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REGISTERED NUMBER: 03100434 (England and Wales)















QUINTON HOUSE LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2022






QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Contents of the Financial Statements
for the Year Ended 31 March 2022

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Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

QUINTON HOUSE LIMITED

Company Information
for the Year Ended 31 March 2022







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DIRECTORS: B Mehta
R Mehta





REGISTERED OFFICE: Quinton House
Lower Quinton
Stratford Upon Avon
Warwickshire
CV37 8RY





REGISTERED NUMBER: 03100434 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
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FIXED ASSETS
Tangible assets 4 118,042 144,744

CURRENT ASSETS
Stocks 27,670 26,500
Debtors 5 246,434 154,264
Cash at bank and in hand 161,446 191,231
435,550 371,995
CREDITORS
Amounts falling due within one year 6 351,811 299,816
NET CURRENT ASSETS 83,739 72,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,781

216,923

CREDITORS
Amounts falling due after more than one
year

7

-

(3,491

)

PROVISIONS FOR LIABILITIES (17,567 ) (23,936 )
NET ASSETS 184,214 189,496

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 184,114 189,396
SHAREHOLDERS' FUNDS 184,214 189,496

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 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.

QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Balance Sheet - continued
31 March 2022

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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 2 September 2022 and were signed on its behalf by:





B Mehta - Director


QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Notes to the Financial Statements
for the Year Ended 31 March 2022

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1. STATUTORY INFORMATION

Quinton House 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 20% on cost, 10% on cost and Straight line over 3 years

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares, or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022


2. ACCOUNTING POLICIES - continued
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Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 59 (2021 - 65 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2021 123,201 814,095 937,296
Additions - 23,327 23,327
At 31 March 2022 123,201 837,422 960,623
DEPRECIATION
At 1 April 2021 123,200 669,352 792,552
Charge for year - 50,029 50,029
At 31 March 2022 123,200 719,381 842,581
NET BOOK VALUE
At 31 March 2022 1 118,041 118,042
At 31 March 2021 1 144,743 144,744

QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022


4. TANGIBLE FIXED ASSETS - continued
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Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 53,928
DEPRECIATION
At 1 April 2021 14,010
Charge for year 9,980
At 31 March 2022 23,990
NET BOOK VALUE
At 31 March 2022 29,938
At 31 March 2021 39,918

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 148,799 68,481
Other debtors 97,635 85,783
246,434 154,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts 3,491 10,473
Trade creditors 111,511 78,302
Taxation and social security 7 31,259
Other creditors 236,802 179,782
351,811 299,816

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts - 3,491

QUINTON HOUSE LIMITED (REGISTERED NUMBER: 03100434)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

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8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.22 31.3.21
£    £   
Hire purchase contracts 3,491 13,964

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company are the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Quinton House Limited


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The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quinton House Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quinton House Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quinton House Limited and state those matters that we have agreed to state to the Board of Directors of Quinton House Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quinton House Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quinton House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quinton House Limited. You consider that Quinton House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quinton House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


5 September 2022