Company Registration No. 15891714 (England and Wales)
Quaystone Group Ltd
Unaudited accounts
for the period from 12 August 2024 to 28 February 2025
Quaystone Group Ltd
Unaudited accounts
Contents
Quaystone Group Ltd
Company Information
for the period from 12 August 2024 to 28 February 2025
Company Number
15891714 (England and Wales)
Registered Office
Springside
Forest Road
East Horsley
Leatherhead
Surrey
KT24 5AZ
England
Quaystone Group Ltd
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
500
Creditors: amounts falling due within one year
(500)
Called up share capital
200
Profit and loss account
750,000
Shareholders' funds
750,200
For the period ending 28 February 2025 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 10 March 2025 and were signed on its behalf by
J W Traynor
Director
Company Registration No. 15891714
Quaystone Group Ltd
Notes to the Accounts
for the period from 12 August 2024 to 28 February 2025
Quaystone Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15891714. The registered office is Springside, Forest Road, East Horsley, Leatherhead, Surrey, KT24 5AZ, England.
These financial statements are the first financial statements that comply with FRS 102 Section 1A.
Going concern justification
The financial statements have been prepared on the going concern basis, which assumes that the company will be able to meet its liabilities as they fall due with support from its subsidiary.
Any impairment in the unquoted investment will be recognised in arriving at the profit before tax.
3
Investments
Subsidiary undertakings
Valuation at 12 August 2024
-
Valuation at 28 February 2025
750,000
The company's investments at the balance sheet date is the purchase price for 25% of the £1 Ordinary share capital of an unquoted company, Quaystone Holdings Ltd, the remaining 75% being funded through a share for share exchange. The consideration for newly allotted shares in the company was entirely provided by the transfer of £1 Ordinary shares in Quaystone Holdings Ltd to the company.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
Amounts owed to group undertakings and other participating interests
500
6
Transactions with related parties
The following material transactions with related parties have not been conducted under normal market conditions:
The amounts owed to group undertakings of £500 comprise loans from the company's subsidiary Quaystone Holdings Ltd. This balance is repayable on demand and is not chargeable to interest.
7
Average number of employees
During the period the average number of employees was 0.