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Company Registration No. 07076580 (England and Wales)
Quayside Trading Limited Unaudited accounts for the year ended 31 December 2023
Quayside Trading Limited Unaudited accounts Contents
Page
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Quayside Trading Limited Company Information for the year ended 31 December 2023
Director
Iain Mairs
Secretary
Salima Jones
Company Number
07076580 (England and Wales)
Registered Office
16 Melbourne Avenue Stretford Manchester M32 0DE United Kingdom
Accountants
Rebecca Williams Accountants Limited 62 Derbyshire Road Sale M33 3EL
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Quayside Trading Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,431 
41,281 
Current assets
Debtors
7,862 
8,688 
Cash at bank and in hand
22,623 
19,933 
30,485 
28,621 
Creditors: amounts falling due within one year
(30,027)
(19,741)
Net current assets
458 
8,880 
Total assets less current liabilities
46,889 
50,161 
Creditors: amounts falling due after more than one year
(46,745)
(50,112)
Net assets
144 
49 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
134 
39 
Shareholders' funds
144 
49 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 11 March 2024 and were signed on its behalf by
Iain Mairs Director Company Registration No. 07076580
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Quayside Trading Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Quayside Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 07076580. The registered office is 16 Melbourne Avenue, Stretford, Manchester, M32 0DE, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Straight line
Motor vehicles
15% Reducing balance
Fixtures & fittings
33% Straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
11,572 
54,890 
66,462 
Additions
981 
48,180 
49,161 
Disposals
- 
(54,890)
(54,890)
At 31 December 2023
12,553 
48,180 
60,733 
Depreciation
At 1 January 2023
6,628 
18,553 
25,181 
Charge for the year
2,253 
6,783 
9,036 
On disposals
- 
(19,915)
(19,915)
At 31 December 2023
8,881 
5,421 
14,302 
Net book value
At 31 December 2023
3,672 
42,759 
46,431 
At 31 December 2022
4,944 
36,337 
41,281 
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Quayside Trading Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
7,862 
8,688 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
14,860 
10,300 
VAT
233 
- 
Obligations under finance leases and hire purchase contracts
- 
6,714 
Taxes and social security
20,916 
20,465 
Other creditors
3,557 
2,039 
Loans from directors
(9,539)
(20,014)
Accruals
- 
237 
30,027 
19,741 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,075 
23,375 
Obligations under finance leases and hire purchase contracts
33,670 
26,737 
46,745 
50,112 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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