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Company Registration No. 06214969 (England and Wales)
Cityquick Estates Ltd Unaudited accounts for the year ended 31 October 2024
Cityquick Estates Ltd Unaudited accounts Contents
Page
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Cityquick Estates Ltd Company Information for the year ended 31 October 2024
Director
Mr Gary BLOCH
Company Number
06214969 (England and Wales)
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Cityquick Estates Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,761,836 
2,755,598 
Current assets
Debtors
1,633,655 
1,626,581 
Cash at bank and in hand
26,415 
54,359 
1,660,070 
1,680,940 
Creditors: amounts falling due within one year
(350,237)
(406,091)
Net current assets
1,309,833 
1,274,849 
Total assets less current liabilities
4,071,669 
4,030,447 
Creditors: amounts falling due after more than one year
(1,881,412)
(1,889,855)
Provisions for liabilities
Other provisions
(204,256)
(204,256)
Net assets
1,986,001 
1,936,336 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
332,575 
332,575 
Profit and loss account
1,653,424 
1,603,759 
Shareholders' funds
1,986,001 
1,936,336 
For the year ending 31 October 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 15 July 2025 and were signed on its behalf by
Mr Gary BLOCH Director Company Registration No. 06214969
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Cityquick Estates Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Cityquick Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 06214969.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
2,755,598 
Additions
6,238 
At 31 October 2024
2,761,836 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,328 
800 
Amounts due from group undertakings etc.
1,603,700 
1,600,700 
Accrued income and prepayments
1,546 
- 
Other debtors
25,081 
25,081 
1,633,655 
1,626,581 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
594 
1,662 
Amounts owed to group undertakings and other participating interests
349,163 
392,435 
Taxes and social security
- 
2,481 
Accruals
480 
9,513 
350,237 
406,091 
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Cityquick Estates Ltd Notes to the Accounts for the year ended 31 October 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,881,412 
1,889,855 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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