REGISTERED NUMBER: SC717056 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GLOBAL QUALITY PROJECTS LTD

Page

Company Information

1

Balance Sheet

2

to

3

DIRECTORS:

Mrs R J Dunn

K D Dunn

REGISTERED OFFICE:

32 Beechcroft Gardens

Insch

AB52 6WF

REGISTERED NUMBER:

SC717056 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

51-53 High Street

Turriff

AB53 4EJ

FIXED ASSETS

543

775

CURRENT ASSETS

84,111

79,770

CREDITORS

Amounts falling due within one year

(43,063

)

(33,448

)

NET CURRENT ASSETS

41,048

46,322

TOTAL ASSETS LESS CURRENT LIABILITIES

41,591

47,097

CAPITAL AND RESERVES

41,591

47,097

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

K D Dunn and Mrs R J Dunn

Balance outstanding at start of year

(93

)

(74

)

Amounts advanced

1,679

6,478

Amounts repaid

(12,096

)

(6,497

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,510

)

(93

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

K D Dunn - Director