Company Registration No. 12458111 (England and Wales)
Quality Accountants (NW) Limited
Unaudited accounts
for the year ended 31 March 2025
Quality Accountants (NW) Limited
Unaudited accounts
Contents
Quality Accountants (NW) Limited
Company Information
for the year ended 31 March 2025
Directors
Sharon Collins
Jillian Slobom
Company Number
12458111 (England and Wales)
Registered Office
HEWITT HOUSE
WINSTANLEY ROAD
BILLINGE
LANCASHIRE
WN5 7XA
ENGLAND
Quality Accountants (NW) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,246
1,243
Cash at bank and in hand
40,409
43,704
Creditors: amounts falling due within one year
(59,802)
(66,790)
Net current assets
760
4,573
Total assets less current liabilities
2,006
5,816
Creditors: amounts falling due after more than one year
(981)
(5,098)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
689
382
Shareholders' funds
789
482
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by
Jillian Slobom
Director
Company Registration No. 12458111
Quality Accountants (NW) Limited
Notes to the Accounts
for the year ended 31 March 2025
Quality Accountants (NW) Limited is a private company, limited by shares, registered in England and Wales, registration number 12458111. The registered office is HEWITT HOUSE, WINSTANLEY ROAD, BILLINGE, LANCASHIRE, WN5 7XA, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Computer equipment
Quality Accountants (NW) Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
16,925
26,020
Accrued income and prepayments
3,228
1,639
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,094
3,800
Taxes and social security
7,697
8,407
Other creditors
2,272
3,809
Loans from directors
34,518
39,071
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Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).