1 January 2024 false No description of principal activity Taxfiler 2024.6 10693492business:PrivateLimitedCompanyLtd2024-01-012024-12-31 106934922023-12-31 106934922024-01-012024-12-31 10693492business:AuditExemptWithAccountantsReport2024-01-012024-12-31 10693492business:FilletedAccounts2024-01-012024-12-31 106934922024-12-31 10693492business:Director12024-01-012024-12-31 10693492business:Director22024-01-012024-12-31 10693492business:RegisteredOffice2024-01-012024-12-31 106934922023-12-31 10693492core:WithinOneYear2024-12-31 10693492core:WithinOneYear2023-12-31 10693492core:AfterOneYear2024-12-31 10693492core:AfterOneYear2023-12-31 10693492core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10693492core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10693492core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10693492core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10693492core:PreviouslyStatedAmount2024-12-31 10693492core:PreviouslyStatedAmount2023-12-31 10693492business:SmallEntities2024-01-012024-12-31 10693492countries:EnglandWales2024-01-012024-12-31 10693492core:PlantMachinery2023-12-31 10693492core:MotorVehicles2023-12-31 10693492core:FurnitureFittings2023-12-31 10693492core:PlantMachinery2024-01-012024-12-31 10693492core:MotorVehicles2024-01-012024-12-31 10693492core:FurnitureFittings2024-01-012024-12-31 10693492core:PlantMachinery2024-12-31 10693492core:MotorVehicles2024-12-31 10693492core:FurnitureFittings2024-12-31 106934922023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10693492 (England and Wales)
QCD PRECISION LIMITED Unaudited accounts for the year ended 31 December 2024
QCD PRECISION LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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QCD PRECISION LIMITED Company Information for the year ended 31 December 2024
Directors
ALAN STEPHENSON JACQUELINE STEPHENSON
Company Number
10693492 (England and Wales)
Registered Office
29 GRASMERE WAY BLYTH RIVERSIDE BUSINESS PARK BLYTH NE24 4RR ENGLAND
Accountants
GHB MORTON HOUSE DURHAM DH4 6QA
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QCD PRECISION LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
465,070 
349,074 
Current assets
Inventories
25,505 
2,365 
Debtors
5
172,453 
147,775 
Cash at bank and in hand
46,726 
1 
244,684 
150,141 
Creditors: amounts falling due within one year
6
(146,082)
(160,568)
Net current assets/(liabilities)
98,602 
(10,427)
Total assets less current liabilities
563,672 
338,647 
Creditors: amounts falling due after more than one year
7
(117,979)
(70,051)
Net assets
445,693 
268,596 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
445,593 
268,496 
Shareholders' funds
445,693 
268,596 
For the year ending 31 December 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 22 September 2025 and were signed on its behalf by
ALAN STEPHENSON Director Company Registration No. 10693492
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QCD PRECISION LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
QCD PRECISION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10693492. The registered office is 29 GRASMERE WAY, BLYTH RIVERSIDE BUSINESS PARK, BLYTH, NE24 4RR, ENGLAND.
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
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.
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.
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
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
385,824 
2,000 
16,955 
404,779 
Additions
58,004 
59,242 
- 
117,246 
Disposals
- 
(2,000)
- 
(2,000)
At 31 December 2024
443,828 
59,242 
16,955 
520,025 
Depreciation
At 1 January 2024
53,899 
750 
1,056 
55,705 
On disposals
- 
(750)
- 
(750)
At 31 December 2024
53,899 
- 
1,056 
54,955 
Net book value
At 31 December 2024
389,929 
59,242 
15,899 
465,070 
At 31 December 2023
331,925 
1,250 
15,899 
349,074 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,150 
- 
Trade debtors
170,303 
147,775 
172,453 
147,775 
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QCD PRECISION LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,389 
10,674 
VAT
- 
15,438 
Obligations under finance leases and hire purchase contracts
43,030 
23,999 
Trade creditors
89,357 
98,627 
Taxes and social security
6,306 
9,801 
Loans from directors
1,000 
- 
Accruals
- 
2,029 
146,082 
160,568 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,611 
7,780 
Obligations under finance leases and hire purchase contracts
116,368 
62,271 
117,979 
70,051 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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