NQ MANAGEMENT LIMITED

Company Registration Number:
11472330 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

NQ MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

NQ MANAGEMENT LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 828,656 866,686
Investments: 4 28,525 7,772
Total fixed assets: 857,181 874,458
Current assets
Debtors:   198,053 5,679
Cash at bank and in hand: 232,621 162,655
Total current assets: 430,674 168,334
Creditors: amounts falling due within one year:   (215,072) (159,387)
Net current assets (liabilities): 215,602 8,947
Total assets less current liabilities: 1,072,783 883,405
Creditors: amounts falling due after more than one year:   (231,750) (246,088)
Total net assets (liabilities): 841,033 637,317
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 841,032 637,316
Shareholders funds: 841,033 637,317

The notes form part of these financial statements

NQ MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 July 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 08 April 2024
and signed on behalf of the board by:

Name: Michael Adex
Status: Director

The notes form part of these financial statements

NQ MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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

NQ MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

NQ MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 968,464
Additions 17,795
At 31 July 2023 986,259
Depreciation
At 01 August 2022 101,778
Charge for year 55,825
At 31 July 2023 157,603
Net book value
At 31 July 2023 828,656
At 31 July 2022 866,686

NQ MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.