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REGISTERED NUMBER: 13047562 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Queech Wood Ltd

Queech Wood Ltd (Registered number: 13047562)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Queech Wood Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: N P Speariett





REGISTERED OFFICE: 198 Defoe Road
Ipswich
IP1 6RP





REGISTERED NUMBER: 13047562 (England and Wales)





ACCOUNTANTS: Suffolk Tax Accountants Group
9 Byford Court
Crockatt Road
Hadleigh
Suffolk
IP7 6RD

Queech Wood Ltd (Registered number: 13047562)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,604 14,525

CURRENT ASSETS
Debtors 5 2,047 368
Cash at bank 4,259 3,304
6,306 3,672
CREDITORS
Amounts falling due within one year 6 19,709 22,030
NET CURRENT LIABILITIES (13,403 ) (18,358 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,799 ) (3,833 )

CREDITORS
Amounts falling due after more than one year 7 5,298 9,020
NET LIABILITIES (7,097 ) (12,853 )

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings (7,101 ) (12,857 )
SHAREHOLDERS' FUNDS (7,097 ) (12,853 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 10 February 2024 and were signed by:





N P Speariett - Director


Queech Wood Ltd (Registered number: 13047562)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Queech Wood 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 represents the fair value of services provided during the period on client assignments. Turnover is recognised as contract activity progresses and the right to consideration is earned. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

Queech Wood Ltd (Registered number: 13047562)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 20,568
DEPRECIATION
At 1 December 2022 6,043
Charge for year 2,921
At 30 November 2023 8,964
NET BOOK VALUE
At 30 November 2023 11,604
At 30 November 2022 14,525

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 2,047 368

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Hire purchase contracts 3,722 3,507
Other creditors 15,987 18,523
19,709 22,030

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Hire purchase contracts 5,298 9,020

8. DEFERRED TAX
£   
Provided during year (1,678 )
Balance at 30 November 2023 (1,678 )

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
4 Ordinary 1 4 4