Company Registration No. 07926604 (England and Wales)
Mqsp Limited
Unaudited accounts
for the year ended 31 March 2025
Mqsp Limited
Unaudited accounts
Contents
Mqsp Limited
Company Information
for the year ended 31 March 2025
Directors
Abimbola Bisiriyu
Andrew Bisiriyu
Company Number
07926604 (England and Wales)
Registered Office
12
Balata way
BASINGSTOKE
Hampshire
RG24 9YP
GB
Mqsp Limited
Statement of financial position
as at 31 March 2025
Tangible assets
12,414
14,224
Cash at bank and in hand
1,731
59,793
Creditors: amounts falling due within one year
(10,379)
(43,918)
Net current (liabilities)/assets
(101)
36,616
Called up share capital
21,000
21,000
Profit and loss account
(8,687)
29,840
Shareholders' funds
12,313
50,840
For the year ending 31 March 2025 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 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 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 of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by
Andrew Bisiriyu
Director
Company Registration No. 07926604
Mqsp Limited
Notes to the Accounts
for the year ended 31 March 2025
Mqsp Limited is a private company, limited by shares, registered in England and Wales, registration number 07926604. The registered office is 12, Balata way , BASINGSTOKE, Hampshire, RG24 9YP, GB.
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.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
700
12,990
13,690
At 31 March 2025
700
14,906
15,606
At 1 April 2024
700
(1,234)
(534)
Charge for the year
-
3,726
3,726
At 31 March 2025
700
2,492
3,192
At 31 March 2025
-
12,414
12,414
At 31 March 2024
-
14,224
14,224
Amounts falling due within one year
Trade debtors
8,134
20,741
Mqsp Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
7,102
Loans from directors
10,379
32,266
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).