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REGISTERED NUMBER: 13343019 (England and Wales)















QUINN FORESTRY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023






QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company information 1

Chartered accountants' report 2

Abridged statement of financial position 3 to 4

Notes to the financial statements 5 to 7


QUINN FORESTRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







Director: S Quinn





Registered office: Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP





Registered number: 13343019 (England and Wales)





Accountants: Menzies LLP
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
QUINN FORESTRY LIMITED


The following reproduces the text of the report prepared for the director 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 Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director 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 Quinn Forestry Limited for the year ended 31st March 2023 which comprise the Income statement, Abridged Statement of financial position 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 director of Quinn Forestry Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quinn Forestry Limited and state those matters that we have agreed to state to the director of Quinn Forestry Limited 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 Quinn Forestry Limited and its director for our work or for this report.

It is your duty to ensure that Quinn Forestry 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 Quinn Forestry Limited. You consider that Quinn Forestry 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 Quinn Forestry 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.






Menzies LLP
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP


8th November 2023

QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 5 378,826 226,413

CURRENT ASSETS
Debtors 95,830 58,497
Cash at bank 23,204 3
119,034 58,500
CREDITORS
Amounts falling due within one year (119,548 ) (145,349 )
NET CURRENT LIABILITIES (514 ) (86,849 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

378,312

139,564

CREDITORS
Amounts falling due after more than
one year

(253,157

)

(122,816

)

PROVISIONS FOR LIABILITIES (39,254 ) (15,259 )
NET ASSETS 85,901 1,489

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 85,801 1,389
SHAREHOLDERS' FUNDS 85,901 1,489

QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

All the members have consented to the preparation of an abridged Statement of financial position for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8th November 2023 and were signed by:





S Quinn - Director


QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Quinn Forestry 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. 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.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the director in preparing these financial statements.

Turnover
Revenue 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 statement of financial position date.


QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
Cost
At 1st April 2022 258,758
Additions 325,079
Disposals (87,595 )
At 31st March 2023 496,242
Depreciation
At 1st April 2022 32,345
Charge for year 91,613
Eliminated on disposal (6,542 )
At 31st March 2023 117,416
Net book value
At 31st March 2023 378,826
At 31st March 2022 226,413

QUINN FORESTRY LIMITED (REGISTERED NUMBER: 13343019)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary shares £1 100 100