REGISTERED NUMBER: 07202717 (England and Wales)

TOTAL QA LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M D Bishop

REGISTERED OFFICE:

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

REGISTERED NUMBER:

07202717 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

42,283

55,023

Investments

5

1

1

Investment property

6

420,000

420,000

462,284

475,024

CURRENT ASSETS

Debtors

7

156,050

148,405

Investments

8

12,023

10,448

Cash at bank

322,343

60,630

490,416

219,483

CREDITORS

Amounts falling due within one year

9

191,921

155,631

NET CURRENT ASSETS

298,495

63,852

TOTAL ASSETS LESS CURRENT LIABILITIES

760,779

538,876

CREDITORS

Amounts falling due after more than one year

10

(28,371

)

-

PROVISIONS FOR LIABILITIES

(43,675

)

(34,320

)

NET ASSETS

688,733

504,556

CAPITAL AND RESERVES

Called up share capital

75

75

Capital redemption reserve

25

25

Retained earnings

688,633

504,456

SHAREHOLDERS' FUNDS

688,733

504,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 December 2025 and were signed by:

M D Bishop - Director

1.	STATUTORY INFORMATION

Total QA Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from consultancy services is recognised on a time-spent basis, which reflects the proportion of consultancy work completed during the reporting period. This method is applied when consultancy services are delivered over time and invoiced based on hours or days worked, either at agreed hourly or daily rates.

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.

Short leasehold

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Short

Motor

Computer

leasehold

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

7,045

97,990

7,577

112,612

Additions

-

51,761

3,354

55,115

Disposals

-

(97,990

)

-

(97,990

)

At 31 March 2025

7,045

51,761

10,931

69,737

DEPRECIATION

At 1 April 2024

6,233

45,166

6,190

57,589

Charge for year

120

12,940

1,971

15,031

Eliminated on disposal

-

(45,166

)

-

(45,166

)

At 31 March 2025

6,353

12,940

8,161

27,454

NET BOOK VALUE

At 31 March 2025

692

38,821

2,770

42,283

At 31 March 2024

812

52,824

1,387

55,023

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

Motor

vehicles

£

COST

At 1 April 2024

97,990

Additions

51,761

Disposals

(97,990

)

At 31 March 2025

51,761

DEPRECIATION

At 1 April 2024

45,166

Charge for year

12,940

Eliminated on disposal

(45,166

)

At 31 March 2025

12,940

NET BOOK VALUE

At 31 March 2025

38,821

At 31 March 2024

52,824

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

If Fixed asset investments had not been revalued they would have been included as the historical cost of £100,000 (2021 - £100,000).

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

420,000

NET BOOK VALUE

At 31 March 2025

420,000

At 31 March 2024

420,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

152,290

Cost

267,710

420,000

Investment property has been recognised at fair value using the directors valuation at the balance sheet date.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

156,050

148,405

8.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Investments

12,023

10,448

Current asset investments have been recognised at fair value using the market value at balance sheet date.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

7,381

28,440

Trade creditors

-

18,050

Taxation and social security

180,865

102,745

Other creditors

3,675

6,396

191,921

155,631

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

28,371

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Hire purchase contracts

35,752

28,440

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

M D Bishop

Balance outstanding at start of year

-

29,739

Amounts repaid

-

(29,739

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-