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REGISTERED NUMBER: 07828069 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

WATERSIDE QUAY LIMITED

WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WATERSIDE QUAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mrs J Welply





SECRETARY: Mrs C V Price





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 07828069 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 537 945
Investments 5 285,157 286,943
285,694 287,888

CURRENT ASSETS
Debtors 6 - 753
Cash at bank and in hand 43,968 71,018
43,968 71,771
CREDITORS
Amounts falling due within one year 7 267,611 301,043
NET CURRENT LIABILITIES (223,643 ) (229,272 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,051

58,616

PROVISIONS FOR LIABILITIES 8 102 179
NET ASSETS 61,949 58,437

CAPITAL AND RESERVES
Called up share capital 9 90 90
Retained earnings 61,859 58,347
SHAREHOLDERS' FUNDS 61,949 58,437

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

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

The director acknowledges her 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.

WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 July 2024 and were signed by:





Mrs J Welply - Director


WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Waterside Quay 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.

Turnover
Turnover represents realised gains and losses on fixed asset investments.

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 fittings - 25% on cost
Computer equipment - 25% on cost

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.

Listed investments
Listed investments are stated at Market Value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 921 4,730 5,651
DEPRECIATION
At 1 January 2023 921 3,785 4,706
Charge for year - 408 408
At 31 December 2023 921 4,193 5,114
NET BOOK VALUE
At 31 December 2023 - 537 537
At 31 December 2022 - 945 945

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST OR VALUATION
At 1 January 2023 286,943
Additions 2,500
Revaluations (4,286 )
At 31 December 2023 285,157
NET BOOK VALUE
At 31 December 2023 285,157
At 31 December 2022 286,943

Cost or valuation at 31 December 2023 is represented by:

Other
investment
£   
Valuation in 2021 29,824
Valuation in 2022 (145,400 )
Valuation in 2023 (5,746 )
Cost 406,479
285,157

Market value of listed investments at 31 December 2022 - £286,943

WATERSIDE QUAY LIMITED (REGISTERED NUMBER: 07828069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors - 753

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security - 934
Other creditors 267,611 300,109
267,611 301,043

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 102 179

Deferred
tax
£   
Balance at 1 January 2023 179
Provided during year (77 )
Balance at 31 December 2023 102

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
45 Ordinary A £1 45 45
45 Ordinary B £1 45 45
90 90

10. RELATED PARTY DISCLOSURES

The Directors maintain an interest free current account with the company. At the balance sheet date, the company owed £265,931 (2022: £298,259) to the directors.

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.