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REGISTERED NUMBER: 03100434 (England and Wales)










Unaudited Financial Statements

for the Period 1 April 2022 to 31 August 2023

for

Quinton House Limited

Quinton House Limited (Registered number: 03100434)






Contents of the Financial Statements
for the Period 1 April 2022 to 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quinton House Limited

Company Information
for the Period 1 April 2022 to 31 August 2023







DIRECTORS: F J Raja
M A Raja





REGISTERED OFFICE: Quinton House, Lower Quinton
Startford Upon Avon
Warwickshire
CV37 8RY





REGISTERED NUMBER: 03100434 (England and Wales)





ACCOUNTANTS: Alderton Accountancy Limited
Chartered Certified Accountants
962 Eastern Avenue
Newbury Park
Essex
IG2 7JD

Quinton House Limited (Registered number: 03100434)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,322 118,041

CURRENT ASSETS
Stocks - 27,670
Debtors 5 366,301 246,434
Cash at bank and in hand 361,136 161,446
727,437 435,550
CREDITORS
Amounts falling due within one year 6 513,849 351,811
NET CURRENT ASSETS 213,588 83,739
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,910

201,780

PROVISIONS FOR LIABILITIES 12,179 17,567
NET ASSETS 273,731 184,213

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 273,631 184,113
SHAREHOLDERS' FUNDS 273,731 184,213

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

Quinton House Limited (Registered number: 03100434)

Balance Sheet - continued
31 August 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 March 2024 and were signed on its behalf by:





F J Raja - Director


Quinton House Limited (Registered number: 03100434)

Notes to the Financial Statements
for the Period 1 April 2022 to 31 August 2023

1. STATUTORY INFORMATION

Quinton House 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.

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

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 - 25% on reducing balance, 20% on cost, 10% on cost and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Quinton House Limited (Registered number: 03100434)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 31 August 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 60 (2022 - 59 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 68,681 714,813 53,928 837,422
Additions 6,427 28,920 - 35,347
Disposals - - (53,928 ) (53,928 )
At 31 August 2023 75,108 743,733 - 818,841
DEPRECIATION
At 1 April 2022 31,493 663,898 23,990 719,381
Charge for period 19,128 32,000 - 51,128
Eliminated on disposal - - (23,990 ) (23,990 )
At 31 August 2023 50,621 695,898 - 746,519
NET BOOK VALUE
At 31 August 2023 24,487 47,835 - 72,322
At 31 March 2022 37,188 50,915 29,938 118,041

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,273 103,341
Amounts owed by group undertakings 328,929 -
Other debtors 2,370 121,269
Prepayments 11,729 21,824
366,301 246,434

Quinton House Limited (Registered number: 03100434)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 31 August 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,697 -
Hire purchase contracts - 3,491
Trade creditors 57,138 103,059
Bills of exchange payable 42,813 -
Amounts owed to associates 2,396 -
Tax 84,242 -
Social security and other taxes 23 7
Pensions 7,811 -
Other creditors - 8,453
Wages and salaries control 110,473 -
Directors' current accounts 656 92,000
Accrued expenses 203,600 144,801
513,849 351,811

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdraft 4,697 -