Quality Instruments Ltd - Filleted accounts

Registered number

16828365

Quality Instruments Ltd

Filleted Accounts

31 March 2026

Quality Instruments Ltd
Registered number:		16828365
Balance Sheet
as at 31 March 2026

Notes			2026
£
Fixed assets
Tangible assets	3		499

Current assets
Debtors	4	41,271
Cash at bank and in hand		45,410
		86,681

Creditors: amounts falling due within one year	5	(42,670)

Net current assets			44,011

Net assets			44,510

Capital and reserves
Called up share capital			100
Profit and loss account			44,410

Shareholders' funds			44,510

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.




Mr G Robson
Director
Approved by the board on 29 April 2026

Quality Instruments Ltd
Notes to the Accounts
for the period from 3 November 2025 to 31 March 2026


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.

	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	2026
Number

	Average number of persons employed by the company	1


3	Tangible fixed assets
			Plant and machinery etc
£
	Cost
	Additions		499
	At 31 March 2026		499

	Depreciation
	At 31 March 2026		-

	Net book value
	At 31 March 2026		499


4	Debtors	2026
£

	Trade debtors	41,271


5	Creditors: amounts falling due within one year	2026
£

	Trade creditors	9,854
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	(379)
	Taxation and social security costs	28,799
	Other creditors	4,396
		42,670


6	Other information

	Quality Instruments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 6 Blaydon Trade Park
	Toll Bridge Road
	Blaydon-On-Tyne
	Tyne & Wear
	NE21 5TR