Company Registration No. 07076580 (England and Wales)
Quayside Trading Limited
Unaudited accounts
for the year ended 31 December 2024
Quayside Trading Limited
Unaudited accounts
Contents
Quayside Trading Limited
Company Information
for the year ended 31 December 2024
Company Number
07076580 (England and Wales)
Registered Office
16 Melbourne Avenue
Stretford
Manchester
M32 0DE
United Kingdom
Accountants
Rebecca Williams Accountants Limited
62 Derbyshire Road
Sale
M33 3EL
Quayside Trading Limited
Statement of financial position
as at 31 December 2024
Tangible assets
39,803
46,431
Cash at bank and in hand
18,885
22,623
Creditors: amounts falling due within one year
(43,946)
(39,566)
Net current (liabilities)/assets
(5,794)
458
Total assets less current liabilities
34,009
46,889
Creditors: amounts falling due after more than one year
(33,966)
(46,745)
Called up share capital
10
10
Profit and loss account
33
134
Shareholders' funds
43
144
For the year ending 31 December 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 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 2 June 2025 and were signed on its behalf by
Iain Mairs
Director
Company Registration No. 07076580
Quayside Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
Quayside Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 07076580. The registered office is 16 Melbourne Avenue, Stretford, Manchester, M32 0DE, 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.
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:
Plant & machinery
25% Straight line
Motor vehicles
15% Reducing balance
Fixtures & fittings
33% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
12,553
48,180
60,733
At 31 December 2024
15,625
48,180
63,805
At 1 January 2024
8,881
5,421
14,302
Charge for the year
2,474
7,226
9,700
At 31 December 2024
11,355
12,647
24,002
At 31 December 2024
4,270
35,533
39,803
At 31 December 2023
3,672
42,759
46,431
Quayside Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
166
-
Other debtors
19,101
17,401
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,694
14,412
Obligations under finance leases and hire purchase contracts
5,340
4,005
Taxes and social security
24,025
20,916
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
26,994
33,670
8
Transactions with related parties
During the financial year, the company engaged in the following related party transactions:
Directors Loan accounts
At the balance sheet date, loans to directors amounting to £9,231 remain unpaid. This balance is included within Other debtors.
No interest is charged on the loan.
Loans to Participators
At the balance sheet date, loans to participators amounting to £9,656 remain unpaid. This balance is included within Other debtors.
No interest is charged on this loan.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).