2022-12-012023-11-302023-11-30false11066461QUERCUS INVESTMENTS LONDON LTD2024-08-20iso4217:GBPxbrli:pure110664612022-12-01110664612023-11-30110664612022-12-012023-11-30110664612021-12-01110664612022-11-30110664612021-12-012022-11-3011066461bus:SmallEntities2022-12-012023-11-3011066461bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3011066461bus:FullAccounts2022-12-012023-11-3011066461bus:PrivateLimitedCompanyLtd2022-12-012023-11-3011066461core:WithinOneYear2023-11-3011066461core:AfterOneYear2023-11-3011066461core:WithinOneYear2022-11-3011066461core:AfterOneYear2022-11-3011066461core:ShareCapital2023-11-3011066461core:SharePremium2023-11-3011066461core:RevaluationReserve2023-11-3011066461core:OtherReservesSubtotal2023-11-3011066461core:RetainedEarningsAccumulatedLosses2023-11-3011066461core:ShareCapital2022-11-3011066461core:SharePremium2022-11-3011066461core:RevaluationReserve2022-11-3011066461core:OtherReservesSubtotal2022-11-3011066461core:RetainedEarningsAccumulatedLosses2022-11-3011066461core:LandBuildings2023-11-3011066461core:PlantMachinery2023-11-3011066461core:Vehicles2023-11-3011066461core:FurnitureFittings2023-11-3011066461core:OfficeEquipment2023-11-3011066461core:NetGoodwill2023-11-3011066461core:IntangibleAssetsOtherThanGoodwill2023-11-3011066461core:ListedExchangeTraded2023-11-3011066461core:UnlistedNon-exchangeTraded2023-11-3011066461core:LandBuildings2022-11-3011066461core:PlantMachinery2022-11-3011066461core:Vehicles2022-11-3011066461core:FurnitureFittings2022-11-3011066461core:OfficeEquipment2022-11-3011066461core:NetGoodwill2022-11-3011066461core:IntangibleAssetsOtherThanGoodwill2022-11-3011066461core:ListedExchangeTraded2022-11-3011066461core:UnlistedNon-exchangeTraded2022-11-3011066461core:LandBuildings2022-12-012023-11-3011066461core:PlantMachinery2022-12-012023-11-3011066461core:Vehicles2022-12-012023-11-3011066461core:FurnitureFittings2022-12-012023-11-3011066461core:OfficeEquipment2022-12-012023-11-3011066461core:NetGoodwill2022-12-012023-11-3011066461core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011066461core:ListedExchangeTraded2022-12-012023-11-3011066461core:UnlistedNon-exchangeTraded2022-12-012023-11-3011066461core:MoreThanFiveYears2022-12-012023-11-3011066461core:Non-currentFinancialInstruments2023-11-3011066461core:Non-currentFinancialInstruments2022-11-3011066461dpl:CostSales2022-12-012023-11-3011066461dpl:DistributionCosts2022-12-012023-11-3011066461core:LandBuildings2022-12-012023-11-3011066461core:PlantMachinery2022-12-012023-11-3011066461core:Vehicles2022-12-012023-11-3011066461core:FurnitureFittings2022-12-012023-11-3011066461core:OfficeEquipment2022-12-012023-11-3011066461dpl:AdministrativeExpenses2022-12-012023-11-3011066461core:NetGoodwill2022-12-012023-11-3011066461core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011066461dpl:GroupUndertakings2022-12-012023-11-3011066461dpl:ParticipatingInterests2022-12-012023-11-3011066461dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3011066461core:ListedExchangeTraded2022-12-012023-11-3011066461dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3011066461core:UnlistedNon-exchangeTraded2022-12-012023-11-3011066461dpl:CostSales2021-12-012022-11-3011066461dpl:DistributionCosts2021-12-012022-11-3011066461core:LandBuildings2021-12-012022-11-3011066461core:PlantMachinery2021-12-012022-11-3011066461core:Vehicles2021-12-012022-11-3011066461core:FurnitureFittings2021-12-012022-11-3011066461core:OfficeEquipment2021-12-012022-11-3011066461dpl:AdministrativeExpenses2021-12-012022-11-3011066461core:NetGoodwill2021-12-012022-11-3011066461core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3011066461dpl:GroupUndertakings2021-12-012022-11-3011066461dpl:ParticipatingInterests2021-12-012022-11-3011066461dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3011066461core:ListedExchangeTraded2021-12-012022-11-3011066461dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3011066461core:UnlistedNon-exchangeTraded2021-12-012022-11-3011066461core:NetGoodwill2023-11-3011066461core:IntangibleAssetsOtherThanGoodwill2023-11-3011066461core:LandBuildings2023-11-3011066461core:PlantMachinery2023-11-3011066461core:Vehicles2023-11-3011066461core:FurnitureFittings2023-11-3011066461core:OfficeEquipment2023-11-3011066461core:AfterOneYear2023-11-3011066461core:WithinOneYear2023-11-3011066461core:ListedExchangeTraded2023-11-3011066461core:UnlistedNon-exchangeTraded2023-11-3011066461core:ShareCapital2023-11-3011066461core:SharePremium2023-11-3011066461core:RevaluationReserve2023-11-3011066461core:OtherReservesSubtotal2023-11-3011066461core:RetainedEarningsAccumulatedLosses2023-11-3011066461core:NetGoodwill2022-11-3011066461core:IntangibleAssetsOtherThanGoodwill2022-11-3011066461core:LandBuildings2022-11-3011066461core:PlantMachinery2022-11-3011066461core:Vehicles2022-11-3011066461core:FurnitureFittings2022-11-3011066461core:OfficeEquipment2022-11-3011066461core:AfterOneYear2022-11-3011066461core:WithinOneYear2022-11-3011066461core:ListedExchange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QUERCUS INVESTMENTS LONDON LTD

Registered Number
11066461
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

QUERCUS INVESTMENTS LONDON LTD
Company Information
for the year from 1 December 2022 to 30 November 2023

Directors

HILL, Christopher
HILL, Emily

Registered Address

Grove House
2 Woodberry Grove
London
N12 0DR

Registered Number

11066461 (England and Wales)
QUERCUS INVESTMENTS LONDON LTD
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3366,253366,253
366,253366,253
Current assets
Debtors11
Cash at bank and on hand5,4868,477
5,4878,478
Creditors amounts falling due within one year4(917)(162,017)
Net current assets (liabilities)4,570(153,539)
Total assets less current liabilities370,823212,714
Creditors amounts falling due after one year5(365,572)(204,572)
Net assets5,2518,142
Capital and reserves
Called up share capital100-
Profit and loss account5,1518,142
Shareholders' funds5,2518,142
The financial statements were approved and authorised for issue by the Board of Directors on 20 August 2024, and are signed on its behalf by:
HILL, Christopher
Director
HILL, Emily
Director

Registered Company No. 11066461
QUERCUS INVESTMENTS LONDON LTD
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and 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 (£).
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover represents rents receivable from the investment properties owned by company. Rents are recognised up to the year end date.
Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investments
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.
2.Average number of employees

20232022
Average number of employees during the year22
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 December 22366,253366,253
At 30 November 23366,253366,253
Net book value
At 30 November 23366,253366,253
At 30 November 22366,253366,253
4.Creditors: amounts due within one year

2023

2022

££
Bank borrowings and overdrafts413161,513
Accrued liabilities and deferred income504504
Total917162,017
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts204,572204,572
Other creditors161,000-
Total365,572204,572