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REGISTERED NUMBER: 05227934 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

QUALITY MAINTENANCE SUPPLIES LTD

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 8 |

QUALITY MAINTENANCE SUPPLIES LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | D J Chandler

| B Simms

| REGISTERED OFFICE: | Unit 6

| Radfords Field

| Maesbury Road

| Oswestry

| Shropshire

| SY10 8RA

| REGISTERED NUMBER: | 05227934 (England and Wales)

| ACCOUNTANTS: | D.R.E. & Co. Limited

| Chartered Accountants

| 7 Lower Brook Street

| Oswestry

| Shropshire

| SY11 2HG

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 16,277 |  | 17,681 |  |

CURRENT ASSETS

Stocks | 68,519 |  | 73,012 |  |

Debtors | 6 | 159,795 |  | 162,214 |  |

Cash at bank and in hand | 20,584 |  | 8,828 |  |

248,898 |  | 244,054 |  |

CREDITORS

Amounts falling due within one year | 7 | 226,276 |  | 247,400 |  |

NET CURRENT ASSETS/(LIABILITIES) | 22,622 |  | (3,346 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 38,899 |  | 14,335 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (37,592 | ) | - |  |

PROVISIONS FOR LIABILITIES | (2,094 | ) | - |  |

NET (LIABILITIES)/ASSETS | (787 | ) | 14,335 |  |

CAPITAL AND RESERVES

Called up share capital | 102 |  | 6 |  |

Retained earnings | (889 | ) | 14,329 |  |

(787 | ) | 14,335 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

BALANCE SHEET - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

D J Chandler - Director

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Quality Maintenance Supplies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| The presentation currency is sterling (£) rounded to the nearest £1.

| The financial statements are for the individual entity only.

| At the balance sheet date the company had net liabilities of £787 (2023: net assets of £14,335). The directors have reviewed the company's post year-end activity and believe the going concern basis of preparation remains appropriate.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Plant and machinery - 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs, and then subsequently measured at amortised cost. Financial assets classified as receivable within one year are not amortised. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the assets has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Basic financial liabilities, including creditors and loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going concern

| The financial statements have been prepared on a going concern basis as the directors are of the opinion that the Company will be able to pay its liabilities as and when they fall due.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 6 ) .

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 12,064 |  | 58,951 |  | 71,015 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 53,334 |  | 53,334 |  |

| Charge for year | - |  | 1,404 |  | 1,404 |  |

| At 31 March 2025 | - |  | 54,738 |  | 54,738 |  |

| NET BOOK VALUE

| At 31 March 2025 | 12,064 |  | 4,213 |  | 16,277 |  |

| At 31 March 2024 | 12,064 |  | 5,617 |  | 17,681 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 131,452 |  | 162,214 |  |

| Other debtors | 28,343 |  | - |  |

159,795 |  | 162,214 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 51,464 |  | 23,580 |  |

| Trade creditors | 128,885 |  | 216,923 |  |

| Taxation and social security | 23,332 |  | 6,897 |  |

| Other creditors | 22,595 |  | - |  |

226,276 |  | 247,400 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 37,592 |  | - |  |

QUALITY MAINTENANCE SUPPLIES LTD (REGISTERED NUMBER: 05227934)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Within one year | 10,000 |  | 10,000 |  |

| Between one and five years | 1,667 |  | 11,667 |  |

11,667 |  | 21,667 |  |

10. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £47,985 were paid to the directors .

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

QUALITY MAINTENANCE SUPPLIES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quality Maintenance Supplies Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quality Maintenance Supplies Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quality Maintenance Supplies Ltd and state those matters that we have agreed to state to the Board of Directors of Quality Maintenance Supplies Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quality Maintenance Supplies Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quality Maintenance Supplies Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quality Maintenance Supplies Ltd. You consider that Quality Maintenance Supplies Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quality Maintenance Supplies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D.R.E. & Co. Limited

Chartered Accountants

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

10 September 2025