Company Registration No. 14372893 (England and Wales)
Qu Properties Limited
Unaudited accounts
for the year ended 30 September 2023
Qu Properties Limited
Unaudited accounts
Contents
Qu Properties Limited
Company Information
for the year ended 30 September 2023
Directors
G. Efstathopoulos
M. A. Chatzopoulou
Company Number
14372893 (England and Wales)
Registered Office
105 PALEWELL PARK
LONDON
SW14 8JJ
ENGLAND
Accountants
W R Luke
Lester Associates Limited
105 Palewell Park
London
SW14 8JJ
Qu Properties Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
3,310
Creditors: amounts falling due within one year
(2,590)
Total assets less current liabilities
612,818
Creditors: amounts falling due after more than one year
(603,844)
Called up share capital
1,000
Profit and loss account
7,974
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by
G. Efstathopoulos
Director
Company Registration No. 14372893
Qu Properties Limited
Notes to the Accounts
for the year ended 30 September 2023
Qu Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14372893. The registered office is 105 PALEWELL PARK, LONDON, SW14 8JJ, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
At 30 September 2023
612,098
At 30 September 2023
612,098
5
Creditors: amounts falling due within one year
2023
Taxes and social security
1,870
Qu Properties Limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due after more than one year
2023
Loans from directors
463,844
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
8
Average number of employees
During the year the average number of employees was 0.