Company Registration No. 11398579 (England and Wales)
PQ PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 June 2024
PQ PROPERTIES LIMITED
Unaudited accounts
Contents
PQ PROPERTIES LIMITED
Company Information
for the year ended 30 June 2024
Directors
Olga KUDRYAVTSEVA
Ekaterina V NEWMAN
Company Number
11398579 (England and Wales)
Registered Office
Ormond House
26/27 Boswell Street
Suite 2
London
WC1N 3JZ
United Kingdom
PQ PROPERTIES LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
14,075
620,299
Cash at bank and in hand
1,014,542
412,317
Creditors: amounts falling due within one year
(19,679)
(28,575)
Net current assets
1,003,420
387,776
Total assets less current liabilities
1,017,495
1,008,075
Creditors: amounts falling due after more than one year
(989,747)
(992,747)
Called up share capital
100
100
Profit and loss account
27,648
15,228
Shareholders' funds
27,748
15,328
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by
Ekaterina V NEWMAN
Director
Company Registration No. 11398579
PQ PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
PQ PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11398579. The registered office is Ormond House, 26/27 Boswell Street, Suite 2, London, WC1N 3JZ, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
616,765
3,534
620,299
Disposals
-
(3,534)
(3,534)
Transfer to investment property
(602,690)
-
(602,690)
At 30 June 2024
14,075
-
14,075
At 30 June 2024
14,075
-
14,075
At 30 June 2023
616,765
3,534
620,299
Amounts falling due within one year
Accrued income and prepayments
1,642
887
PQ PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
14,568
21,611
Taxes and social security
2,913
3,572
Loans from directors
198
492
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
989,747
992,747
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Average number of employees
During the year the average number of employees was 2 (2023: 2).