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Registered Number: 14881114


 

 

 

QUALIFIED SKILLS ACADEMY LTD



Abridged Accounts
 


Period of accounts

Start date: 01 June 2025

End date: 31 May 2026
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 May 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Kash Shah Accountants UK Ltd
31 May 2026



....................................................

Kash Shah Accountants UK Ltd

165 Crescent Road

Middlesbrough
TS1 4QT
25 August 2026
1
 
 
Notes
 
2026
£
  2025
£
Current assets      
Cash at bank and in hand 164   
Creditors: amount falling due within one year (7,348)   (154)
Net current assets (7,184)   (154)
 
Total assets less current liabilities (7,184)   (154)
Net assets (7,184)   (154)
 

Capital and reserves
     
Called up share capital 3 100    1 
Profit and loss account (7,284)   (155)
Shareholders' funds (7,184)   (154)
 


For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 25 August 2026 and were signed on its behalf by:


-------------------------------
Muhammad Bilal BABAR
Director
2
General Information
Qualified Skills Academy Ltd is a private company, limited by shares, registered in , registration number 14881114, registration address Hope Works, First Floor, Terrace Street, Oldham, OL4 1HG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.

Average number of employees

Average number of employees during the year was 1 (2025 : 0).
3.

Share Capital

Allotted, called up and fully paid
2026
£
  2025
£
100 Class A shares of £1.00 each 100   
100   

3