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| Quality Educational Solutions and Training Limited | | Company No. 11731496 |
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| Notes to the accounts |
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| 1 Statutory information |
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| The company is a private company, limited by shares and is registered in England and Wales. The address of the registered office is Sandfields Business Centre - Office 12, Purcell Avenue Industrial Estate, Port Talbot, SA12 7PT. |
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| 2 Accounting policies |
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| 2.1 Turnover |
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| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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. |
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| 2.2 Tangible fixed assets |
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| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.
Depreciation is provided to write down the cost of tangible fixed assets, on a straight line basis, to their residual values over their estimated useful lives as follows:
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| Plant and machinery | | 20% Straight line |
| Motor vehicles | | 20% Straight line |
| Fixtures and fittings | | 20% Straight line |
| Computers | | 20% Straight line |
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| 2.3 Stocks and work in progress |
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| Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. |
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| 3 Average number of employees |
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| The average number of employees during the year was: 2 (2024: 2). |
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