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Registered number: 11222219
Quality London Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11222219
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 33,833 47,833
Tangible Assets 5 353,678 178,783
Investments 6 169,000 169,000
556,511 395,616
CURRENT ASSETS
Stocks 7 19,584 25,764
Debtors 8 345,334 334,541
Cash at bank and in hand 166,198 269,096
531,116 629,401
Creditors: Amounts Falling Due Within One Year 9 (513,866 ) (478,341 )
NET CURRENT ASSETS (LIABILITIES) 17,250 151,060
TOTAL ASSETS LESS CURRENT LIABILITIES 573,761 546,676
NET ASSETS 573,761 546,676
CAPITAL AND RESERVES
Called up share capital 10 10,000 10,000
Profit and Loss Account 563,761 536,676
SHAREHOLDERS' FUNDS 573,761 546,676
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Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Emanuela Antonelli
Director
08/09/2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Quality London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11222219 . The registered office is 7,Northumberland Avenue, London, England, WC2N 5BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset is goodwill It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Renovation & Refurbishment 10% SLM
Plant & Machinery 10% SLM
Computer Equipment 20% SLM
Fixtures & Fittings 10% SLM
Office Equipment 10% SLM
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 48 (2024: 52)
48 52
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 140,000
As at 31 December 2025 140,000
Amortisation
As at 1 January 2025 92,167
Provided during the period 14,000
As at 31 December 2025 106,167
Net Book Value
As at 31 December 2025 33,833
As at 1 January 2025 47,833
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5. Tangible Assets
Land & Property
Renovation & Refurbishment Plant & Machinery Computer Equipment Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 - 197,417 8,014 224,026
Additions 210,025 - 6,014 -
As at 31 December 2025 210,025 197,417 14,028 224,026
Depreciation
As at 1 January 2025 - 125,250 8,014 133,021
Provided during the period 7,228 19,742 602 22,402
As at 31 December 2025 7,228 144,992 8,616 155,423
Net Book Value
As at 31 December 2025 202,797 52,425 5,412 68,603
As at 1 January 2025 - 72,167 - 91,005
Office Equipment Total
£ £
Cost
As at 1 January 2025 39,274 468,731
Additions 13,198 229,237
As at 31 December 2025 52,472 697,968
Depreciation
As at 1 January 2025 23,663 289,948
Provided during the period 4,368 54,342
As at 31 December 2025 28,031 344,290
Net Book Value
As at 31 December 2025 24,441 353,678
As at 1 January 2025 15,611 178,783
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6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 169,000
As at 31 December 2025 169,000
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 169,000
As at 1 January 2025 169,000
Investment comprises of investment in European consulting amounting to £169,000.
7. Stocks
2025 2024
£ £
Stock 19,584 25,764
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,652 15,924
Prepayments and accrued income 48,265 45,258
Rent Deposit 100,000 100,000
Loan - Quality SRL 3,139 80,093
Loan - Anni Cinquanta SRL 83,266 83,266
Loan - Caracciolo srl 85,133 -
Corporation tax recoverable assets 79 -
Net wages 4,800 -
Amounts owed by group undertakings - 10,000
345,334 334,541
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9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 213,519 175,384
Bank loans and overdrafts 12,231 22,446
Corporation tax - 55,845
Other taxes and social security 34,647 30,121
VAT 151,000 184,413
Net wages - 2,459
Other creditors 568 313
Shareholder loan 40,000 -
Pension payable 6,390 3,531
Accruals and deferred income 55,511 3,829
513,866 478,341
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
11. Related Party Transactions
The ultimate parent company is Quality SRL. a company incorporated in Italy.
During the year company has outstanding loan from the Quality SRL is £3,139 (2024 : £80,093) same included in note
no.8
12. Ultimate Controlling Party
The company's controlling party is I&C Consulting Ltd by virtue of his ownership of shares – More than 25% but not more than 50% of the issued share capital in the company.


The company's controlling party is Ludo Professional Services Limited by virtue of his ownership of shares – More than 25% but not more than 50% of the issued share capital in the company.
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