REGISTERED NUMBER: 13324307 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Quest Group Companies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Theakston

A Jackson

REGISTERED OFFICE:

4-8 Maxted Park

Maxted Road

Hemel Hempstead

Hertfordshire

HP2 7EP

REGISTERED NUMBER:

13324307 (England and Wales)

ACCOUNTANTS:

Pace Accountants

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

FIXED ASSETS

Tangible assets

4

356,868

390,985

Investments

5

200

200

357,068

391,185

CURRENT ASSETS

Debtors

6

104,534

43,172

Cash at bank

363,563

404,794

468,097

447,966

CREDITORS

Amounts falling due within one year

7

294,937

307,178

NET CURRENT ASSETS

173,160

140,788

TOTAL ASSETS LESS CURRENT LIABILITIES

530,228

531,973

CREDITORS

Amounts falling due after more than one year

8

(64,981

)

(152,539

)

PROVISIONS FOR LIABILITIES

(71,409

)

(4,092

)

NET ASSETS

393,838

375,342

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

393,738

375,242

393,838

375,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 3 November 2025 and were signed on its behalf by:

J Theakston - Director

1.	STATUTORY INFORMATION

Quest Group Companies 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.	ACCOUNTING POLICIES

Basis of preparing the 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 May 2024

437,011

Additions

10,650

At 30 April 2025

447,661

DEPRECIATION

At 1 May 2024

46,026

Charge for year

44,767

At 30 April 2025

90,793

NET BOOK VALUE

At 30 April 2025

356,868

At 30 April 2024

390,985

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 May 2024

278,485

Additions

10,650

Reclassification/transfer

22,189

At 30 April 2025

311,324

DEPRECIATION

At 1 May 2024

14,241

Charge for year

31,132

Reclassification/transfer

740

At 30 April 2025

46,113

NET BOOK VALUE

At 30 April 2025

265,211

At 30 April 2024

264,244

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

200

NET BOOK VALUE

At 30 April 2025

200

At 30 April 2024

200

6.

DEBTORS

30.4.25

30.4.24

£

£

Amounts falling due within one year:

Trade debtors

47,808

2,272

Other debtors

15,826

-

63,634

2,272

Amounts falling due after more than one year:

Amounts owed by group undertakings

40,900

40,900

Aggregate amounts

104,534

43,172

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

87,557

90,698

Trade creditors

5,669

-

Amounts owed to group undertakings

201,711

186,711

Taxation and social security

-

4,769

Other creditors

-

25,000

294,937

307,178

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

64,981

152,539

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

A Jackson

Balance outstanding at start of year

-

-

Amounts advanced

15,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,000

-

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £181,800 were paid to the directors .

Aggregated transactions with related parties during the year amounted to £139,680.

The balance owed by the company at the year end amounted to £113,003.

Amounts owed to the company by directors at the year end amounted to £15,000.