2024-04-01 2025-03-31 09664773 PROCESS QA SERVICES LIMITED false 09664773 2024-04-01 2025-03-31 09664773 uk-bus:Director1 2024-04-01 2025-03-31 09664773 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09664773 uk-bus:SmallEntities 2024-04-01 2025-03-31 09664773 uk-bus:FullAccounts 2024-04-01 2025-03-31 09664773 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09664773 2024-04-01 09664773 2025-03-31 09664773 2024-03-31 xbrli:pure iso4217:GBP 09664773 2023-04-01 2024-03-31

Company Registration Number : 09664773 (England and Wales)
09664773
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-03-31
false
PROCESS QA SERVICES LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-04-01
PROCESS QA SERVICES LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS For the year ended 31 March 2025

PROCESS QA SERVICES LIMITED Contents For the year ended 31 March 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

PROCESS QA SERVICES LIMITED Company Information For the year ended 31 March 2025

Company registration number |  | 09664773 (England and Wales)
Director |  | Gary Edwards
Registered office address |  | Suite A
|  | 82 James Carter Road
|  | Mildenhall
|  | Suffolk
|  | IP28 7DE
Accountant |  | SRW Accountants Limited
|  | Suite A, 82 James Carter Road
|  | Mildenhall
|  | Suffolk
|  | IP27 8DE

PROCESS QA SERVICES LIMITED Statement of Financial Position For the year ended 31 March 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 16,242 |  | 19,807
| 6 |  | 16,242 |  | 19,807
Current assets |  |  |  |  |
Debtors |  |  | 111,111 |  | 73,791
Cash and cash equivalents |  |  | 204 |  | 1,893
|  |  | 111,315 |  | 75,684
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (153,905) |  | (137,192)
|  |  | (153,905) |  | (137,192)
Net current (liabilities)/assets |  |  | (42,590) |  | (61,508)
Total assets less current liabilities |  |  | (26,348) |  | (41,701)
Net (liabilities)/assets |  |  | (26,348) |  | (41,701)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Retained earnings |  |  | (26,349) |  | (41,702)
Shareholder's funds |  |  | (26,348) |  | (41,701)
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 22 July 2025
.............................
Gary Edwards (Director)
Company registration number: 09664773

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-03-31 31 March 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 16,242 |  | 19,807
Current Assets |  |  |  | 111,315 |  | 55,184
Cash in Hand/Bank |  |  |  | 204 |  | 1,893
Prepayments and accrued income |  |  |  | 0 |  | 20,500
Creditors: amounts falling due within one year |  |  |  | (153,905) |  | (137,192)
Net current assets/(liabilities) |  |  |  | (42,590) |  | (61,508)
Total assets less current liabilities |  |  |  | (26,348) |  | (41,701)
Net Assets/(liabilities) |  |  |  | (26,348) |  | (41,701)
Capital and Reserves |  |  |  | (26,348) |  | (41,701)
Called up share capital |  |  |  | 1 |  | 1
Profit and loss account |  |  |  | (26,349) |  | (41,702)
SHAREHOLDER'S FUND |  |  |  | (26,348) |  | (41,701)
For the year ending 31/03/2025 the company was entitled to exemption 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. For the year ending 31-03-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 22 July 2025 2025-07-22 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Gary Edwards |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 09664773 |  |  |  |  |  |  |  |  |  |

PROCESS QA SERVICES LIMITED Notes to the Financial Statements For the year ended 31 March 2025

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Suite A, 82 James Carter Road, Mildenhall, Suffolk, IP28 7DE.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings |
Plant and Machinery | 18% reducing balance
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings | 18% reducing balance
Equipment |
Motor Cars |
(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.
(5) Employees
During the year, the average number of employees including director was 1 (2024 : 1).
(6) Fixed assets
| Tangible £
Cost |
As at 01 April 2024 | 120,387
As at 31 March 2025 | 120,387
Depreciation/Amortisation |
As at 01 April 2024 | 104,928
For the year | (783)
As at 31 March 2025 | 104,145
Net book value |
As at 31 March 2025 | 16,242
As at 31 March 2024 | 15,459