Quick Sand Creations Ltd Company accounts

COMPANY REGISTRATION NUMBER: 13100779

Quick Sand Creations Ltd

Unaudited Financial Statements

31 December 2024

Quick Sand Creations Ltd

Financial Statements

Year ended 31 December 2024

Contents	Page

Directors' report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	5

Quick Sand Creations Ltd

Directors' Report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .

Directors

The directors who served the company during the year were as follows:

Mr R Sandhu
Mrs M Sandhu

Employment of disabled persons

The company gives full and fair consideration to applications for employment by disabled persons. In the event of employees becoming disabled whilst in service of the company, every effort is made to continue their employment by transfer to alternative duties, if required and by provision of such re-training as is appropriate.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 23 September 2025 and signed on behalf of the board by:

Mr R Sandhu

Director

Registered office:

C/O The Accounting Centre Limited

First Floor, 736 High Road

North Finchley

London

N12 9QD

Quick Sand Creations Ltd

Statement of Income and Retained Earnings

Year ended 31 December 2024

	2024	2023
Note	£	£
Turnover	21,008,075	8,195,958

Cost of sales	7,104,127	2,910,660
	-------------	------------
Gross profit	13,903,948	5,285,298

Distribution costs	1,329,831	332,745
Administrative expenses	12,251,207	4,701,947
	-------------	------------
Operating profit	322,910	250,606

Interest payable and similar expenses		81,554	66,553
		-------------	------------
Profit before taxation	6	241,356	184,053

Tax on profit	–	–
	---------	---------
Profit for the financial year and total comprehensive income	241,356	184,053
	---------	---------

Dividends paid and payable	( 120,000)	( 102,585)

Retained earnings at the start of the year	89,517	8,049
	---------	---------
Retained earnings at the end of the year	210,873	89,517
	---------	---------

All the activities of the company are from continuing operations.

Quick Sand Creations Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Intangible assets	7	786,954	831,975
Tangible assets	8	1,711,447	949,752
		------------	------------
		2,498,401	1,781,727

Current assets

Stocks		100,441	86,631
Debtors	9	86,709	47,547
Cash at bank and in hand		1,529,095	1,495,868
		------------	------------
		1,716,245	1,630,046

Creditors: amounts falling due within one year	10	2,679,294	2,347,124
		------------	------------
Net current liabilities		963,049	717,078
		------------	------------
Total assets less current liabilities		1,535,352	1,064,649

Creditors: amounts falling due after more than one year	11	1,324,379	975,032
		------------	------------
Net assets		210,973	89,617
		------------	------------

Capital and reserves

Called up share capital	12	100	100
Profit and loss account		210,873	89,517
		---------	--------
Shareholders funds		210,973	89,617
		---------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Quick Sand Creations Ltd

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

Mr R Sandhu	Mrs M Sandhu
Director	Director

Company registration number: 13100779

Quick Sand Creations Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O The Accounting Centre Limited, First Floor, 736 High Road, North Finchley, London, N12 9QD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	Over 20 Years
Franchise Fee	-	Over 20 Years
Franchise Rights	-	Over 20 Years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	Over 7 Years
Fixtures and fittings	-	Over 7 Years
Equipment	-	Over 4 Years

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Amounts not paid are shown as a creditor on the balance sheet. The assets of the scheme are held separately from the company in independently administered funds.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 454 (2023: 505 ).

5. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2024	2023
	£	£
Remuneration	13,650	–
	--------	----

6. Profit before taxation

Profit before taxation is stated after charging:

	2024	2023
	£	£
Amortisation of intangible assets	45,021	28,548
Depreciation of tangible assets	289,282	198,669
	---------	---------

7. Intangible assets

	Goodwill	Franchisee Fee	Franchise Rights	Investments	Total
	£	£	£	£	£
Cost
At 1 January 2024 and 31 December 2024	514,943	30,000	355,470	5,000	905,413
	---------	--------	---------	-------	---------
Amortisation
At 1 January 2024	68,102	144	5,192	–	73,438
Charge for the year	25,747	1,500	17,774	–	45,021
	---------	--------	---------	-------	---------
At 31 December 2024	93,849	1,644	22,966	–	118,459
	---------	--------	---------	-------	---------
Carrying amount
At 31 December 2024	421,094	28,356	332,504	5,000	786,954
	---------	--------	---------	-------	---------
At 31 December 2023	446,841	29,856	350,278	5,000	831,975
	---------	--------	---------	-------	---------

8. Tangible assets

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 January 2024	1,399,401	17,039	43,539	1,459,979
Additions	1,029,069	18,727	3,181	1,050,977
	------------	--------	--------	------------
At 31 December 2024	2,428,470	35,766	46,720	2,510,956
	------------	--------	--------	------------
Depreciation
At 1 January 2024	491,895	6,554	11,778	510,227
Charge for the year	271,870	5,865	11,547	289,282
	------------	--------	--------	------------
At 31 December 2024	763,765	12,419	23,325	799,509
	------------	--------	--------	------------
Carrying amount
At 31 December 2024	1,664,705	23,347	23,395	1,711,447
	------------	--------	--------	------------
At 31 December 2023	907,506	10,485	31,761	949,752
	------------	--------	--------	------------

9. Debtors

	2024	2023
	£	£
Other debtors	86,709	47,547
	--------	--------

10. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	474,297	345,192
Trade creditors	750,405	754,980
Social security and other taxes	679,023	468,064
Other creditors	775,569	778,888
	------------	------------
	2,679,294	2,347,124
	------------	------------

11. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	1,324,379	975,032
	------------	---------

12. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

13. Directors' advances, credits and guarantees

At the end of the reporting year the company owed to its directors £429835 (£429835 in 2023). It is shown within note 'Creditors: amounts falling due within one year' and 'other creditors'.

14. Controlling party

The company was under the control of its directors for the reporting year.