Business Quality Management Solutions Lt - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10761717 (England and Wales)

Business Quality Management Solutions

Ltd.

Unaudited Financial Statements

for the Year Ended 31 March 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R A Jones

REGISTERED OFFICE:

54 Beggars Lane

Leek

Staffordshire

ST13 8JP

REGISTERED NUMBER:

10761717 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Tangible assets

5

1,143

1,591

CURRENT ASSETS

Debtors

6

-

4,200

Cash at bank

9,425

172

9,425

4,372

CREDITORS

Amounts falling due within one year

7

10,243

5,830

NET CURRENT LIABILITIES

(818

)

(1,458

)

TOTAL ASSETS LESS CURRENT LIABILITIES

325

133

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

324

132

SHAREHOLDERS' FUNDS

325

133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 November 2021 and were signed by:

R A Jones - Director

1.	STATUTORY INFORMATION

Business Quality Management Solutions 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

After making enquiries, and given the impact of Coronavirus on the economy, the director has a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of approval of these accounts. The financial statements have therefore been prepared on a going concern basis.

Turnover

Turnover represents invoiced value of services provided excluding VAT.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2020

2,486

Disposals

(244

)

At 31 March 2021

2,242

DEPRECIATION

At 1 April 2020

895

Charge for year

204

At 31 March 2021

1,099

NET BOOK VALUE

At 31 March 2021

1,143

At 31 March 2020

1,591

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

-

4,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

4,498

1,686

Other creditors

5,745

4,144

10,243

5,830