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Registered Number: 13908153
England and Wales
QUICK CHANGE LTD
Abridged Accounts
Period of accounts Start date: 01 March 2024 End date: 28 February 2025

Quick Change Ltd Contents Page For the year ended 28 February 2025
Statement of financial position | 1

Quick Change Ltd Statement of Financial Position As at 28 February 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 39,555 |  |  | 36,901
Current assets |  | 16,437 |  |  | 61,223 |
Prepayments and accrued income |  | 0 |  |  | 2,329 |
Creditors: amount falling due within one year |  | (25,485) |  |  | (35,700) |
Net current assets |  |  | (9,048) |  |  | 27,852
Total assets less current liabilities |  |  | 30,507 |  |  | 64,753
Creditors: amount falling due after more than one year |  |  | (56,197) |  |  | (92,947)
Net assets |  |  | (25,690) |  |  | (28,194)
Capital and reserves |  |  | (25,690) |  |  | (28,194)
NOTES TO THE ACCOUNTS General Information Quick Change Ltd is a private company, limited by shares, registered in England and Wales, registration number 13908153, registration address 605 HIGH ROAD, FINCHLEY LONDON, N12 0DY. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Goodwill Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery | 18% Reducing Balance
2. | Tangible fixed assets
Cost or valuation | Plant and Machinery |  | Total
| £ |  | £
At 01 March 2024 | 12,820 |  | 12,820
Additions | 4,546 |  | 4,546
Disposals | - |  | -
At 28 February 2025 | 17,366 |  | 17,366
Depreciation
At 01 March 2024 | 2,308 |  | 2,308
Charge for year | 1,892 |  | 1,892
On disposals | - |  | -
At 28 February 2025 | 4,200 |  | 4,200
Net book values
Closing balance as at 28 February 2025 | 13,166 |  | 13,166
Opening balance as at 01 March 2024 | 10,512 |  | 10,512
3. | Average number of employees Average number of employees during the year was 4 (2024 : 4).
For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' 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. The directors acknowledge their responsibilities 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 micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the board of directors on 10 November 2025 and were signed on its behalf by:
-------------------------------- Abdulla Khodabakhsh Director
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