REGISTERED NUMBER: 06128461 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Quinn Partnership Management

Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Quinn

M J Stiles

SECRETARY:

P Quinn

REGISTERED OFFICE:

Station House

Stamford New Road

Altrincham

WA14 1EP

REGISTERED NUMBER:

06128461 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,530

748

1,530

748

CURRENT ASSETS

Debtors

6

1,571,882

1,639,204

Cash at bank and in hand

121,191

145,103

1,693,073

1,784,307

CREDITORS

Amounts falling due within one year

7

52,033

97,017

NET CURRENT ASSETS

1,641,040

1,687,290

TOTAL ASSETS LESS CURRENT LIABILITIES

1,642,570

1,688,038

PROVISIONS FOR LIABILITIES

349

145

NET ASSETS

1,642,221

1,687,893

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

1,632,221

1,677,893

SHAREHOLDERS' FUNDS

1,642,221

1,687,893

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 directors acknowledge their 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 Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

P Quinn - Director

M J Stiles - Director

1.	STATUTORY INFORMATION

The Quinn Partnership Management Consultants 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.

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.

Turnover

Turnover represents income receivable for consultancy services and related disbursements, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of The Quinn Partnership Management Consultants LLP in 2007, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Computer equipment

-

33% on cost and 20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,254,000

AMORTISATION

At 1 April 2024

and 31 March 2025

1,254,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

525

122,939

123,464

Additions

-

2,165

2,165

At 31 March 2025

525

125,104

125,629

DEPRECIATION

At 1 April 2024

513

122,203

122,716

Charge for year

4

1,379

1,383

At 31 March 2025

517

123,582

124,099

NET BOOK VALUE

At 31 March 2025

8

1,522

1,530

At 31 March 2024

12

736

748

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,800

48,316

Amounts owed by group undertakings

1,515,000

1,515,000

Other debtors

3,780

5,026

Directors' current accounts

40,968

62,735

Prepayments and accrued income

7,334

8,127

1,571,882

1,639,204

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,281

5,599

Corporation tax

44,951

75,852

Social security and other taxes

533

914

VAT

3,418

9,873

Other creditors

(150

)

-

Directors' current accounts

-

4,779

52,033

97,017

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2025, P Quinn owed the company £682 (2024: £(4,779)). The loan was repaid within 9 months of the year-end.

At 31 March 2025, MJ Stiles owed the company £40,286 (2024: £62,735). The loan was repaid within 9 months of the year-end.

These are interest free loans and are repayable on demand.

9.	RELATED PARTY DISCLOSURES

The immediate parent company is QPMC Limited, a company registered in England and Wales, and controlled by P Quinn.

At 31 March 2025, £1,515,000 (2024: £1,515,000) was due from QPMC Limited.