QserviceUK Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09509930 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

QSERVICEUK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms R Rajkowska

REGISTERED OFFICE:

Craven House

40-44 Uxbridge Road

London

W5 2BS

REGISTERED NUMBER:

09509930 (England and Wales)

ACCOUNTANTS:

Capital Business Links Ltd

Chartered Accountants

Craven House

Ground Floor

40-44 Uxbridge Road

Ealing

London

W5 2BS

FIXED ASSETS

Tangible assets

4

48,278

CURRENT ASSETS

Debtors

5

534,473

Cash at bank and in hand

64,037

598,510

CREDITORS

Amounts falling due within one year

6

311,186

NET CURRENT ASSETS

287,324

TOTAL ASSETS LESS CURRENT LIABILITIES

335,602

CREDITORS

Amounts falling due after more than one year

7

97,177

NET ASSETS

238,425

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

238,325

238,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 19 July 2022 and were signed by:

Ms R Rajkowska - Director

1.	STATUTORY INFORMATION

QserviceUK Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

72,470

Additions

20,889

At 31 March 2022

93,359

DEPRECIATION

At 1 April 2021

28,988

Charge for year

16,093

At 31 March 2022

45,081

NET BOOK VALUE

At 31 March 2022

48,278

At 31 March 2021

43,482

5.

DEBTORS

£

Amounts falling due within one year:

Trade debtors

518,125

Other debtors

8,312

526,437

Amounts falling due after more than one year:

Other debtors

8,036

Aggregate amounts

534,473

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

18,938

Taxation and social security

167,440

Other creditors

124,808

311,186

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Trade creditors

97,177