Company registration number: 11576615
Unaudited financial statements
for the period ended 31 March 2024
for
Quilson Limited
Pages for filing with the Registrar
Company registration number: 11576615
Quilson Limited
Balance sheet
as at 31 March 2024
31 Mar 24 30 Sep 23
Note £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 331 1,847
Investments 6 175,666 114,454
175,997 116,301
Current assets
Debtors 3,557 1,688
Cash at bank and in hand 216,820 244,281
220,377 245,969
Creditors: amounts falling due within
one year
(59,016) (40,852)
Net current assets 161,361 205,117
Total assets less current liabilities 337,358 321,418
NET ASSETS 337,358 321,418
Capital and reserves
Called up share capital 20 20
Profit and loss account 337,338 321,398
TOTAL EQUITY 337,358 321,418
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11576615
Quilson Limited
Balance sheet - continued
as at 31 March 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs C Stevenson-Hamilton, Director
10 October 2024
2
Quilson Limited
Notes to the financial statements
for the period ended 31 March 2024
1 Company information
The company is registered in England and Wales. Its registered number is 11576615. The company is limited by shares. Its registered office is Acre House, 11/15 William Road, London, NW1 3ER.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Development costs - 33.33% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 33.33% straight line
Fixtures & fittings - 33.33% straight line
3
Quilson Limited
Notes to the financial statements - continued
for the period ended 31 March 2024
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 Average number of employees
During the period the average number of employees was 1 (2023 - 1).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 October 2023 12,000
At 31 March 2024 12,000
Amortisation
At 1 October 2023 12,000
At 31 March 2024 12,000
Net book value
At 31 March 2024 -
At 30 September 2023 -
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2023 9,924
At 31 March 2024 9,924
4
Quilson Limited
Notes to the financial statements - continued
for the period ended 31 March 2024
5 Tangible fixed assets - continued
Depreciation
At 1 October 2023 8,077
Charge for period 1,516
At 31 March 2024 9,593
Net book value
At 31 March 2024 331
At 30 September 2023 1,847
6 Fixed asset investments
Investments other than loans
Other

investments
other than lo
£
Cost
At 1 October 2023 114,454
Additions 51,993
Revaluations 9,219
At 31 March 2024 175,666
Net book value
At 31 March 2024 175,666
At 30 September 2023 114,454
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