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REGISTERED NUMBER: 05391378 (England and Wales)















Q3 APARTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023






Q3 APARTMENTS LIMITED (REGISTERED NUMBER: 05391378)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Q3 APARTMENTS LIMITED

COMPANY INFORMATION
for the year ended 30 September 2023







DIRECTORS: M A Joyce
S B Murphy
P Yim
Ms E K L Yim
M Y L Heung
D S Mann
N P Morrin
G C Turrell





SECRETARY: M A Joyce





REGISTERED OFFICE: 5-7 Mill Fold
Mill Fold Way
Sowerby Bridge
West Yorkshire
HX6 4DJ





REGISTERED NUMBER: 05391378 (England and Wales)





ACCOUNTANTS: SMH Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

Q3 APARTMENTS LIMITED (REGISTERED NUMBER: 05391378)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 697 1,115

CURRENT ASSETS
Stocks 3,251 3,792
Debtors 5 135,334 43,471
Cash at bank and in hand 57,726 80,567
196,311 127,830
CREDITORS
Amounts falling due within one year 6 (144,557 ) (88,301 )
NET CURRENT ASSETS 51,754 39,529
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,451

40,644

CAPITAL AND RESERVES
Called up share capital 77 77
Sinking fund 50,993 33,295
Retained earnings 1,381 7,272
SHAREHOLDERS' FUNDS 52,451 40,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 1 October 2024 and were signed on its behalf by:



S B Murphy - Director


Q3 APARTMENTS LIMITED (REGISTERED NUMBER: 05391378)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2023


1. STATUTORY INFORMATION

Q3 Apartments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Service charges are included in the period they relate to, excluding discounts and value added tax.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.)

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors and accruals are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Q3 APARTMENTS LIMITED (REGISTERED NUMBER: 05391378)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 7,344
DEPRECIATION
At 1 October 2022 6,229
Charge for year 418
At 30 September 2023 6,647
NET BOOK VALUE
At 30 September 2023 697
At 30 September 2022 1,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 43,799 4,271
Other debtors 91,535 39,200
135,334 43,471

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 139,313 80,651
Taxation and social security 1,761 243
Other creditors 3,483 7,407
144,557 88,301