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REGISTERED NUMBER: 03569437 (England and Wales)












Unaudited Financial Statements

For The Year Ended 31 May 2023

for

Quester Press Limited

Quester Press Limited (Registered number: 03569437)






Contents of the Financial Statements
For The Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Quester Press Limited

Company Information
For The Year Ended 31 May 2023







DIRECTOR: R W I Cawte





SECRETARY: T R Cawte





REGISTERED OFFICE: Clare Cottage
13 Milton Abbas
Blandford Forum
Dorset
DT11 0BW





REGISTERED NUMBER: 03569437 (England and Wales)





ACCOUNTANTS: Butler & Co (Bishops Waltham) Limited
Chartered Accountants
Avalon House
Waltham Business Park
Brickyard Road, Swanmore
Southampton
Hampshire
SO32 2SA

Quester Press Limited (Registered number: 03569437)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 114 148

CURRENT ASSETS
Stocks 258 320
Debtors 6 4,000 4,000
Cash at bank 12,506 17,227
16,764 21,547
CREDITORS
Amounts falling due within one year 7 83,435 87,843
NET CURRENT LIABILITIES (66,671 ) (66,296 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(66,557

)

(66,148

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (66,657 ) (66,248 )
SHAREHOLDERS' FUNDS (66,557 ) (66,148 )

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 February 2024 and were signed by:




R W I Cawte - Director


Quester Press Limited (Registered number: 03569437)

Notes to the Financial Statements
For The Year Ended 31 May 2023

1. STATUTORY INFORMATION

Quester Press 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, however there are material uncertainties related to conditions which cast some doubt upon the company's ability to continue to adopt the going concern basis of accounting.

These uncertainties include significant amounts owed in other loans to the company and amounts owed to the company director R W I Cawte, both of which are repayable on demand. Should repayment of these loans be demanded, the company may have insufficient funds to make these repayments and continue to trade.

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.
Fixtures and equipment - 25% reducing balance basis

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 year 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.


Quester Press Limited (Registered number: 03569437)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2023

3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and
equipment
£   
COST
At 1 June 2022
and 31 May 2023 14,959
DEPRECIATION
At 1 June 2022 14,811
Charge for year 34
At 31 May 2023 14,845
NET BOOK VALUE
At 31 May 2023 114
At 31 May 2022 148

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Loan debtors 4,000 4,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other loans 42,743 42,743
Trade creditors 153 69
Other creditors 387 387
Directors' current accounts 38,052 42,652
Accrued expenses 2,100 1,992
83,435 87,843