Registered number
10010343
Quadrant Estates (Stevenage) Limited
Unaudited Filleted Accounts
31 March 2024
Quadrant Estates (Stevenage) Limited
Registered number: 02118645
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 3,317 10,824
Cash at bank and in hand 16,094 7,713
19,411 18,537
Creditors: amounts falling due within one year 4 (960) (960)
Net current assets 18,451 17,577
Net assets 18,451 17,577
Capital and reserves
Called up share capital 14 14
General reserve fund 5 8,606 6,985
Profit and loss account 9,831 10,578
Shareholders' funds 18,451 17,577
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Fattouche
Director
Approved by the board on 24 September 2024
Quadrant Estates (Stevenage) Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
General reserve fund
The general reserve fund has been established to provide funds in order to pay for repairs which are expected to arise in the future. The present level of the fund may prove insufficient, given the
uncertainty as to when such costs may arise.

Any shortfall in this fund resulting from expenditure incurred will be charged to the profit and loss
account in that year.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Trade debtors 3,317 10,824
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 960 960
5 General reserve fund 2024 2023
£ £
At 1 April 2023 6,985 6,076
Allocation during the year 1,621 909
At 31 March 2024 8,606 6,985
6 Controlling party
The freeholders jointly own 100% of the share capital of the company. No one freeholder has a majority holding.
7 Other information
Quadrant Estates (Stevenage) Limited is a private company limited by shares and incorporated in England. Its registered office is:
16 Aylmer Parade
Aylmer Road
London
N2 0PE
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