0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2024 - FRS102_2024 101,000 101,000 101,000 xbrli:pure xbrli:shares iso4217:GBP 12648440 2023-07-01 2024-06-30 12648440 2024-06-30 12648440 2023-06-30 12648440 2022-07-01 2023-06-30 12648440 2023-06-30 12648440 2022-06-30 12648440 bus:Director1 2023-07-01 2024-06-30 12648440 core:WithinOneYear 2024-06-30 12648440 core:WithinOneYear 2023-06-30 12648440 core:ShareCapital 2024-06-30 12648440 core:ShareCapital 2023-06-30 12648440 core:RetainedEarningsAccumulatedLosses 2024-06-30 12648440 core:RetainedEarningsAccumulatedLosses 2023-06-30 12648440 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 12648440 core:Non-currentFinancialInstruments 2024-06-30 12648440 core:Non-currentFinancialInstruments 2023-06-30 12648440 bus:SmallEntities 2023-07-01 2024-06-30 12648440 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12648440 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12648440 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12648440 bus:FullAccounts 2023-07-01 2024-06-30 12648440 core:EntitiesControlledByKeyManagementPersonnel 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 12648440
Q & S PROPERTY LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 June 2024
Q & S PROPERTY LIMITED
STATEMENT OF FINANCIAL POSITION
30 June 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Investments
4
101,000
101,000
CURRENT ASSETS
Cash at bank and in hand
7,625
9,059
CREDITORS: amounts falling due within one year
5
29,304
29,268
---------
---------
NET CURRENT LIABILITIES
21,679
20,209
-----------
-----------
TOTAL ASSETS LESS CURRENT LIABILITIES
79,321
80,791
---------
---------
NET ASSETS
79,321
80,791
---------
---------
Q & S PROPERTY LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 June 2024
2024
2023
Note
£
£
£
£
CAPITAL AND RESERVES
Called up share capital
172
172
Profit and loss account
79,149
80,619
---------
---------
SHAREHOLDERS FUNDS
79,321
80,791
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 17 March 2025 , and are signed on behalf of the board by:
V. L. Kay
Director
Company registration number: 12648440
Q & S PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equitable House, 55 Pellon Lane, Halifax, HX1 5SP, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. INVESTMENTS
Other investments other than loans
£
Cost
At 1 July 2023 and 30 June 2024
101,000
-----------
Impairment
At 1 July 2023 and 30 June 2024
-----------
Carrying amount
At 30 June 2024
101,000
-----------
At 30 June 2023
101,000
-----------
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Other creditors
29,304
29,268
---------
---------
6. RELATED PARTY TRANSACTIONS
During the year certain directors loaned the Company funds on an interest free unsecured basis. These loans were in credit throughout the year and at the year end and were repayable on demand.