Quality First Care Services Ltd Accounts






Quality First Care Services Ltd

	Company No. 11242404
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was social work activities without accommodation for the elderly and disabled.




Directors

The Directors who served at any time during the year were as follows:

R.A. Nwokobia
R.F. Nwokobia








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

R.F. Nwokobia
Director
30 December 2025

at	31 March 2025
Company No.		11242404	Notes	2025	2024
				£	£
Fixed assets
	Intangible assets		4	61,222	69,968
	Tangible assets		5	5,852	26,105


				67,074	96,073
Current assets

	Debtors		6	16,234	18,015

	Cash at bank and in hand			16,859	8,438
				33,093	26,453
Creditors: Amount falling due within one year			7	(56,433)	(79,332)
Net current liabilities				(23,340)	(52,879)
Total assets less current liabilities				43,734	43,194
Creditors: Amounts falling due after more than one year			8	(20,000)	(34,583)



Net assets				23,734	8,611

Capital and reserves
	Called up share capital			120	120



	Profit and loss account		10	23,614	8,491

Total equity				23,734	8,611



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the 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 in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 December 2025 and signed on its behalf by:
R.F. Nwokobia
Director
30 December 2025

for the year ended 31 March 2025

General information

Quality First Care Services Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 11242404

Its registered office is:

Office15 Consett Innovation

Genesis Way

Consett

Durham

DH8 5XP

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

25% Straight Line

Furniture, fittings and equipment

25% Straight Line

Goodwill is amortised over 10 years using 10% straight line method.

Taxation

Income tax expense represents the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	50	36

4	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 April 2024	87,460	87,460


		At 31 March 2025	87,460	87,460
		Amortisation and impairment
		At 1 April 2024	17,492	17,492
		Charge for the year	8,746	8,746


		At 31 March 2025	26,238	26,238
		Net book values
		At 31 March 2025	61,222	61,222
		At 31 March 2024	69,968	69,968

5	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 April 2024	28,945	3,724	32,669
		Additions	-	5,794	5,794


		Disposals	(27,195)	-	(27,195)
		At 31 March 2025	1,750	9,518	11,268
		Depreciation
		At 1 April 2024	4,841	1,723	6,564
		Charge for the year	438	2,380	2,818


		Disposals	(3,966)	-	(3,966)
		At 31 March 2025	1,313	4,103	5,416
		Net book values
		At 31 March 2025	437	5,415	5,852
		At 31 March 2024	24,104	2,001	26,105

6	Debtors
			2025	2024
			£	£
		Trade debtors	9,894	13,015
		Amounts owed by group undertakings	6,000	5,000




		Other debtors	340	-

			16,234	18,015

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



		Obligations under finance lease and hire purchase contracts	-	23,183


		Taxes and social security	15,250	18,733
		Loans from directors	38,474	35,636
		Other creditors	2,709	1,780

			56,433	79,332

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£


		Other loans	-	14,583


		Amounts owed to group undertakings	20,000	20,000


			20,000	34,583

Share Capital

100 Ordinary Shares of £1.00 each and 20 B Ordinary Shares of £1.00 each, were called up and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	27,410	20,000

			27,410	20,000

		Dividends by type:

		Equity dividends	27,410	20,000
			27,410	20,000