Company Registration No. 04422077 (England and Wales)
Quickshine Limited
Unaudited accounts
for the year ended 31 March 2025
Quickshine Limited
Unaudited accounts
Contents
Quickshine Limited
Company Information
for the year ended 31 March 2025
Directors
C R Gold
H M Gold
Company Number
04422077 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Quickshine Limited
Statement of financial position
as at 31 March 2025
Tangible assets
12,471
15,589
Inventories
385,455
447,567
Cash at bank and in hand
899
1,225
Creditors: amounts falling due within one year
(454,890)
(621,739)
Net current assets
19,930
51,123
Total assets less current liabilities
32,401
66,712
Creditors: amounts falling due after more than one year
-
(18,750)
Provisions for liabilities
Deferred tax
(2,370)
(2,962)
Called up share capital
30,000
30,000
Profit and loss account
31
15,000
Shareholders' funds
30,031
45,000
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by
H M Gold
Director
Company Registration No. 04422077
Quickshine Limited
Notes to the Accounts
for the year ended 31 March 2025
Quickshine Limited is a private company, limited by shares, registered in England and Wales, registration number 04422077. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Quickshine Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
105,805
30,564
136,369
At 31 March 2025
105,805
30,564
136,369
At 1 April 2024
91,634
29,146
120,780
Charge for the year
2,835
283
3,118
At 31 March 2025
94,469
29,429
123,898
At 31 March 2025
11,336
1,135
12,471
At 31 March 2024
14,171
1,418
15,589
Finished goods
385,455
447,567
Amounts falling due within one year
Trade debtors
69,809
224,070
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
20,391
75,017
Trade creditors
60,995
90,624
Taxes and social security
37,940
44,812
Other creditors
299,702
266,526
Loans from directors
34,782
87,926
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).