Q&T Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10439979

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		316,595		316,595

			316,595		316,595
CURRENT ASSETS
Debtors	5	33		20
Cash at bank and in hand		1,796		1,796

		1,829		1,816
Creditors: Amounts Falling Due Within One Year	6	(320,548 )		(319,730 )

NET CURRENT ASSETS (LIABILITIES)			(318,719 )		(317,914 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,124 )		(1,319 )

NET LIABILITIES			(2,124 )		(1,319 )

CAPITAL AND RESERVES
Called up share capital	7		9		9
Capital redemption reserve			11		11
Profit and Loss Account			(2,144 )		(1,339 )

SHAREHOLDERS' FUNDS			(2,124)		(1,319)

Page 1

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Q&T Limited

Balance Sheet (continued)

As At 31 March 2025

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 director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ian Charles Thomson

Director

12/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Q&T Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10439979 . The registered office is Office 10, The Watermark, 9-15 Ribbleton Lane, Preston, PR1 5EZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

After the year end the subsidiary Pacific European Timber Agency Ltd, being the shares held in Investments with a liability due to the subsidiary at the year end, went into liquidation with any distributions from yet to be confirmed.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investments

	Unlisted
	£
Cost
As at 1 April 2024	316,595

As at 31 March 2025	316,595

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	316,595

As at 1 April 2024	316,595

5. Debtors

	2025	2024
	£	£
Due within one year
Corporation tax recoverable assets	24	-
Called up share capital not paid	9	20

	33	20

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Q&T Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	473	495
Amounts owed to subsidiaries	320,075	319,235

	320,548	319,730

7. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
810 Ordinary B shares of £ 0.01 each	8	8
90 Ordinary D shares of £ 0.01 each	1	1

	9	9

8. Related Party Transactions

Entities over which the entity has contol, joint control or significant influence

Subsidiary

At the year end £320,074 (2024 - £319,235) was due to the subsidiary company, Pacific European Timber Agency Ltd.

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