Company Registration No. 10272385 (England and Wales)
Cityquick Limited
Unaudited accounts
for the year ended 31 October 2024
Cityquick Limited
Unaudited accounts
Contents
Cityquick Limited
Company Information
for the year ended 31 October 2024
Company Number
10272385 (England and Wales)
Cityquick Limited
Statement of financial position
as at 31 October 2024
Investment property
975,000
975,000
Cash at bank and in hand
6,378
9,393
Creditors: amounts falling due within one year
(510,540)
(517,583)
Net current liabilities
(355,532)
(364,482)
Total assets less current liabilities
619,468
610,518
Creditors: amounts falling due after more than one year
(355,288)
(355,250)
Provisions for liabilities
Other provisions
(24,342)
(24,342)
Net assets
239,838
230,926
Called up share capital
2
2
Profit and loss account
239,836
230,924
Shareholders' funds
239,838
230,926
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. 10272385
Cityquick Limited
Notes to the Accounts
for the year ended 31 October 2024
Cityquick Limited is a private company, limited by shares, registered in England and Wales, registration number 10272385.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Fair value at 1 November 2023
975,000
At 31 October 2024
975,000
Amounts falling due within one year
Amounts due from group undertakings etc.
148,628
139,426
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
(11,300)
(10,000)
Amounts owed to group undertakings and other participating interests
520,333
526,083
Cityquick Limited
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
355,288
355,250
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).