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Unaudited Financial Statements

for the Period

14 November 2022 to 30 November 2023

for

Quarry Hill SPV Limited

Quarry Hill SPV Limited (Registered number: 14482517)

Contents of the Financial Statements
for the Period 14 November 2022 to 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Quarry Hill SPV Limited

Company Information
for the Period 14 November 2022 to 30 November 2023







DIRECTORS: N Marquez Arnedo
M Egan-Wyer





REGISTERED OFFICE: 8-10 South Street
Epsom
Surrey
KT18 7PF





REGISTERED NUMBER: 14482517 (England and Wales)





ACCOUNTANTS: Williams & Co Epsom LLP
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF

Quarry Hill SPV Limited (Registered number: 14482517)

Balance Sheet
30 November 2023

Notes £   
CURRENT ASSETS
Stocks 858,709
Debtors 4 551,145
Cash at bank and in hand 110
1,409,964
CREDITORS
Amounts falling due within one year 5 861,501
NET CURRENT ASSETS 548,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

548,463

CREDITORS
Amounts falling due after more than one
year

6

548,394
NET ASSETS 69

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings (31 )
SHAREHOLDERS' FUNDS 69

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2024 and were signed on its behalf by:




M Egan-Wyer - Director



N Marquez Arnedo - Director


Quarry Hill SPV Limited (Registered number: 14482517)

Notes to the Financial Statements
for the Period 14 November 2022 to 30 November 2023


1. STATUTORY INFORMATION

Quarry Hill SPV 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 551,145

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 611,501
Directors' current accounts 250,000
861,501

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans - 1-2 years 548,394

Quarry Hill SPV Limited (Registered number: 14482517)

Notes to the Financial Statements - continued
for the Period 14 November 2022 to 30 November 2023


7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 548,394

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the board of directors.