REGISTERED NUMBER: 11897394 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

QUALITY PEOPLE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B J Le Tissier

REGISTERED OFFICE:

Flat 6

Rodmell Place

Rodmell Road

Tunbridge Wells

Kent

TN2 5SR

REGISTERED NUMBER:

11897394 (England and Wales)

ACCOUNTANTS:

Numis Limited

1st Floor Pentagon House

Wealden Ind Estate

Farningham Road

Crowborough

East Sussex

TN6 2JR

FIXED ASSETS

Tangible assets

4

697

1,187

CURRENT ASSETS

Debtors

5

36,398

56,290

Cash at bank

259,786

279,356

296,184

335,646

CREDITORS

Amounts falling due within one year

6

47,296

83,279

NET CURRENT ASSETS

248,888

252,367

TOTAL ASSETS LESS CURRENT LIABILITIES

249,585

253,554

PROVISIONS FOR LIABILITIES

7

132

279

NET ASSETS

249,453

253,275

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

249,452

253,274

SHAREHOLDERS' FUNDS

249,453

253,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 15 September 2025 and were signed by:

B J Le Tissier - Director

1.	STATUTORY INFORMATION

Quality People Ltd 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.

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

-

33% on cost

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,181

1,552

2,733

DEPRECIATION

At 1 April 2024

394

1,152

1,546

Charge for year

390

100

490

At 31 March 2025

784

1,252

2,036

NET BOOK VALUE

At 31 March 2025

397

300

697

At 31 March 2024

787

400

1,187

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

36,398

56,208

Tax

-

82

36,398

56,290

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

29,703

28,263

Tax

9,632

35,098

VAT

4,451

18,717

Directors' current accounts

2,110

176

Accrued expenses

1,400

1,025

47,296

83,279

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

132

279

Deferred

tax

£

Balance at 1 April 2024

279

Accelerated capital allowances

(147

)

Balance at 31 March 2025

132

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

B J Le Tissier

Balance outstanding at start of year

(176

)

(2,775

)

Amounts advanced

(42,200

)

(41,500

)

Amounts repaid

40,266

44,099

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,110

)

(176

)

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £42,200 (2024 - £41,500) were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The controlling party is B J Le Tissier.