QUALITY GRANITE LIMITED

Company Registration Number:
11099279 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

QUALITY GRANITE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

QUALITY GRANITE LIMITED

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 36,560
Cost of sales: ( 26,747 ) ( 1,655 )
Gross profit(or loss): 9,813 (1,655)
Administrative expenses: ( 9,931 ) ( 2,224 )
Operating profit(or loss): (118) (3,879)
Profit(or loss) before tax: (118) (3,879)
Profit(or loss) for the financial year: (118) (3,879)

QUALITY GRANITE LIMITED

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 1,090 1,362
Total fixed assets: 1,090 1,362
Current assets
Stocks: 4 9,870 150
Debtors: 5 53,950 61,240
Cash at bank and in hand: 595 6,132
Total current assets: 64,415 67,522
Creditors: amounts falling due within one year: 6 ( 38,026 ) ( 23,143 )
Net current assets (liabilities): 26,389 44,379
Total assets less current liabilities: 27,479 45,741
Creditors: amounts falling due after more than one year: 7 ( 26,856 ) ( 45,000 )
Total net assets (liabilities): 623 741
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 622 740
Total Shareholders' funds: 623 741

The notes form part of these financial statements

QUALITY GRANITE LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: S Zeino
Status: Director

The notes form part of these financial statements

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    20 percent for plant and machinery

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 1 1

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 1,362 1,362
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2022 1,362 1,362
Depreciation
At 1 January 2022 0 0
Charge for year
On disposals
Other adjustments 272 272
At 31 December 2022 272 272
Net book value
At 31 December 2022 1,090 1,090
At 31 December 2021 1,362 1,362

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Stocks

2022 2021
£ £
Stocks 9,870 150
Total 9,870 150

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
£ £
Trade debtors 53,950 61,240
Total 53,950 61,240

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 38,026 23,143
Total 38,026 23,143

QUALITY GRANITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Other creditors 26,856 45,000
Total 26,856 45,000