REGISTERED NUMBER: 04147502 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

QUALITY BUILDING EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D F Jennings

A L Jennings

SECRETARY:

A L Jennings

REGISTERED OFFICE:

Cheribourne House

45A Station Road

Willington

Bedford

Bedfordshire

MK44 3QL

REGISTERED NUMBER:

04147502 (England and Wales)

ACCOUNTANTS:

Baker Noel

Cheribourne House

45A Station Road

Willington

Bedford

Bedfordshire

MK44 3QL

FIXED ASSETS

Tangible assets

4

48,623

65,670

CURRENT ASSETS

Stocks

288,518

234,883

Debtors

5

962,119

938,927

Cash at bank and in hand

109,472

118,637

1,360,109

1,292,447

CREDITORS

Amounts falling due within one year

6

790,557

734,812

NET CURRENT ASSETS

569,552

557,635

TOTAL ASSETS LESS CURRENT LIABILITIES

618,175

623,305

PROVISIONS FOR LIABILITIES

10,444

12,467

NET ASSETS

607,731

610,838

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

607,631

610,738

SHAREHOLDERS' FUNDS

607,731

610,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

D F Jennings - Director

1.	STATUTORY INFORMATION

Quality Building Equipment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and hire of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

51,732

15,135

172,220

239,087

Disposals

(15,516

)

(949

)

-

(16,465

)

At 31 January 2026

36,216

14,186

172,220

222,622

DEPRECIATION

At 1 February 2025

47,763

11,686

113,968

173,417

Charge for year

884

856

14,563

16,303

Eliminated on disposal

(14,797

)

(924

)

-

(15,721

)

At 31 January 2026

33,850

11,618

128,531

173,999

NET BOOK VALUE

At 31 January 2026

2,366

2,568

43,689

48,623

At 31 January 2025

3,969

3,449

58,252

65,670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

956,649

923,739

Other debtors

5,470

15,188

962,119

938,927

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

-

56,274

Trade creditors

663,080

581,150

Taxation and social security

31,243

11,948

Other creditors

96,234

85,440

790,557

734,812

7.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.