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REGISTERED NUMBER: SC213699 (Scotland)















QUALITY RENTAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025






QUALITY RENTAL LTD (REGISTERED NUMBER: SC213699)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QUALITY RENTAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2025







DIRECTORS: Mr P J Spittle
Mrs S Spittle





REGISTERED OFFICE: 41 Colvilles Place
East Kilbride
Lanarkshire
G75 0PZ





REGISTERED NUMBER: SC213699 (Scotland)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

QUALITY RENTAL LTD (REGISTERED NUMBER: SC213699)

BALANCE SHEET
30 JUNE 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 47,605 68,214

CURRENT ASSETS
Stocks - 173
Debtors 5 12,854 15,078
Cash at bank and in hand 692 482
13,546 15,733
CREDITORS
Amounts falling due within one year 6 (35,597 ) (28,132 )
NET CURRENT LIABILITIES (22,051 ) (12,399 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,554

55,815

CREDITORS
Amounts falling due after more than one
year

7

(5,913

)

(19,078

)

PROVISIONS FOR LIABILITIES (9,045 ) (12,961 )
NET ASSETS 10,596 23,776

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings (19,404 ) (6,224 )
SHAREHOLDERS' FUNDS 10,596 23,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

QUALITY RENTAL LTD (REGISTERED NUMBER: SC213699)

BALANCE SHEET - continued
30 JUNE 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:





Mr P J Spittle - Director


QUALITY RENTAL LTD (REGISTERED NUMBER: SC213699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025

1. STATUTORY INFORMATION

Quality Rental Ltd is a private company, limited by shares , registered in Scotland. 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 33% on cost
Computer equipment - 33% on reducing balance

Software - not depreciated

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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Leasehold Motor Plant and Computer
improvements vehicles machinery equipment Totals
£    £    £    £    £   
COST
At 1 July 2024 25,409 13,309 3,007 197,547 239,272
Additions - - - 3,173 3,173
At 30 June 2025 25,409 13,309 3,007 200,720 242,445
DEPRECIATION
At 1 July 2024 25,409 11,929 3,007 130,713 171,058
Charge for year - 680 - 23,102 23,782
At 30 June 2025 25,409 12,609 3,007 153,815 194,840
NET BOOK VALUE
At 30 June 2025 - 700 - 46,905 47,605
At 30 June 2024 - 1,380 - 66,834 68,214

QUALITY RENTAL LTD (REGISTERED NUMBER: SC213699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 8,361 11,982
Sundry debtors 3,366 2,733
Prepayments 891 363
Directors' current accounts 236 -
12,854 15,078

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans 13,499 18,000
Trade creditors 1,614 330
Corporation Tax (13 ) (13 )
Social security and other taxes 8,500 1,875
VAT 10,947 6,323
Directors' current accounts - 417
Accrued expenses 1,050 1,200
35,597 28,132

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other loans - 2-5 years 5,913 19,078