Registration number:
132 Queens Road Limited
for the Year Ended 30 November 2024
132 Queens Road Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
132 Queens Road Limited
Company Information
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Director |
Mr N S Darke |
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Registered office |
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Accountants |
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132 Queens Road Limited
(Registration number: 08372815)
Balance Sheet as at 30 November 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Investment property |
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Investments |
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Current assets |
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Debtors |
- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
41,541 |
140,246 |
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Shareholders' funds |
41,641 |
140,346 |
132 Queens Road Limited
(Registration number: 08372815)
Balance Sheet as at 30 November 2024
For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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132 Queens Road Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
The principal place of business is:
The Courtyard
2 London Road
Newbury
Berkshire
RG14 0JX
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Investment property
132 Queens Road Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Investment properties |
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2024 |
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At 1 December |
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At 30 November |
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Investments |
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2024 |
2023 |
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Investments in subsidiaries |
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132 Queens Road Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 December 2023 |
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Provision |
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Carrying amount |
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At 30 November 2024 |
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At 30 November 2023 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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Vicarage Court, 160 Ermin Street, Swindon, England, SN3 4NE England |
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Debtors |
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Note |
2024 |
2023 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
- |
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- |
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132 Queens Road Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Related party transactions |
Loans to related parties
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2024 |
Entities with joint control or significant influence |
Total |
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At start of period |
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Repaid |
( |
( |
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At end of period |
- |
- |
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2023 |
Entities with joint control or significant influence |
Total |
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At start of period |
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At end of period |
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Summary of transactions with entities with joint control or significant interest
132 Queens Road Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
Loans from related parties
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2024 |
Entities with joint control or significant influence |
Total |
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At start of period |
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Repaid |
( |
( |
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At end of period |
- |
- |
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2023 |
Entities with joint control or significant influence |
Total |
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At start of period |
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Advanced |
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At end of period |
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Terms of loans from related parties
The company has a loan from Blue Tongue Ltd, a company that director N Darke also runs.
The loans between the companies have been written off due to a group restructure.