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REGISTERED NUMBER: 12979340 (England and Wales)











Quiver Properties Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






Quiver Properties Ltd (Registered number: 12979340)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Quiver Properties Ltd

Company Information
for the Year Ended 31 March 2024







Directors: Mr G V Archer
Mrs G L Archer





Registered office: Flat 1
18 Morden Road
Blackheath
London
SE3 0AA





Registered number: 12979340 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Quiver Properties Ltd (Registered number: 12979340)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
Fixed assets
Investments 4 2 2
Investment property 5 1,422,947 1,422,947
1,422,949 1,422,949

Current assets
Debtors 6 1,409 140
Cash at bank 6,744 51,644
8,153 51,784
Creditors
Amounts falling due within one year 7 (13,615 ) (10,026 )
Net current (liabilities)/assets (5,462 ) 41,758
Total assets less current liabilities 1,417,487 1,464,707

Creditors
Amounts falling due after more than one
year

8

(1,394,490

)

(1,459,958

)
Net assets 22,997 4,749

Quiver Properties Ltd (Registered number: 12979340)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £   
Capital and reserves
Called up share capital 10 1 1
Retained earnings 22,996 4,748
Shareholders' funds 22,997 4,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 29 July 2024 and were signed on its behalf by:





Mr G V Archer - Director


Quiver Properties Ltd (Registered number: 12979340)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Quiver Properties Ltd 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.

The financial statements have been prepared on a going concern basis on the grounds that the director will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

Quiver Properties Ltd (Registered number: 12979340)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Fixed asset investments
Other
investments
£   
Cost
At 1 April 2023
and 31 March 2024 2
Net book value
At 31 March 2024 2
At 31 March 2023 2

5. Investment property
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 1,422,947
Net book value
At 31 March 2024 1,422,947
At 31 March 2023 1,422,947

6. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Other debtors 1,409 140

7. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Corporation tax 4,281 1,114
Other creditors 8,434 8,042
Accrued expenses 900 870
13,615 10,026

Quiver Properties Ltd (Registered number: 12979340)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Bank loans 705,490 870,958
Shareholder loans 689,000 589,000
1,394,490 1,459,958

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 705,490 870,958

9. Secured debts

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Mortgage 705,490 870,958

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £1 1 1