Company registration number 03962189 (England and Wales)
THE QUITE REMARKABLE CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE QUITE REMARKABLE CO LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
THE QUITE REMARKABLE CO LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
1,046
(540)
Cash at bank and in hand
20,863
4,314
21,909
3,774
Creditors: amounts falling due within one year
(4,366)
(909)
Net current assets
17,543
2,865
Capital and reserves
Called up share capital
3
100
100
Profit and loss reserves
17,443
2,765
Total equity
17,543
2,865
For the financial year ended 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 of its financial statements 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 financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 12 December 2025 and are signed on its behalf by:
Mr R J Sharp
Director
Company registration number 03962189 (England and Wales)
THE QUITE REMARKABLE CO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
The Quite Remarkable Co Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Cleeve Road, Gotherington, Cheltenham, Gloucestershire, United Kingdom, GL52 9EW.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The company is reliant on the ongoing support of the directors, both in not withdrawing their current accounts and in continuing their financial support, to enable it to continue to operate as a going concern. The directors have agreed not to withdraw their current accounts to the detriment of other unsecured creditors and therefore have prepared the financial statements on the basis that the company is a going concern.true
1.3
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Income is recognised on receipt.
1.4
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
2
2
3
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
THE QUITE REMARKABLE CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
4
Related party transactions
R J Sharp
Director and shareholder
Mr Sharp has advanced money for working capital on an unsecured, interest-free basis. Although the advance is technically repayable on demand, no terms of repayment have been agreed and Mr Sharp has agreed not to withdraw his funding to the detriment of other unsecured creditors. The balance outstanding at the year-end is £173 (2024: £173).
TQR Recruitment Co Ltd
A company in which Mr Sharp is a director and shareholder
During the year the company paid rent of £10,750 (2024: £15,400) and recharged overheads of £11,500 (2024: £11,500) to TQR Recruitment Co Ltd and at the year end the company was owed £1.046 creditor (2024: £540 ) from the related party. These transactions were on an arms length basis. The advance is unsecured, interest-free and repayable on demand.