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REGISTERED NUMBER: 03044763 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

QTD LIMITED

QTD LIMITED (REGISTERED NUMBER: 03044763)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QTD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Mrs S Sidey
Mr C J Sidey





SECRETARY: Mrs S Sidey





REGISTERED OFFICE: 280 Nine Mile Ride
Finchampstead
Berkshire
RG40 3NT





REGISTERED NUMBER: 03044763 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

QTD LIMITED (REGISTERED NUMBER: 03044763)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 239,302 78,278

CURRENT ASSETS
Stocks 143,213 69,728
Debtors 5 53,397 25,564
Cash at bank 40,588 26,358
237,198 121,650
CREDITORS
Amounts falling due within one
year

6

290,983

595,900
NET CURRENT LIABILITIES (53,785 ) (474,250 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,517

(395,972

)

CREDITORS
Amounts falling due after more
than one year

7

(367,126

)

(35,369

)

PROVISIONS FOR LIABILITIES (34,880 ) (2,582 )
NET LIABILITIES (216,489 ) (433,923 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 178,514 -
Retained earnings (395,103 ) (434,023 )
(216,489 ) (433,923 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

QTD LIMITED (REGISTERED NUMBER: 03044763)

BALANCE SHEET - continued
31ST DECEMBER 2024


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.

The financial statements were approved by the Board of Directors and authorised for issue on 7th August 2025 and were signed on its behalf by:




Mrs S Sidey - Director



Mr C J Sidey - Director


QTD LIMITED (REGISTERED NUMBER: 03044763)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

QTD 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis on the assumption that the company will continue to trade for the foreseeable future, even though it had net current liabilities of £53,785 (2023 - £474,250) as at the balance sheet date.

The directors consider the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 10 ) .

QTD LIMITED (REGISTERED NUMBER: 03044763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1st January 2024 138,146 46,558 65,185 8,733 258,622
Revaluations 112,659 - 65,828 - 178,487
At 31st December
2024

250,805

46,558

131,013

8,733

437,109
DEPRECIATION
At 1st January 2024 96,223 25,480 52,823 5,818 180,344
Charge for year 10,481 3,162 3,091 729 17,463
At 31st December
2024

106,704

28,642

55,914

6,547

197,807
NET BOOK VALUE
At 31st December
2024

144,101

17,916

75,099

2,186

239,302
At 31st December
2023

41,923

21,078

12,362

2,915

78,278

Cost or valuation at 31st December 2024 is represented by:

Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Valuation in 2024 250,805 46,558 131,013 8,733 437,109

If Fixed assets had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 258,622 258,622

Fixed assets were valued on a market value basis on 31st December 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 50,804 22,971
Other debtors 2,593 2,593
53,397 25,564

QTD LIMITED (REGISTERED NUMBER: 03044763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 141,996 126,574
Hire purchase contracts - 14,342
Trade creditors 11,228 75,586
Corporation tax 249 29
Social security and other taxes 11,892 8,551
Pension payable 1,055 39
VAT 66,489 75,952
Credit card balances 225 20,144
Directors' current accounts 57,849 274,683
290,983 595,900

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 167,126 35,369
Directors loan account 200,000 -
367,126 35,369

8. RELATED PARTY DISCLOSURES

The directors' current account balances within current liabilities of £57,849 (2023 - £274,683) and non current liabilities of £200,000 (2023 - £0) have no fixed date for repayment, are repayable on demand and are non-interest bearing.