethe manufacture and distribution of road safety equipment2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03050516

QUAZAR INTERNATIONAL LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

QUAZAR INTERNATIONAL LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Mr J Wilson
Mrs N Wilson
SECRETARY
Mr A Brooks
REGISTERED OFFICE
Unit 1C Deacon Trading Estate
Forstal Road
Aylesford
Kent
ME20 7SP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03050516
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

QUAZAR INTERNATIONAL LIMITED

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets233,80472,402
CURRENT ASSETS
Stock482,108495,250
Debtors41,208,4321,056,789
Cash at bank and in hand341,262462,124
2,031,8022,014,163
CREDITORS: Amounts falling due within one year5174,286184,037
NET CURRENT ASSETS1,857,5161,830,126
TOTAL ASSETS LESS CURRENT LIABILITIES1,891,3201,902,528
CAPITAL AND RESERVES
Called up share capital7100100
Capital redemption reserve84141
Profit and loss account1,891,1791,902,387
SHAREHOLDERS' FUNDS1,891,3201,902,528
For the year ending 31/12/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/08/2025 and signed on their behalf by
.............................
Mr J Wilson
Director

QUAZAR INTERNATIONAL LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

QUAZAR INTERNATIONAL LIMITED

2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsMotor CarsTotal
£££££
Cost
At 01/01/202421,135260,893157,451145,440584,919
Disposals-(7,500)--(7,500)
At 31/12/202421,135253,393157,451145,440577,419
Depreciation
At 01/01/202421,135251,935157,45181,996512,517
Disposals-(7,500)--(7,500)
For the year-2,239-36,35938,598
At 31/12/202421,135246,674157,451118,355543,615
Net Book Amounts
At 31/12/2024-6,719-27,08533,804
At 31/12/2023-8,958-63,44472,402
3. STOCK 20242023
££
Stock comprises:
Stock raw materials482,108495,250
482,108495,250
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors263,050230,455
Other debtors756,250750,885
Prepayments189,13275,449
1,208,4321,056,789

QUAZAR INTERNATIONAL LIMITED

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax8,87630,119
VAT12,16110,499
PAYE control18,3866,943
Trade creditors89,38587,219
Accruals45,47849,257
174,286184,037
6. EMPLOYEES
20242023
No.No.
Average number of employees2023
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. OTHER RESERVES 20242023
££
Capital redemption reserve4141
4141