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Registered number: 14895769









CQ MANOR PARK LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2024

 
CQ MANOR PARK LIMITED
REGISTERED NUMBER: 14895769

BALANCE SHEET
AS AT 31 MAY 2024

31 May 2024
Note
£

  

Current assets
  

Stocks
 4 
3,594,203

Debtors: amounts falling due within one year
 5 
11,033

Cash at bank and in hand
 6 
565

  
3,605,801

Creditors: amounts falling due within one year
 7 
(3,617,902)

Net current (liabilities)/assets
  
 
 
(12,101)

  

Net (liabilities)/assets
  
(12,101)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(12,201)

  
(12,101)


Page 1

 
CQ MANOR PARK LIMITED
REGISTERED NUMBER: 14895769
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




Mr J P Quinn
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CQ MANOR PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

CQ Manor Park Limted is a private company limited by shares, incorporated in England and Wales. The registered 
office of the company is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The 
company's principal activity is that of property development. The company was incorporated and started trading on 26 May 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value

The company has undertaken a full review of the value of all its land stock and development projects after 
considering the current market conditions.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
CQ MANOR PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.



4.


Stocks

31 May
 2024
£

Work in progress
3,594,203



5.


Debtors

31 May
2024
£


Amounts owed by group undertakings
3,180

Other debtors
7,785

Prepayments and accrued income
68

11,033



6.


Cash and cash equivalents

31 May
2024
£

Cash at bank and in hand
565


Page 4

 
CQ MANOR PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

7.


Creditors: Amounts falling due within one year

31 May
2024
£

Other loans
2,507,850

Trade creditors
30,871

Other creditors
715,165

Accruals and deferred income
364,016

3,617,902


Loans are secured by a charge over the company's stock assets.


8.


Related party transactions



31 May
2024
£

Amounts owed to related parties
715,165

 
Page 5