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REGISTERED NUMBER: 10201475 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

QED INTERIM INVESTMENTS LIMITED

QED INTERIM INVESTMENTS LIMITED (REGISTERED NUMBER: 10201475)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


QED INTERIM INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R A Gilbert
C J Gilbert
M A Nicholson
M J Saunders
R Whittaker





REGISTERED OFFICE: 80 Manor Road
Lancing
BN15 0HD





REGISTERED NUMBER: 10201475 (England and Wales)





ACCOUNTANTS: Galloways Accounting Limited
15 West Street
Brighton
East Sussex
BN1 2RL

QED INTERIM INVESTMENTS LIMITED (REGISTERED NUMBER: 10201475)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 1,915,914 2,629,942
Cash at bank 266,551 350,833
2,182,465 2,980,775
CREDITORS
Amounts falling due within one year 5 (569,585 ) (1,124,646 )
NET CURRENT ASSETS 1,612,880 1,856,129
TOTAL ASSETS LESS CURRENT LIABILITIES 1,612,880 1,856,129

CREDITORS
Amounts falling due after more than one year 6 (1,137,861 ) (1,579,178 )

PROVISIONS FOR LIABILITIES 7 (329,415 ) (108,490 )
NET ASSETS 145,604 168,461

CAPITAL AND RESERVES
Called up share capital 1,175 1,175
Retained earnings 144,429 167,286
145,604 168,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 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 5 June 2025 and were signed on its behalf by:





M A Nicholson - Director


QED INTERIM INVESTMENTS LIMITED (REGISTERED NUMBER: 10201475)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

QED Interim Investments 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.

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

Turnover substantially compromises of finance lease interest income which is credited to the Income Statement over the contractual life of each contract. The interest income is allocated to accounting periods so as to reflect a constant periodic rate of return on the company's net investment outstanding in respect of leases.

Taxation
Taxation for the year 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 year 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.

Leases
Amounts due from lessees under finance leases are recognised as receivables at the amount of the company's net investment in the leases.

Provisions
Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present
obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.
Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period which it arises.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 142,457 -
Amounts receivable in respect of finance leases 502,210 878,882
Other debtors 37,663 37,663
Tax 12,240 12,240
Prepayments 22,397 -
716,967 928,785

QED INTERIM INVESTMENTS LIMITED (REGISTERED NUMBER: 10201475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Amounts receivable in respect of finance leases 1,198,947 1,701,157

Aggregate amounts 1,915,914 2,629,942

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 441,317 970,985
Trade creditors 23,001 -
Amounts owed to associates 50,000 125,000
Taxation and social security 35,898 1,400
Other creditors 19,369 27,261
569,585 1,124,646

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,137,861 1,579,178

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 112,016

Security in the form of a first charge over the finance lease receivables of the company has been given in respect of bank loans.

7. PROVISIONS FOR LIABILITIES

A provision of £329,415 (2023: £108,490) has been recognised for deconstruction costs relating to the breakdown and transportation of container joins.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company was owed £37,663 (2023: £37,663) by the director M J Saunders. The amount advanced was interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

Amounts due to related parties

Due to associated companies 2024: £50,000 (2023: £125,000)