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Company Registration No. 12988087 (England and Wales)
BQSL LIMITED Unaudited accounts for the period from 30 November 2023 to 30 November 2024
BQSL LIMITED Unaudited accounts Contents
Page
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BQSL LIMITED Company Information for the period from 30 November 2023 to 30 November 2024
Directors
Mitchell Sellman JONES, Christopher Raymond, Dr
Company Number
12988087 (England and Wales)
Accountants
MUSON&HILLS LLP LOWFIELD HOUSE BROCKET ROAD HODDESDON HERTFORDSHIRE EN11 8NZ
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BQSL LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
55,494 
3,538 
Current assets
Debtors
511 
7,493 
Cash at bank and in hand
(7,238)
5,656 
(6,727)
13,149 
Creditors: amounts falling due within one year
11,687 
(7,866)
Net current assets
4,960 
5,283 
Total assets less current liabilities
60,454 
8,821 
Creditors: amounts falling due after more than one year
(125,000)
(67,500)
Net liabilities
(64,546)
(58,679)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(64,556)
(58,689)
Shareholders' funds
(64,546)
(58,679)
For the period 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 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 29 August 2025 and were signed on its behalf by
Mitchell Sellman Director Company Registration No. 12988087
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BQSL LIMITED Notes to the Accounts for the period from 30 November 2023 to 30 November 2024
1
Statutory information
BQSL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12988087.
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.
3
Accounting policies
These financial statements for the period from 30 November 2023 to 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 30 November 2023
3,931 
Additions
53,029 
At 30 November 2024
56,960 
Amortisation
At 30 November 2023
393 
Charge for the period
1,073 
At 30 November 2024
1,466 
Net book value
At 30 November 2024
55,494 
At 30 November 2023
3,538 
Staff wages were capitalised as part of the creation of Intellectual Property
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BQSL LIMITED Notes to the Accounts for the period from 30 November 2023 to 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
511 
7,493 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
(252)
7,416 
Other creditors
(11,885)
- 
Accruals
450 
450 
(11,687)
7,866 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
125,000 
60,000 
Loans from directors
- 
7,500 
125,000 
67,500 
8
Average number of employees
During the period the average number of employees was 3 (2023: 3).
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