Company Registration No. 08715392 (England and Wales)
1st Quay Limited
Unaudited accounts
for the year ended 31 October 2023
1st Quay Limited
Unaudited accounts
Contents
1st Quay Limited
Company Information
for the year ended 31 October 2023
Directors
Georgina Leighton
Gregory Hugh Leighton
Company Number
08715392 (England and Wales)
Registered Office
5 Godwin Close
Emsworth
Hampshire
PO10 7XT
England
1st Quay Limited
Statement of financial position
as at 31 October 2023
Tangible assets
50,566
3,502
Cash at bank and in hand
80,090
138,325
Creditors: amounts falling due within one year
(7,766)
(66,916)
Net current assets
160,092
129,116
Total assets less current liabilities
210,658
132,618
Creditors: amounts falling due after more than one year
(8,387)
10,364
Net assets
202,271
142,982
Called up share capital
2
2
Profit and loss account
202,269
142,980
Shareholders' funds
202,271
142,982
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by
Georgina Leighton
Director
Company Registration No. 08715392
1st Quay Limited
Notes to the Accounts
for the year ended 31 October 2023
1st Quay Limited is a private company, limited by shares, registered in England and Wales, registration number 08715392. The registered office is 5 Godwin Close, Emsworth, Hampshire, PO10 7XT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,500
-
3,920
5,420
Additions
1,678
53,290
266
55,234
At 31 October 2023
3,178
53,290
4,186
60,654
At 1 November 2022
491
-
1,427
1,918
Charge for the year
532
7,106
532
8,170
At 31 October 2023
1,023
7,106
1,959
10,088
At 31 October 2023
2,155
46,184
2,227
50,566
At 31 October 2022
1,009
-
2,493
3,502
1st Quay Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
80,280
52,717
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
31,164
45,422
Loans from directors
(45,721)
(2,913)
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
(29,634)
(63,286)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 13 (2022: 13).