Qoob Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13202578

QOOB LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

QOOB LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Intangible assets	5	213,773	245,026
Tangible assets	6	44,365	5,000
		---------	---------
		258,138	250,026

CURRENT ASSETS

Debtors	7	173,125	205,562
Cash at bank and in hand		43,049	72,735
		---------	---------
		216,174	278,297

CREDITORS: amounts falling due within one year	8	187,141		407,343
		---------		---------
NET CURRENT ASSETS/(LIABILITIES)			29,033		( 129,046)
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			287,171		120,980

CREDITORS: amounts falling due after more than one year	9		269,613		110,294

PROVISIONS	11,091	–
	---------	---------
NET ASSETS	6,467	10,686
	---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	10	10
Profit and loss account	6,457	10,676
	-------	--------
SHAREHOLDERS FUNDS	6,467	10,686
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

QOOB LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 5 October 2026 , and are signed on behalf of the board by:

Mr M L Rigby-White

Director

Company registration number: 13202578

QOOB LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ground Floor Unit 1, Swallow Court, Kettering Parkway, Kettering, NN15 6XX.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is a functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	8 Years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 13 (2025: 14 ).

5. INTANGIBLE ASSETS

	Goodwill	Domain	Total
	£	£	£
Cost
At 1 April 2025	280,030	–	280,030
Additions	–	3,751	3,751
	---------	-------	---------
At 31 March 2026	280,030	3,751	283,781
	---------	-------	---------
Amortisation
At 1 April 2025	35,004	–	35,004
Charge for the year	35,004	–	35,004
	---------	-------	---------
At 31 March 2026	70,008	–	70,008
	---------	-------	---------
Carrying amount
At 31 March 2026	210,022	3,751	213,773
	---------	-------	---------
At 31 March 2025	245,026	–	245,026
	---------	-------	---------

6. TANGIBLE ASSETS

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2025	5,000	–	5,000
Additions	752	47,101	47,853
	-------	--------	--------
At 31 March 2026	5,752	47,101	52,853
	-------	--------	--------
Depreciation
At 1 April 2025	–	–	–
Charge for the year	1,063	7,425	8,488
	-------	--------	--------
At 31 March 2026	1,063	7,425	8,488
	-------	--------	--------
Carrying amount
At 31 March 2026	4,689	39,676	44,365
	-------	--------	--------
At 31 March 2025	5,000	–	5,000
	-------	--------	--------

7. DEBTORS

	2026	2025
	£	£
Trade debtors	102,130	87,832
Other debtors	70,995	117,730
	---------	---------
	173,125	205,562
	---------	---------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	42,708	19,388
Trade creditors	13,694	14,235
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	221,003
Corporation tax	30,715	36,824
Social security and other taxes	49,712	70,251
Other creditors	50,312	45,642
	---------	---------
	187,141	407,343
	---------	---------

9. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	242,462	110,294
Other creditors	27,151	–
	---------	---------
	269,613	110,294
	---------	---------

10. RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption available under FRS 102 not to disclose any transactions with other companies within a 100% owned group. During the year the company has charged management fees to associated companies totalling £1,000 (2025 - £163,672). At the year end the company owed £nil (2025 - £221,003) to associated companies in relation to loans. The company was also owed £47,943 (2025 - £43,120) by companies in which a Director has an interest.