REGISTERED NUMBER: 05434349 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2026

for

Q Hay Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P A Wilkinson

REGISTERED OFFICE:

Suttons Farm

Lord Sefton Way

Great Altcar

Formby

Merseyside

L37 5AA

REGISTERED NUMBER:

05434349 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

FIXED ASSETS

Tangible assets

4

697,099

790,293

CURRENT ASSETS

Stocks

55,223

65,950

Debtors

5

141,460

215,253

Cash at bank and in hand

20,378

1,498

217,061

282,701

CREDITORS

Amounts falling due within one year

6

521,802

644,823

NET CURRENT LIABILITIES

(304,741

)

(362,122

)

TOTAL ASSETS LESS CURRENT LIABILITIES

392,358

428,171

CREDITORS

Amounts falling due after more than one year

7

307,985

270,070

NET ASSETS

84,373

158,101

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

9

84,353

158,081

SHAREHOLDERS' FUNDS

84,373

158,101

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

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

The director acknowledges his 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 director and authorised for issue on 26th May 2026 and were signed by:

Mr P A Wilkinson - Director

1.	STATUTORY INFORMATION

Q Hay 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 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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance and 15% 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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2025

and 31st March 2026

114,149

1,237,550

1,351,699

DEPRECIATION

At 1st April 2025

25,482

535,924

561,406

Charge for year

11,415

81,779

93,194

At 31st March 2026

36,897

617,703

654,600

NET BOOK VALUE

At 31st March 2026

77,252

619,847

697,099

At 31st March 2025

88,667

701,626

790,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

110,181

107,806

Other debtors

31,279

107,447

141,460

215,253

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,417

10,137

Hire purchase contracts

67,046

145,376

Trade creditors

116,565

210,186

Taxation and social security

17,748

5,967

Other creditors

316,026

273,157

521,802

644,823

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

4,663

Hire purchase contracts

252,193

265,407

Other creditors

55,792

-

307,985

270,070

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

104

89

Bank loans

4,313

14,711

Other loans

100,792

-

Hire purchase contracts

319,239

410,783

424,448

425,583

9.

RESERVES

Retained

earnings

£

At 1st April 2025

158,081

Deficit for the year

(73,728

)

At 31st March 2026

84,353

10.	RELATED PARTY DISCLOSURES

At 31 March 2026 the company owed £171,869 to the director of the company. No interest has been charged in the company in respect of the loan which is payable on demand and classified in creditors due within one year.