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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
Page
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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
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PQ PROPERTIES LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,075 
620,299 
Current assets
Debtors
8,557 
4,034 
Cash at bank and in hand
1,014,542 
412,317 
1,023,099 
416,351 
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)
Net assets
27,748 
15,328 
Capital and reserves
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
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PQ PROPERTIES LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25%
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 
Depreciation
At 30 June 2024
- 
- 
- 
Net book value
At 30 June 2024
14,075 
- 
14,075 
At 30 June 2023
616,765 
3,534 
620,299 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,915 
3,147 
Accrued income and prepayments
1,642 
887 
8,557 
4,034 
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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 
Accruals
2,000 
2,900 
19,679 
28,575 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
989,747 
992,747 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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