Company registration number 11897394 (England and Wales)
QUALITY PEOPLE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2026
PAGES FOR FILING WITH REGISTRAR
QUALITY PEOPLE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
QUALITY PEOPLE LTD (REGISTERED NUMBER: 11897394)
BALANCE SHEET
AS AT
30 SEPTEMBER 2026
30 September 2026
- 1 -
30 September 2026
31 March 2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
697
Current assets
Debtors
4
1,406
36,398
Cash at bank and in hand
306,754
259,786
308,160
296,184
Creditors: amounts falling due within one year
5
(81,093)
(47,296)
Net current assets
227,067
248,888
Total assets less current liabilities
227,067
249,585
Provisions for liabilities
(132)
Net assets
227,067
249,453
Capital and reserves
Called up share capital
6
100
1
Profit and loss reserves
226,967
249,452
Total equity
227,067
249,453
For the financial period ended 30 September 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 of its financial statements for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 3 November 2026 and are signed on its behalf by:
Mr B J Le Tissier
Director
QUALITY PEOPLE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2026
- 2 -
1
Accounting policies
Company information
Quality People Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Flat 6 Rodmell Place, Rodmell Road, Tunbridge Wells, Kent, England, TN2 5SR.
1.1
Reporting period
The director has chosen to close the company at 30 September 2026 and has therefore chosen to present financial statements covering an 18 month period from 1 April 2025 to 30 September 2026.
1.2
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” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Going concern
The company intends to cease to trade. However, in the opinion of the directors', there would be no material difference to the financial statements if they were prepared on any other basis. Therefore, the directors' continue to use the going concern basis for the financial statements.
1.4
Revenue
Turnover is measured at the fair value of the consideration received or receivable for recruitment services, excluding discounts and VAT. Revenue is recognised when the service has been provided to the customer.
1.5
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
33% on cost
Computers
25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
QUALITY PEOPLE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2026
1
Accounting policies
(Continued)
- 3 -
1.7
Leases
As lessee
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2026
2025
Number
Number
Total
2
1
3
Tangible fixed assets
Plant and equipment
Computers
Total
£
£
£
Cost
At 1 April 2025
1,552
1,181
2,733
Disposals
(1,552)
(1,181)
(2,733)
At 30 September 2026
Depreciation and impairment
At 1 April 2025
1,252
784
2,036
Eliminated in respect of disposals
(1,252)
(784)
(2,036)
At 30 September 2026
Carrying amount
At 30 September 2026
At 31 March 2025
300
397
697
QUALITY PEOPLE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2026
- 4 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
36,398
Other debtors
1,406
1,406
36,398
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
29,702
Taxation and social security
32,634
14,083
Other creditors
48,459
3,511
81,093
47,296
6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
70
1
70
1
Ordinary A of £1 each
30
0
30
100
1
100
1
During the period the company issued 69 Ordinary shares and 30 Ordinary A shares.