QUEENSFERRY RETAIL LTD

Company Registration Number:
SC697981 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

QUEENSFERRY RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

QUEENSFERRY RETAIL LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 62,802 71,773
Total fixed assets: 62,802 71,773
Current assets
Stocks: 61,338 49,671
Debtors:   48,937 48,937
Cash at bank and in hand: 8,462 11,886
Total current assets: 118,737 110,494
Creditors: amounts falling due within one year:   (39,086) (70,235)
Net current assets (liabilities): 79,651 40,259
Total assets less current liabilities: 142,453 112,032
Total net assets (liabilities): 142,453 112,032
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 142,353 111,932
Shareholders funds: 142,453 112,032

The notes form part of these financial statements

QUEENSFERRY RETAIL LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 February 2025
and signed on behalf of the board by:

Name: Mr Muhammad Aslam
Status: Director

The notes form part of these financial statements

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 12 11

QUEENSFERRY RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 89,715
At 31 May 2024 89,715
Amortisation
At 01 June 2023 17,942
Charge for year 8,971
At 31 May 2024 26,913
Net book value
At 31 May 2024 62,802
At 31 May 2023 71,773