1 November 2024 false No description of principal activity Taxfiler 2024.6 12087821business:PrivateLimitedCompanyLtd2024-11-012025-10-31 120878212024-10-31 120878212024-11-012025-10-31 12087821business:AuditExemptWithAccountantsReport2024-11-012025-10-31 12087821business:FilletedAccounts2024-11-012025-10-31 120878212025-10-31 12087821business:Director12024-11-012025-10-31 120878212024-10-31 12087821core:WithinOneYear2025-10-31 12087821core:WithinOneYear2024-10-31 12087821core:AfterOneYear2025-10-31 12087821core:AfterOneYear2024-10-31 12087821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-10-31 12087821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 12087821core:PreviouslyStatedAmount2025-10-31 12087821core:PreviouslyStatedAmount2024-10-31 12087821business:SmallEntities2024-11-012025-10-31 12087821countries:EnglandWales2024-11-012025-10-31 12087821core:IntangibleAssetsOtherThanGoodwill2024-10-31 12087821core:IntangibleAssetsOtherThanGoodwill2024-11-012025-10-31 12087821core:IntangibleAssetsOtherThanGoodwill2025-10-31 120878212023-11-012024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12087821 (England and Wales)
Qrb Group Ltd Unaudited accounts for the year ended 31 October 2025
Qrb Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Qrb Group Ltd Company Information for the year ended 31 October 2025
Director
Bilal Quyoum
Company Number
12087821 (England and Wales)
- 3 -
Qrb Group Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
- 
95,928 
Investment property
5
250,000 
193,464 
250,000 
289,392 
Current assets
Debtors
6
59,600 
- 
Cash at bank and in hand
358 
- 
59,958 
- 
Creditors: amounts falling due within one year
7
(101,034)
(54,369)
Net current liabilities
(41,076)
(54,369)
Total assets less current liabilities
208,924 
235,023 
Creditors: amounts falling due after more than one year
8
(31,349)
(31,349)
Net assets
177,575 
203,674 
Capital and reserves
Profit and loss account
177,575 
203,674 
Shareholders' funds
177,575 
203,674 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 10 September 2026 and were signed on its behalf by
Bilal Quyoum Director Company Registration No. 12087821
- 4 -
Qrb Group Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Qrb Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12087821.
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.
3
Accounting policies
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.
Basis of preparation
These financial statements have been prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, including Section 1A applicable to small entities, and the Companies Act 2006. These are the company's first financial statements prepared in accordance with FRS 102. The company's previous financial statements were prepared under the micro-entities regime. The date of transition to FRS 102 was 1 November 2023. The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially recognised at cost and subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise. Investment properties measured at fair value are not depreciated.
- 5 -
Qrb Group Ltd Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2024
95,928 
Revaluations
(95,928)
At 31 October 2025
- 
Amortisation
At 1 November 2024
- 
At 31 October 2025
- 
Net book value
At 31 October 2025
- 
At 31 October 2024
95,928 
5
Investment property
2025 
£ 
Fair value at 1 November 2024
193,464 
Net gain from fair value adjustments
56,536 
At 31 October 2025
250,000 
The company's investment properties comprise 23 and 25 Drake Street, Rochdale, OL16 1RX. At 31 October 2025, the directors assessed the combined fair value of the investment properties at £250,000 (2024: £193,464). The valuation was determined by the directors having regard to their knowledge of the properties, their condition and location, rental arrangements and relevant market information. The valuation was not undertaken by an independent professionally qualified valuer. There was no movement in the fair value of the investment properties during the year.
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Other debtors
59,600 
- 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
44,369 
54,369 
Amounts owed to group undertakings and other participating interests
44,888 
- 
Taxes and social security
1,242 
- 
Loans from directors
10,535 
- 
101,034 
54,369 
- 6 -
Qrb Group Ltd Notes to the Accounts for the year ended 31 October 2025
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
31,349 
31,349 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
10
Reconciliations on adoption of FRS 102
These are the company's first financial statements prepared in accordance with FRS 102. The transition date was 1 November 2023. On transition to FRS 102, the company's properties have been classified as investment properties and measured at fair value in accordance with Section 16 of FRS 102. The directors assessed the combined fair value of the investment properties at £250,000 at 1 November 2023, £250,000 at 31 October 2024 and £250,000 at 31 October 2025. The resulting transition adjustment has been recognised in opening reserves at the date of transition, together with any consequential taxation adjustments.
- 7 -