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Company Registration No. 11743336 (England and Wales)
QK BOUTIQUE LTD Unaudited accounts for the year ended 31 October 2023
QK BOUTIQUE LTD Unaudited accounts Contents
Page
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QK BOUTIQUE LTD Company Information for the year ended 31 October 2023
Director
Mrs Qurat-Ul-Ain KASHIF
Company Number
11743336 (England and Wales)
Registered Office
Unit Shop 12, Manchester Plaza Unit 16 Cheetham Hill Shopping Centre 40 Bury Old Road Manchester M8 5EL
Accountants
MK Accountancy Ltd AFA MIPA Suite 3.17, Universal Square Devonshire Street Manchester M12 6JH
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QK BOUTIQUE LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,574 
17,505 
Current assets
Inventories
88,906 
99,025 
Debtors
3,377 
18,951 
Cash at bank and in hand
920 
1,003 
93,203 
118,979 
Creditors: amounts falling due within one year
- 
(259)
Net current assets
93,203 
118,720 
Total assets less current liabilities
109,777 
136,225 
Creditors: amounts falling due after more than one year
(238,579)
(225,179)
Net liabilities
(128,802)
(88,954)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(128,803)
(88,955)
Shareholders' funds
(128,802)
(88,954)
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 February 2024 and were signed on its behalf by
Mrs Qurat-Ul-Ain KASHIF Director Company Registration No. 11743336
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QK BOUTIQUE LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
QK BOUTIQUE LTD is a private company, limited by shares, registered in England and Wales, registration number 11743336. The registered office is Unit Shop 12, Manchester Plaza Unit 16 , Cheetham Hill Shopping Centre , 40 Bury Old Road Manchester , M8 5EL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
18,436 
At 31 October 2023
18,436 
Depreciation
At 1 November 2022
931 
Charge for the year
931 
At 31 October 2023
1,862 
Net book value
At 31 October 2023
16,574 
At 31 October 2022
17,505 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,877 
2,420 
Other debtors
500 
16,531 
3,377 
18,951 
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QK BOUTIQUE LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
259 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
238,579 
225,179 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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