1 January 2024 false No description of principal activity Taxfiler 2024.6 SC235434business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC2354342023-12-31 SC2354342024-01-012024-12-31 SC235434business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC235434business:FilletedAccounts2024-01-012024-12-31 SC2354342024-12-31 SC235434business:Director12024-01-012024-12-31 SC235434business:Director22024-01-012024-12-31 SC235434business:RegisteredOffice2024-01-012024-12-31 SC2354342023-12-31 SC235434core:WithinOneYear2024-12-31 SC235434core:WithinOneYear2023-12-31 SC235434core:AfterOneYear2024-12-31 SC235434core:AfterOneYear2023-12-31 SC235434core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC235434core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC235434core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC235434core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC235434core:PreviouslyStatedAmount2024-12-31 SC235434core:PreviouslyStatedAmount2023-12-31 SC235434business:SmallEntities2024-01-012024-12-31 SC235434countries:Scotland2024-01-012024-12-31 SC235434core:PlantMachinery2024-01-012024-12-31 SC235434core:PlantMachinery2023-12-31 SC235434core:PlantMachinery2024-12-31 SC2354342023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC235434 (Scotland)
Quercus Ltd Unaudited accounts for the year ended 31 December 2024
Quercus Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Quercus Ltd Company Information for the year ended 31 December 2024
Directors
Peter Caunt Mrs Sally Caunt
Company Number
SC235434 (Scotland)
Registered Office
Sunnyside Studio Heriot Midlothian EH38 5YE
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Quercus Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,076 
2,685 
Current assets
Inventories
5,200 
1,200 
Debtors
5
14,835 
15,623 
Cash at bank and in hand
3,233 
3,794 
23,268 
20,617 
Creditors: amounts falling due within one year
6
(7,462)
(16,097)
Net current assets
15,806 
4,520 
Total assets less current liabilities
18,882 
7,205 
Creditors: amounts falling due after more than one year
7
(900)
(2,700)
Net assets
17,982 
4,505 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,882 
4,405 
Shareholders' funds
17,982 
4,505 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by
Peter Caunt Director Company Registration No. SC235434
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Quercus Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Quercus Ltd is a private company, limited by shares, registered in Scotland, registration number SC235434. The registered office is Sunnyside Studio, Heriot, Midlothian, EH38 5YE.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
44,284 
Additions
1,416 
At 31 December 2024
45,700 
Depreciation
At 1 January 2024
41,599 
Charge for the year
1,025 
At 31 December 2024
42,624 
Net book value
At 31 December 2024
3,076 
At 31 December 2023
2,685 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
194 
4,975 
Trade debtors
14,641 
10,648 
14,835 
15,623 
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Quercus Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,801 
1,801 
Taxes and social security
7,051 
4,486 
Loans from directors
(1,391)
9,809 
Accruals
1 
1 
7,462 
16,097 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
900 
2,700 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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