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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
Page
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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
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1st Quay Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,566 
3,502 
Current assets
Debtors
87,768 
57,707 
Cash at bank and in hand
80,090 
138,325 
167,858 
196,032 
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 
Capital and reserves
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
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1st Quay Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 31 October 2023
2,155 
46,184 
2,227 
50,566 
At 31 October 2022
1,009 
- 
2,493 
3,502 
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1st Quay Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
80,280 
52,717 
Amounts falling due after more than one year
Other debtors
7,488 
4,990 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
18,126 
21,960 
Trade creditors
1,697 
447 
Taxes and social security
31,164 
45,422 
Loans from directors
(45,721)
(2,913)
Accruals
2,500 
2,000 
7,766 
66,916 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,021 
52,922 
Other creditors
(29,634)
(63,286)
8,387 
(10,364)
8
Share capital
2023 
2022 
£ 
£ 
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).
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