Qualis Construction Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NI669320

		31 January 2026		31 January 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		118,346		76,922

			118,346		76,922
CURRENT ASSETS
Stocks	5	46,379		46,379
Debtors	6	299,679		322,414
Cash at bank and in hand		71,530		146,755

		417,588		515,548
Creditors: Amounts Falling Due Within One Year	7	(325,790 )		(541,319 )

NET CURRENT ASSETS (LIABILITIES)			91,798		(25,771 )

TOTAL ASSETS LESS CURRENT LIABILITIES			210,144		51,151

Creditors: Amounts Falling Due After More Than One Year	8		(27,460 )		-

NET ASSETS			182,684		51,151

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			182,584		51,051

SHAREHOLDERS' FUNDS			182,684		51,151

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Qualis Construction Services Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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 directors acknowledge their 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

Mr David Moneypenny

Director

31/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Qualis Construction Services Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI669320 . The registered office is Unit 4A Channel Wharf, 21 Old Channel Road, Belfast, County Antrim, BT3 9DE.

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. Turnover

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.

2.3. 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:

Plant & Machinery	25% and 10% Straight Line
Motor Vehicles	25% Reducing Balance
Computer Equipment	25% Straight Line

2.4. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.

Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

2.5. 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 2)

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Qualis Construction Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	73,909	58,792	11,590	144,291
Additions	82,088	16,785	669	99,542
Disposals	(63,523 )	(13,800 )	(1,797 )	(79,120 )

As at 31 January 2026	92,474	61,777	10,462	164,713

Depreciation
As at 1 February 2025	32,295	29,556	5,518	67,369
Provided during the period	2,138	13,857	1,873	17,868
Disposals	(28,317 )	(9,074 )	(1,479 )	(38,870 )

As at 31 January 2026	6,116	34,339	5,912	46,367

Net Book Value
As at 31 January 2026	86,358	27,438	4,550	118,346

As at 1 February 2025	41,614	29,236	6,072	76,922

5. Stocks

	31 January 2026	31 January 2025
	£	£
Work in progress	46,379	46,379

6. Debtors

	31 January 2026	31 January 2025
	£	£
Due within one year
Trade debtors	149,193	306,850
Amounts owed by group undertakings	138,016	-
Other debtors	12,470	15,564

	299,679	322,414

7. Creditors: Amounts Falling Due Within One Year

	31 January 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	5,676	6,600
Trade creditors	121,177	217,347
Amounts owed to group undertakings	-	116,077
Other creditors	31,340	8,907
Taxation and social security	167,597	192,388

	325,790	541,319

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Qualis Construction Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	27,460	-

9. Obligations Under Finance Leases and Hire Purchase

	31 January 2026	31 January 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	5,676	6,600
Later than one year and not later than five years	27,460	-

	33,136	6,600

	33,136	6,600

10. Related Party Transactions

Qualis Construction Services Limited have claimed the exemption under FRS102A

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