REGISTERED NUMBER: 03883345 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Q-Style Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Gardner

A D Gardner

T C Parkinson

B DeSantis

REGISTERED OFFICE:

34 High Park Road

Richmond

Surrey

TW9 4BH

REGISTERED NUMBER:

03883345 (England and Wales)

ACCOUNTANTS:

SKS Business Services Limited

3 Sheen Road

Richmond upon Thames

Richmond

Surrey

TW9 1AD

Fixed assets

Intangible assets

3

-

-

Tangible assets

4

27,716

42,788

27,716

42,788

Current assets

Stocks

406,985

5,663

Debtors

5

1,530,748

1,741,164

Cash at bank and in hand

1,116,564

1,395,401

3,054,297

3,142,228

Creditors

Amounts falling due within one year

6

(1,179,773

)

(1,149,981

)

Net current assets

1,874,524

1,992,247

Total assets less current liabilities

1,902,240

2,035,035

Provisions for liabilities

-

(9,601

)

Net assets

1,902,240

2,025,434

Capital and reserves

Called up share capital

2

2

Retained earnings

1,902,238

2,025,432

1,902,240

2,025,434

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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

T C Parkinson - Director

1.	ACCOUNTING POLICIES

BASIS OF PREPARATION

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Intangible fixed assets

Intangible fixed assets are measured at cost less amortisation and any impairment losses.

Tangible fixed assets

Tangible fixed assets are measured at cost less depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Property improvements over 5 years

Fittings & fixtures over 4 years

Office equipment over 4 years

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised

Debtors

Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Leased assets

Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 30 ) .

3.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 May 2024

and 30 April 2025

4,845

AMORTISATION

At 1 May 2024

and 30 April 2025

4,845

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

Office

buildings

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

213,614

217,187

249,003

679,804

Additions

-

-

8,356

8,356

At 30 April 2025

213,614

217,187

257,359

688,160

DEPRECIATION

At 1 May 2024

202,593

205,256

229,167

637,016

Charge for year

3,674

7,352

12,402

23,428

At 30 April 2025

206,267

212,608

241,569

660,444

NET BOOK VALUE

At 30 April 2025

7,347

4,579

15,790

27,716

At 30 April 2024

11,021

11,931

19,836

42,788

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,435,776

1,552,196

Other debtors

94,972

188,968

1,530,748

1,741,164

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

907,998

883,142

Taxation and social security

18,322

5,538

Other creditors

253,453

261,301

1,179,773

1,149,981

7.	RELATED PARTY DISCLOSURES

During the year an entity controlled by a director charged the company professional fees of

£30,000 (2024: £33,300). Amounts due to the entity at the year end is £3,000 (2024: £3,360).

Amounts due to directors at the year end total £243,939 (2024: £237,460).

8.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by A D Gardner and A M Gardner.