Copy Quality UK Ltd. - Accounts to registrar (filleted) - small 18.2

Copy Quality UK Ltd. - Accounts to registrar (filleted) - small 18.2

COPY QUALITY UK LTD. - Company Information

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IRIS Accounts Production v22.2.0.402 09513825 Board of Directors Board of Directors 31.5.21 31.5.22 31.5.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure095138252021-05-30095138252022-05-31095138252021-05-312022-05-31095138252020-05-30095138252020-05-312021-05-30095138252021-05-3009513825ns16:EnglandWales2021-05-312022-05-3109513825ns15:PoundSterling2021-05-312022-05-3109513825ns11:Director12021-05-312022-05-3109513825ns11:Director22021-05-312022-05-3109513825ns11:PrivateLimitedCompanyLtd2021-05-312022-05-3109513825ns11:SmallEntities2021-05-312022-05-3109513825ns11:AuditExempt-NoAccountantsReport2021-05-312022-05-3109513825ns11:SmallCompaniesRegimeForDirectorsReport2021-05-312022-05-3109513825ns11:SmallCompaniesRegimeForAccounts2021-05-312022-05-3109513825ns11:FullAccounts2021-05-312022-05-3109513825ns11:RegisteredOffice2021-05-312022-05-3109513825ns6:CurrentFinancialInstruments2022-05-3109513825ns6:CurrentFinancialInstruments2021-05-3009513825ns6:Non-currentFinancialInstruments2022-05-3109513825ns6:Non-currentFinancialInstruments2021-05-3009513825ns6:ShareCapital2022-05-3109513825ns6:ShareCapital2021-05-3009513825ns6:RetainedEarningsAccumulatedLosses2022-05-3109513825ns6:RetainedEarningsAccumulatedLosses2021-05-3009513825ns6:PlantMachinery2021-05-3009513825ns6:PlantMachinery2021-05-312022-05-3109513825ns6:PlantMachinery2022-05-3109513825ns6:PlantMachinery2021-05-3009513825ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-3109513825ns6:WithinOneYearns6:CurrentFinancialInstruments2021-05-3009513825ns6:Secured2022-05-3109513825ns6:Secured2021-05-30
REGISTERED NUMBER: 09513825 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 31 MAY 2021 TO 31 MAY 2022

FOR

COPY QUALITY UK LTD.
COPY QUALITY UK LTD. (REGISTERED NUMBER: 09513825)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MAY 2021 TO 31 MAY 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COPY QUALITY UK LTD.

COMPANY INFORMATION
FOR THE PERIOD 31 MAY 2021 TO 31 MAY 2022







DIRECTORS: D J Elliott
L R Williams





REGISTERED OFFICE: Quality House
20 The Service Road
Potters Bar
Hertfordshire
EN6 1QA





REGISTERED NUMBER: 09513825 (England and Wales)





ACCOUNTANTS: Paul Dawson & Co Limited
The Old Courthouse
26A Church Street
Bishops Stortford
Hertfordshire
CM23 2LY
Page 1
COPY QUALITY UK LTD. (REGISTERED NUMBER: 09513825)

BALANCE SHEET
31 MAY 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,935 23,996

CURRENT ASSETS
Stocks 5 151,501 142,760
Debtors 6 115,727 110,910
Cash at bank and in hand 18,731 44,355
285,959 298,025
CREDITORS
Amounts falling due within one year 7 211,984 187,828
NET CURRENT ASSETS 73,975 110,197
TOTAL ASSETS LESS CURRENT
LIABILITIES
92,910
134,193

CREDITORS
Amounts falling due after more than one
year
8
83,974
126,614
NET ASSETS 8,936 7,579

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,836 7,479
SHAREHOLDERS' FUNDS 8,936 7,579

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2022 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 notes form part of these financial statements

Page 2 continued...
COPY QUALITY UK LTD. (REGISTERED NUMBER: 09513825)

BALANCE SHEET - continued
31 MAY 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 March 2023 and were signed on its behalf by:




L R Williams - Director



D J Elliott - Director


The notes form part of these financial statements

Page 3
COPY QUALITY UK LTD. (REGISTERED NUMBER: 09513825)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MAY 2021 TO 31 MAY 2022


1. STATUTORY INFORMATION

Copy Quality UK 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.

Equipment - 25% on the reducing balance
Motor Vehicles - 25% on the reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 period was 4 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 May 2021 97,039
Additions 1,250
At 31 May 2022 98,289
DEPRECIATION
At 31 May 2021 73,043
Charge for period 6,311
At 31 May 2022 79,354
NET BOOK VALUE
At 31 May 2022 18,935
At 30 May 2021 23,996

Page 4 continued...
COPY QUALITY UK LTD. (REGISTERED NUMBER: 09513825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MAY 2021 TO 31 MAY 2022


5. STOCKS
2022 2021
£    £   
Stocks 151,501 142,760

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 112,228 108,488
Other debtors 3,499 2,422
115,727 110,910

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 33,528 33,528
Trade creditors 72,197 21,219
Taxation and social security 71,349 95,791
Other creditors 34,910 37,290
211,984 187,828

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 53,974 86,614
Other creditors 30,000 40,000
83,974 126,614

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 87,502 120,142

The bank loan from Santander UK Plc is secured by a fixed and floating charge as well as a negative pledge covering all the property or undertakings of the Company, which was created on the 1st November 2019

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