IRIS Accounts Production v24.1.0.578 13816140 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138161402022-12-31138161402023-12-31138161402023-01-012023-12-31138161402021-12-22138161402021-12-232022-12-31138161402022-12-3113816140ns15:EnglandWales2023-01-012023-12-3113816140ns14:PoundSterling2023-01-012023-12-3113816140ns10:Director12023-01-012023-12-3113816140ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113816140ns10:SmallEntities2023-01-012023-12-3113816140ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113816140ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113816140ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113816140ns10:FullAccounts2023-01-012023-12-3113816140ns10:Director22023-01-012023-12-3113816140ns10:RegisteredOffice2023-01-012023-12-3113816140ns5:CurrentFinancialInstruments2023-12-3113816140ns5:CurrentFinancialInstruments2022-12-3113816140ns5:ShareCapital2022-12-3113816140ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3113816140ns5:RetainedEarningsAccumulatedLosses2022-12-3113816140ns5:AdditionsToInvestments2023-12-3113816140ns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3113816140ns5:CostValuation2023-12-3113816140ns5:DeferredTaxation2023-01-012023-12-3113816140ns5:DeferredTaxation2023-12-31
REGISTERED NUMBER: 13816140 (England and Wales)















Quercus Rubra Limited

Financial Statements for the Year Ended 31st December 2023






Quercus Rubra Limited (Registered number: 13816140)

Contents of the Financial Statements
for the Year Ended 31st December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Quercus Rubra Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: R S Brooker
O Brooker





REGISTERED OFFICE: 2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT





REGISTERED NUMBER: 13816140 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT

Quercus Rubra Limited (Registered number: 13816140)

Balance Sheet
31st December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 485,149 -

CURRENT ASSETS
Cash at bank 1,027,443 1,499,266

CREDITORS
Amounts falling due within one year 5 (1,200 ) (1,140 )
NET CURRENT ASSETS 1,026,243 1,498,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,511,392

1,498,126

PROVISIONS FOR LIABILITIES 6 (1,828 ) -
NET ASSETS 1,509,564 1,498,126

CAPITAL AND RESERVES
Called up share capital 1,500,200 1,500,200
Fair value reserve 7 9,263 -
Retained earnings 7 101 (2,074 )
SHAREHOLDERS' FUNDS 1,509,564 1,498,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 17th April 2024 and were signed on its behalf by:



R S Brooker - Director


Quercus Rubra Limited (Registered number: 13816140)

Notes to the Financial Statements
for the Year Ended 31st December 2023


1. STATUTORY INFORMATION

Quercus Rubra Limited 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

Income
Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument.

Cash and cash equivalents
These comprise cash at bank.

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Income Statement when there is objective evidence that the asset is impaired.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

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.

Quercus Rubra Limited (Registered number: 13816140)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


2. ACCOUNTING POLICIES - continued

Investments
Fixed asset investments are shown at market value.

Gains on revaluation, less any reversal of earlier gains, are transferred to a revaluation reserve.

Realised gains or losses when the investments are sold are transferred from the revaluation reserve
to the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 473,713
Revaluations 11,436
At 31st December 2023 485,149
NET BOOK VALUE
At 31st December 2023 485,149

Cost or valuation at 31st December 2023 is represented by:

Other
investments
£   
Valuation in 2023 485,149

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,200 1,140

6. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,828 -

Deferred
tax
£   
Provided during year 1,828
Balance at 31st December 2023 1,828

Quercus Rubra Limited (Registered number: 13816140)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st January 2023 (2,074 ) - (2,074 )
Profit for the year 11,438 11,438
Transfer (9,263 ) 9,263 -
At 31st December 2023 101 9,263 9,364