REGISTERED NUMBER: SC524090 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

The Quality Atlas Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs H A C Jaffrey

REGISTERED OFFICE:

35 Correen Way

Alford

Aberdeenshire

AB33 8FA

REGISTERED NUMBER:

SC524090 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

2,314

1,503

CURRENT ASSETS

Debtors

5

27,806

32,842

Cash at bank

10,483

5,036

38,289

37,878

CREDITORS

Amounts falling due within one year

6

38,697

33,900

NET CURRENT (LIABILITIES)/ASSETS

(408

)

3,978

TOTAL ASSETS LESS CURRENT LIABILITIES

1,906

5,481

CREDITORS

Amounts falling due after more than one year

7

(265

)

(106

)

PROVISIONS FOR LIABILITIES

(549

)

(346

)

NET ASSETS

1,092

5,029

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

992

4,929

SHAREHOLDERS' FUNDS

1,092

5,029

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

Mrs H A C Jaffrey - Director

1.	STATUTORY INFORMATION

The Quality Atlas Ltd is a private company, limited by shares , registered in Scotland. 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

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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

1,564

6,607

8,171

Additions

-

2,205

2,205

Disposals

-

(761

)

(761

)

At 31 January 2026

1,564

8,051

9,615

DEPRECIATION

At 1 February 2025

1,448

5,220

6,668

Charge for year

116

1,024

1,140

Eliminated on disposal

-

(507

)

(507

)

At 31 January 2026

1,564

5,737

7,301

NET BOOK VALUE

At 31 January 2026

-

2,314

2,314

At 31 January 2025

116

1,387

1,503

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

3,680

17,340

Other debtors

24,126

15,502

27,806

32,842

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

-

206

Taxation and social security

36,645

31,716

Other creditors

2,052

1,978

38,697

33,900

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Other creditors

265

106

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mrs H A C Jaffrey

Balance outstanding at start of year

11,468

11,594

Amounts advanced

10,448

834

Amounts repaid

(1,824

)

(960

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,092

11,468

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs H A C Jaffrey.