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Registration number: 04487891

Q & A Motoring Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2024

Q & A Motoring Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Q & A Motoring Limited

Company Information

Director | H Amir

Company secretary | Q Amir

Registered office | 176-178 Mansell Road Greenford Middlesex UB6 9EH

Accountants | Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Q & A Motoring Limited

(Registration number: 04487891)
Balance Sheet as at 31 August 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 75,791 | 69,234
Current assets |  |  |
Debtors | 5 | 364,085 | 350,525
Cash at bank and in hand |  | 36,131 | 24,406
|  | 400,216 | 374,931
Creditors: Amounts falling due within one year | 6 | (172,517) | (165,602)
Net current assets |  | 227,699 | 209,329
Total assets less current liabilities |  | 303,490 | 278,563
Creditors: Amounts falling due after more than one year | 6 | (62,354) | (34,525)
Net assets |  | 241,136 | 244,038
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 241,036 | 243,938
Shareholders' funds |  | 241,136 | 244,038

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2025

......................................... H Amir Director

Q & A Motoring Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
176-178 Mansell Road
Greenford
Middlesex
UB6 9EH

These financial statements were authorised for issue by the director on 31 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Government grants

Government grants are recognised under the accrual model of grant recognition. This model requires the grant to be classified as either a revenue-based grant or a capital-based grant.
Government grants are recognised in profit or loss on a systematic basis over the periods in which the entity recognises expenses for the related costs for which the grants are intended to compensate.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Q & A Motoring Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 25% straight line basis
Motor vehicles | 25% straight line basis
Leasehold improvements | Over the life of the asset

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Q & A Motoring Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2023 - 4).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2023 | 25,725 | 17,800 | 175,339 | 218,864
Additions | - | 1,174 | 65,800 | 66,974
Disposals | - | (4,832) | (29,323) | (34,155)
At 31 August 2024 | 25,725 | 14,142 | 211,816 | 251,683
Depreciation
At 1 September 2023 | 20,829 | 14,797 | 114,004 | 149,630
Charge for the year | 1,225 | 1,313 | 40,375 | 42,913
Eliminated on disposal | - | (3,750) | (12,901) | (16,651)
At 31 August 2024 | 22,054 | 12,360 | 141,478 | 175,892
Carrying amount
At 31 August 2024 | 3,671 | 1,782 | 70,338 | 75,791
At 31 August 2023 | 4,896 | 3,003 | 61,335 | 69,234

Included within the net book value of land and buildings above is £3,671 (2023 - £4,896) in respect of long leasehold land and buildings.

Q & A Motoring Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

5 | Debtors

| 2024 £ | 2023 £
Trade debtors | 363,108 | 346,917
Other debtors | 977 | 3,608
| 364,085 | 350,525

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 7 | 22,021 | 5,682
Trade creditors |  | 87 | 87
Taxation and social security |  | 88,795 | 77,892
Accruals and deferred income |  | 1,000 | 1,000
Other creditors |  | 60,614 | 80,941
|  | 172,517 | 165,602

Creditors: amounts falling due after more than one year

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 7 | 62,354 | 34,525

Q & A Motoring Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

7 | Loans and borrowings

| 2024 £ | 2023 £
Non-current loans and borrowings
Bank borrowings | 28,417 | 34,525
Hire purchase contracts | 33,937 | -
| 62,354 | 34,525

| 2024 £ | 2023 £
Current loans and borrowings
Bank borrowings | 5,833 | 5,682
Hire purchase contracts | 16,188 | -
| 22,021 | 5,682