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QUERCUS INVESTMENTS LONDON LTD

Registered Number
11066461
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

QUERCUS INVESTMENTS LONDON LTD
Company Information
for the year from 1 December 2023 to 30 November 2024

Directors

HILL, Christopher
HILL, Emily

Registered Address

Grove House
2 Woodberry Grove
London
N12 0DR

Registered Number

11066461 (England and Wales)
QUERCUS INVESTMENTS LONDON LTD
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3366,253366,253
366,253366,253
Current assets
Debtors11
Cash at bank and on hand2,1265,486
2,1275,487
Creditors amounts falling due within one year4(7,442)(917)
Net current assets (liabilities)(5,315)4,570
Total assets less current liabilities360,938370,823
Creditors amounts falling due after one year(365,572)(365,572)
Net assets(4,634)5,251
Capital and reserves
Called up share capital100100
Profit and loss account(4,734)5,151
Shareholders' funds(4,634)5,251
The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2025, and are signed on its behalf by:
HILL, Christopher
Director
Registered Company No. 11066461
QUERCUS INVESTMENTS LONDON LTD
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the Pound Sterling (£).
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover represents rents receivable from the investment properties owned by company. Rents are recognised up to the year end date.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investments
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 December 23366,253
At 30 November 24366,253
Net book value
At 30 November 24366,253
At 30 November 23366,253
4.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts6,408413
Accrued liabilities and deferred income1,034504
Total7,442917
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.