Company Registration No. 09435479 (England and Wales)
Quercus Building Solutions Limited
Unaudited accounts
for the year ended 29 February 2024
Quercus Building Solutions Limited
Unaudited accounts
Contents
Quercus Building Solutions Limited
Company Information
for the year ended 29 February 2024
Director
Mr Dominic Frances-Smith
Company Number
09435479 (England and Wales)
Registered Office
Govorrow Farm
Gwennap
Redruth
CORNWALL
TR16 6BW
Quercus Building Solutions Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
6,373
2,160
Creditors: amounts falling due within one year
(95,842)
(119,836)
Net current liabilities
(89,469)
(117,676)
Total assets less current liabilities
(80,319)
(117,643)
Creditors: amounts falling due after more than one year
(34)
-
Net liabilities
(80,353)
(117,643)
Called up share capital
1
1
Profit and loss account
(80,354)
(117,644)
Shareholders' funds
(80,353)
(117,643)
For the year ending 29 February 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 27 November 2024 and were signed on its behalf by
Mr Dominic Frances-Smith
Director
Company Registration No. 09435479
Quercus Building Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
Quercus Building Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 09435479. The registered office is Govorrow Farm, Gwennap, Redruth, CORNWALL, TR16 6BW.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
27,846
14,270
366
42,482
Additions
-
10,170
-
10,170
At 29 February 2024
27,846
24,440
366
52,652
At 1 March 2023
27,812
14,270
367
42,449
Charge for the year
35
1,018
-
1,053
At 29 February 2024
27,847
15,288
367
43,502
At 29 February 2024
(1)
9,152
(1)
9,150
At 28 February 2023
34
-
(1)
33
Quercus Building Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
95,842
119,836
6
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
34
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).