Company Registration No. 7762984 (England and Wales)
QUIITS CONSULTING LIMITED
Unaudited accounts
for the year ended 31 August 2025
QUIITS CONSULTING LIMITED
Unaudited accounts
Contents
QUIITS CONSULTING LIMITED
Company Information
for the year ended 31 August 2025
Directors
Shammy Rahim
Lali Jamal
Company Number
7762984 (England and Wales)
Registered Office
OFFICE 3, SNETTERTON BUSINESS HUB HARLIN
SNETTERTON
NORWICH
NR16 2JU
ENGLAND
QUIITS CONSULTING LIMITED
Statement of financial position
as at 31 August 2025
Tangible assets
44,801
56,001
Cash at bank and in hand
17,240
14,630
Creditors: amounts falling due within one year
(33,040)
(29,117)
Net current liabilities
(15,800)
(14,487)
Total assets less current liabilities
29,001
41,514
Creditors: amounts falling due after more than one year
-
(20,887)
Profit and loss account
28,999
20,625
Shareholders' funds
29,001
20,627
For the year ending 31 August 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 28 April 2026 and were signed on its behalf by
Shammy Rahim
Director
Company Registration No. 7762984
QUIITS CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 August 2025
QUIITS CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7762984. The registered office is OFFICE 3, SNETTERTON BUSINESS HUB HARLIN, SNETTERTON, NORWICH, NR16 2JU, ENGLAND.
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.
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:
Computer equipment
Include cost of product development
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
7,003
5,630
85,400
98,033
At 31 August 2025
7,003
5,630
85,400
98,033
At 1 September 2024
5,999
5,289
30,744
42,032
Charge for the year
195
74
10,931
11,200
At 31 August 2025
6,194
5,363
41,675
53,232
At 31 August 2025
809
267
43,725
44,801
At 31 August 2024
1,004
341
54,656
56,001
QUIITS CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 August 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
47,123
3,656
Other creditors
10,000
10,000
Loans from directors
(25,269)
15,903
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).