Quality Systems Management Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02781324

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		789,000		764,000
Investments	6		236,818		242,800

			1,025,818		1,006,800
CURRENT ASSETS
Debtors	7	5,273		5,212
Cash at bank and in hand		70,815		97,105

		76,088		102,317
Creditors: Amounts Falling Due Within One Year	8	(1,799 )		(1,799 )

NET CURRENT ASSETS (LIABILITIES)			74,289		100,518

TOTAL ASSETS LESS CURRENT LIABILITIES			1,100,107		1,107,318

Creditors: Amounts Falling Due After More Than One Year	9		(304,090 )		(304,090 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	11		(131,470 )		(125,220 )

NET ASSETS			664,547		678,008

CAPITAL AND RESERVES
Called up share capital	12		1,000		1,000
Other reserves			394,410		375,660
Profit and Loss Account			269,137		301,348

SHAREHOLDERS' FUNDS			664,547		678,008

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Quality Systems Management 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 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.

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 John Anderson

Director

10/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Quality Systems Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02781324 . The registered office is 20 Nash Park, Foxley Fields, Binfield, Bracknell, Berkshire, RG42 4EN.

2. Accounting Policies

2.1. Basis of Preparation of 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 as modified by the revaluation of certain assets.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on cost

2.4. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair

value is recognised in profit or loss.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

2.6. Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

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Quality Systems Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	64	4,062	4,126

As at 31 March 2025	64	4,062	4,126

Depreciation
As at 1 April 2024	64	4,062	4,126

As at 31 March 2025	64	4,062	4,126

Net Book Value
As at 31 March 2025	-	-	-

As at 1 April 2024	-	-	-

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	764,000
Revaluations	25,000

As at 31 March 2025	789,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	-	263,119

6. Investments

	Subsidiaries	Listed	Total
	£	£	£
Cost
As at 1 April 2024	1	242,799	242,800
Additions	-	39,836	39,836
Disposals	-	(45,179 )	(45,179 )
Revaluations	-	(639 )	(639 )

As at 31 March 2025	1	236,817	236,818

Provision
As at 1 April 2024	-	-	-

As at 31 March 2025	-	-	-

Net Book Value
As at 31 March 2025	1	236,817	236,818

As at 1 April 2024	1	242,799	242,800

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Quality Systems Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	5,273	5,212

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,799	1,799

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	304,090	304,090

10. Secured Creditors

Of the creditors the following amounts are secured by fixed and floating charges over the investment property.

	2025		2024
	£		£
Bank loans and overdrafts	304,090		304,090

11. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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.

	2025	2024
	£	£
Other timing differences	131,470	125,220

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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