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REGISTERED NUMBER: 11952729 (England and Wales)















Quinn-Thomas Limited

Unaudited Cessation Financial Statements

for the Period 1 May 2023 to 31 October 2024






Quinn-Thomas Limited (Registered number: 11952729)






Contents of the Financial Statements
for the Period 1 May 2023 to 31 October 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Quinn-Thomas Limited

Company Information
for the Period 1 May 2023 to 31 October 2024







DIRECTORS: T Quinn-Thomas
Mrs L C Quinn-Thomas





REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF





REGISTERED NUMBER: 11952729 (England and Wales)





ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF

Quinn-Thomas Limited (Registered number: 11952729)

Abridged Statement of Financial Position
31 October 2024

31.10.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 659

CURRENT ASSETS
Debtors 2,444 -
Cash at bank 2,533 2,624
4,977 2,624
CREDITORS
Amounts falling due within one year 14,297 10,849
NET CURRENT LIABILITIES (9,320 ) (8,225 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,320

)

(7,566

)

PROVISIONS FOR LIABILITIES - 125
NET LIABILITIES (9,320 ) (7,691 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (9,420 ) (7,791 )
SHAREHOLDERS' FUNDS (9,320 ) (7,691 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

Quinn-Thomas Limited (Registered number: 11952729)

Abridged Statement of Financial Position - continued
31 October 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:





T Quinn-Thomas - Director


Quinn-Thomas Limited (Registered number: 11952729)

Notes to the Financial Statements
for the Period 1 May 2023 to 31 October 2024

1. STATUTORY INFORMATION

Quinn-Thomas 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention, assuming the status of the company as a going concern, subject to the continuing support of the company's directors who are the main creditors.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

Quinn-Thomas Limited (Registered number: 11952729)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 October 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 2,418
Additions 685
Disposals (3,103 )
At 31 October 2024 -
DEPRECIATION
At 1 May 2023 1,759
Eliminated on disposal (1,759 )
At 31 October 2024 -
NET BOOK VALUE
At 31 October 2024 -
At 30 April 2023 659

6. RELATED PARTY DISCLOSURES

The company received commissions of £6,750 ( 2023 £11,975 ) from HQ. Mortgage and Finance Limited during the year, a company in which T Quinn-Thomas had a controlling interest.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Quinn-Thomas.