REGISTERED NUMBER: 04401368 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

QUALITY MANAGEMENT SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A C Rodriguez

SECRETARIES:

A Jackson

C A Park

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

04401368 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

4,031

3,819

Investments

5

45,664

9,858

49,695

13,677

CURRENT ASSETS

Debtors

6

40,428

14,212

Cash at bank

29,051

38,467

69,479

52,679

CREDITORS

Amounts falling due within one year

7

164,004

132,115

NET CURRENT LIABILITIES

(94,525

)

(79,436

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(44,830

)

(65,759

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(44,832

)

(65,761

)

(44,830

)

(65,759

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2025 and were signed by:

A C Rodriguez - Director

1.	STATUTORY INFORMATION

Quality Management Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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, relating to management consultancy services, is recognised to the period in which the performance obligations are satisfied, with accrued and deferred income being recognised where appropriate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Fixed asset investments are initially recognised at cost and subsequently at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised immediately in profit or loss.

Going concern

The director acknowledges the net liabilities position and has agreed that they will continue to support the company, so it is able to fulfil its obligations as they fall due, for a period of at least 12 months from the date of the approval of these financial statements. Therefore, the director has concluded that the going concern basis of preparation of these financial statements remains appropriate.

3.

EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

39,244

Additions

1,447

At 31 March 2025

40,691

DEPRECIATION

At 1 April 2024

35,425

Charge for year

1,235

At 31 March 2025

36,660

NET BOOK VALUE

At 31 March 2025

4,031

At 31 March 2024

3,819

5.	FIXED ASSET INVESTMENTS

Other

participating

Listed

interests

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

-

9,858

9,858

Additions

1

27,080

27,081

Revaluations

-

8,725

8,725

At 31 March 2025

1

45,663

45,664

NET BOOK VALUE

At 31 March 2025

1

45,663

45,664

At 31 March 2024

-

9,858

9,858

During the year, one cell share of £1 was acquired in IPCC Members Limited (company number: 134656C), a company registered in the Isle of Man.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,588

3,072

Other debtors

10,840

11,140

40,428

14,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

28,420

Trade creditors

-

250

VAT

11,981

3,328

Other creditors

10,814

9,342

Directors' current accounts

140,852

90,418

Accruals and deferred income

357

357

164,004

132,115

8.	RELATED PARTY DISCLOSURES

Companies under common control

Amount s due from

£

Opening balance

11,140

Amounts advanced

700

Amounts repaid

(1,000)

Closing balance

10,840

The amounts due are interest free, repayable on demand and are included in debtors.