QDS GROUP LTD - Filleted accounts

Registered number

10045272

QDS GROUP LTD

Filleted Accounts

31 March 2025

QDS GROUP LTD
Registered number:		10045272
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		108,438			126,578

Current assets
Stocks		25,120			35,920
Debtors	4	751,593			387,800
Cash at bank and in hand		1,324,783			277,706
		2,101,496			701,426

Creditors: amounts falling due within one year	5	(1,117,133)			(201,051)

Net current assets			984,363			500,375

Total assets less current liabilities			1,092,801			626,953

Creditors: amounts falling due after more than one year	6		(12,124)			(22,857)



Net assets			1,080,677			604,096

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,080,577			603,996

Shareholders' funds			1,080,677			604,096

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Marios Matheou
Director
Approved by the board on 19 December 2025

QDS GROUP LTD
Notes to the Accounts
for the year ended 31 March 2025

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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative 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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 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 (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

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


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			9		8


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	23,696		164,855		188,551
	Additions	997		-		997
	At 31 March 2025	24,693		164,855		189,548

	Depreciation
	At 1 April 2024	14,956		47,017		61,973
	Charge for the year	1,461		17,676		19,137
	At 31 March 2025	16,417		64,693		81,110

	Net book value
	At 31 March 2025	8,276		100,162		108,438
	At 31 March 2024	8,740		117,838		126,578


4	Debtors			2025		2024
£					£

	Trade debtors			333,266		149,285
	Other debtors			418,327		238,515
				751,593		387,800


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			33,425		46,618
	Trade creditors			917,168		96,767
	Other taxes and social security costs			166,540		57,666
				1,117,133		201,051


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			12,124		22,857


7	Other information
	QDS GROUP LTD is a private company limited by shares and incorporated in England. Its registered office is:
	35 Grafton Way
	London
	W1T 5DB