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REGISTERED NUMBER: 12263581 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023

FOR

THE FIFTH QUARTER LIMITED

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE FIFTH QUARTER LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023







DIRECTORS: Mrs A Vijay Kumar Lodha
V K L Navarathan





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 12263581 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

BALANCE SHEET
30 OCTOBER 2023

2023 2022
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 10,230 12,034
Investments 5 107,685 107,685
Investment property 6 573,041 553,041
690,956 672,760

CURRENT ASSETS
Debtors 7 95,740 140,087
Cash at bank 4,408 3,857
100,148 143,944
CREDITORS
Amounts falling due within one year 8 434,524 453,777
NET CURRENT LIABILITIES (334,376 ) (309,833 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,580

362,927

CREDITORS
Amounts falling due after more than one
year

9

(354,144

)

(363,256

)

PROVISIONS FOR LIABILITIES (4,325 ) -
NET LIABILITIES (1,889 ) (329 )

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 15,000 -
Retained earnings (16,989 ) (429 )
(1,889 ) (329 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

BALANCE SHEET - continued
30 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





V K L Navarathan - Director


THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023

1. STATUTORY INFORMATION

The Fifth Quarter Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period end 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2022
and 30 October 2023 14,518
DEPRECIATION
At 1 November 2022 2,484
Charge for period 1,804
At 30 October 2023 4,288
NET BOOK VALUE
At 30 October 2023 10,230
At 31 October 2022 12,034

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022
and 30 October 2023 107,685
NET BOOK VALUE
At 30 October 2023 107,685
At 31 October 2022 107,685

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 553,041
Revaluations 20,000
At 30 October 2023 573,041
NET BOOK VALUE
At 30 October 2023 573,041
At 31 October 2022 553,041

Fair value at 30 October 2023 is represented by:
£   
Valuation in 2023 20,000
Cost 553,041
573,041

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023

6. INVESTMENT PROPERTY - continued

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 553,041 553,041

Investment properties were valued on an open market basis on 30 October 2023 by the Directors .

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 91,951 139,412
Deferred tax asset - 675
91,951 140,087

Amounts falling due after more than one year:
Amounts owed by group undertakings 3,789 -

Aggregate amounts 95,740 140,087

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 118
Other creditors 150,000 150,000
Directors' current accounts 273,084 292,084
Accrued expenses 1,440 1,575
434,524 453,777

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 16,721 25,833
Other loans more 5yrs non-inst 337,423 337,423
354,144 363,256

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 337,423 337,423

THE FIFTH QUARTER LIMITED (REGISTERED NUMBER: 12263581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 OCTOBER 2023

10. RESERVES
Revaluation
reserve
£   
Movement in fair value 20,000
Deferred tax (5,000 )

At 30 October 2023 15,000