Company registration number 10455916 (England and Wales)
QUALITY STUDENT LANDLORDS LTD (QSL) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
QUALITY STUDENT LANDLORDS LTD (QSL) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,864,650
1,884,700
Current assets
934,269
1,032,969
Creditors: amounts falling due within one year
(72,583)
(111,322)
Net current assets
861,686
921,647
Total assets less current liabilities
2,726,336
2,806,347
Creditors: amounts falling due after more than one year
(1,224,173)
(1,224,173)
Net assets
1,502,163
1,582,174
Capital and reserves
1,502,163
1,582,174
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the directors entered into the following advances and credits with the company:
Mrs C Thorne Mr L Thorne
Year ended 31 August 2024
Loan as at 1 September 2023 97,999 84,050
Funds withdrawn/(repaid) (10,223) (30,570)
Loan as at 31 August 2024 £87,776 £53,480
Year ended 31 August 2023
Loan as at 1 September 2022 91,077 71,422
Funds withdrawn/(repaid) 6,922 12,628
Loan as at 31 August 2023 £97,999 £84,050
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Quality Student Landlords Ltd (QSL) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 The Broadwalk, Bexhill on Sea, East Sussex, TN39 4QJ.
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
QUALITY STUDENT LANDLORDS LTD (QSL) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 14 January 2025 and are signed on its behalf by:
Mrs C Thorne
Director
Company registration number 10455916 (England and Wales)