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Company Registration No. 04815507 (England and Wales)
Quayline Ltd Unaudited accounts for the year ended 5 April 2024
Quayline Ltd Company Information for the year ended 5 April 2024
Director
M S Shaw
Company Number
04815507 (England and Wales)
Registered Office
2 Locksley Close Torquay Devon TQ1 3HQ
Accountants
MA and AM Locke Accountants 2 Locksley Close Torquay Devon TQ1 3HQ
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Quayline Ltd Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,596 
13,759 
Current assets
Debtors
22 
5,396 
Cash at bank and in hand
57,732 
72,324 
57,754 
77,720 
Creditors: amounts falling due within one year
(6,368)
(14,270)
Net current assets
51,386 
63,450 
Net assets
64,982 
77,209 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
64,980 
77,207 
Shareholders' funds
64,982 
77,209 
For the year ending 5 April 2024 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 director acknowledges his 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 and authorised for issue on 10 October 2024 and were signed on its behalf by
M S Shaw Director Company Registration No. 04815507
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Quayline Ltd Notes to the Accounts for the year ended 5 April 2024
1
Statutory information
Quayline Ltd is a private company, limited by shares, registered in England and Wales, registration number 04815507. The registered office is 2 Locksley Close, Torquay, Devon, TQ1 3HQ.
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.
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:
Land & buildings
No depreciation
Motor vehicles
20% Reducing balance
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 6 April 2023
12,768 
6,743 
4,500 
24,011 
At 5 April 2024
12,768 
6,743 
4,500 
24,011 
Depreciation
At 6 April 2023
- 
6,033 
4,219 
10,252 
Charge for the year
- 
107 
56 
163 
At 5 April 2024
- 
6,140 
4,275 
10,415 
Net book value
At 5 April 2024
12,768 
603 
225 
13,596 
At 5 April 2023
12,768 
710 
281 
13,759 
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Quayline Ltd Notes to the Accounts for the year ended 5 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
22 
11 
Other debtors
- 
5,385 
22 
5,396 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
689 
2,582 
Loans from directors
4,879 
10,938 
Accruals
800 
750 
6,368 
14,270 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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