REGISTERED NUMBER: OC423171 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

QC MANAGEMENT SERVICES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J A D Taylor

N E Taylor FCA

Ms A Prudence

Ms D J Hammoudeh

J Cole

L Trotter

Ms E J Goodman

REGISTERED OFFICE:

30-34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

OC423171 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

20,090

32,366

Investments

5

347

-

20,437

32,366

CURRENT ASSETS

Debtors

6

345,070

18,178

Cash at bank

4,455

1,346

349,525

19,524

CREDITORS

Amounts falling due within one year

7

(212,394

)

(14,991

)

NET CURRENT ASSETS

137,131

4,533

TOTAL ASSETS LESS CURRENT LIABILITIES

157,568

36,899

CREDITORS

Amounts falling due after more than one year

8

(2,796

)

(36,899

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

154,772

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

154,772

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

154,772

-

Amounts due from members

6

(53,725

)

(13,322

)

101,047

(13,322

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 28 December 2025 and were signed by:

J A D Taylor - Designated member

1.	STATUTORY INFORMATION

QC Management Services LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

74,475

Disposals

(13,318

)

At 31 March 2025

61,157

DEPRECIATION

At 1 April 2024

42,109

Charge for year

6,696

Eliminated on disposal

(7,738

)

At 31 March 2025

41,067

NET BOOK VALUE

At 31 March 2025

20,090

At 31 March 2024

32,366

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

20

Revaluations

327

At 31 March 2025

347

NET BOOK VALUE

At 31 March 2025

347

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

219,296

646

Other debtors

125,774

17,532

345,070

18,178

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,978

2,904

Hire purchase contracts

31,125

6,826

Trade creditors

38,282

-

Taxation and social security

19,288

441

Other creditors

120,721

4,820

212,394

14,991

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,796

5,774

Hire purchase contracts

-

31,125

2,796

36,899

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

154,772

-

Falling due within one year

154,772

-

Amounts shown as due as loans and other debts due to members rank pari pasu in relation to other creditors in the event of a winding up.