QUIET LIFE PROPERTIES LIMITED

Company Registration Number:
08290205 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

QUIET LIFE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6

QUIET LIFE PROPERTIES LIMITED

Company Information

for the Period Ended 30 November 2024




Director: James Brinton
Christopher Brinton
Registered office: 20
Jade Drive
Hagley
Stourbridge
West Midlands
England
DY9 0WL
Company Registration Number: 08290205 (England and Wales)

QUIET LIFE PROPERTIES LIMITED

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 3,320 1,089
Total current assets: 3,320 1,089
Creditors: amounts falling due within one year: ( 1,666 ) ( 611 )
Net current assets (liabilities): 1,654 478
Total assets less current liabilities: 1,654 478
Total net assets (liabilities): 1,654 478

The notes form part of these financial statements

QUIET LIFE PROPERTIES LIMITED

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 1,650 474
Shareholders funds: 1,654 478

For the year ending 30 November 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 March 2025
And Signed On Behalf Of The Board By:

Name: James Brinton
Status: Director

Name: Christopher Brinton
Status: Director

The notes form part of these financial statements

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 yearend 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.

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    At the balance sheet date the company has no employees other than the directors

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Dividends


2024
£

2023
£
Dividends paid 1,000 3,000

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5.1. Loans to Directors

Name of director receiving advance or credit: James Brinton
Description of the transaction:
The balance on Mr J Brinton's directors loan account at the end of the year was £589 (2023: £50) due from the company. This amount is included within Creditors: Amounts falling due within one year.
Balance at 01 December 2023 ( 50 )
Advances or credits made: 500
Advances or credits repaid: 1,039
Balance at 30 November 2024 ( 589 )

Name of director receiving advance or credit: Christopher Brinton
Description of the transaction:
The balance on Mr C Brinton's directors loan account at the end of the year was £567 (2023: £26) due from the company. This amount is included within Creditors: Amounts falling due within one year.
Balance at 01 December 2023 ( 26 )
Advances or credits made: 500
Advances or credits repaid: 1,041
Balance at 30 November 2024 ( 567 )

QUIET LIFE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6.1.Related party disclosures

Name of related party: Mr James Brinton
Description of relationship:
Director of the company
Description of the transaction:
During the year the company has made employers pension contributions for the director of £2,150 (2023: £2,100)

Name of related party: Mr Christopher Brinton
Description of relationship:
Director of the company
Description of the transaction:
During the year the company has made employers pension contributions for the director of £2,150 (2023: £2,100)