QUEENSFERRY RETAIL LTD

Company Registration Number:
SC697981 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

QUEENSFERRY RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

QUEENSFERRY RETAIL LTD

Balance sheet

As at 31 May 2023


Notes

2023

13 months to 31 May 2022


£

£
Fixed assets
Intangible assets: 3 71,773 80,744
Total fixed assets: 71,773 80,744
Current assets
Stocks: 49,671 35,068
Debtors:   48,937
Cash at bank and in hand: 11,886 37,039
Total current assets: 110,494 72,107
Creditors: amounts falling due within one year:   (70,235) (95,859)
Net current assets (liabilities): 40,259 (23,752)
Total assets less current liabilities: 112,032 56,992
Total net assets (liabilities): 112,032 56,992
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 111,932 56,892
Shareholders funds: 112,032 56,992

The notes form part of these financial statements

QUEENSFERRY RETAIL LTD

Balance sheet statements

For the year ending 31 May 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 February 2024
and signed on behalf of the board by:

Name: Mr Muhammad Aslam
Status: Director

The notes form part of these financial statements

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

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

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 13 months to 31 May 2022
Average number of employees during the period 11 12

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 89,715
At 31 May 2023 89,715
Amortisation
At 01 June 2022 8,971
Charge for year 8,971
At 31 May 2023 17,942
Net book value
At 31 May 2023 71,773
At 31 May 2022 80,744