QUICKLET PROPERTY MANAGEMENT LIMITED

Company Registration Number:
NI602171 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

QUICKLET PROPERTY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

QUICKLET PROPERTY MANAGEMENT LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
10 months to 31 December 2023


£
£
Fixed assets
Intangible assets: 3 991,830 999,207
Tangible assets: 4 335,118 383,388
Total fixed assets: 1,326,948 1,382,595
Current assets
Debtors:   102,273 117,104
Cash at bank and in hand: 1,587,220 1,685,076
Investments:   2,447,726 1,080,776
Total current assets: 4,137,219 2,882,956
Creditors: amounts falling due within one year:   (1,875,284) (2,162,452)
Net current assets (liabilities): 2,261,935 720,504
Total assets less current liabilities: 3,588,883 2,103,099
Creditors: amounts falling due after more than one year:   (876,447) (673,382)
Total net assets (liabilities): 2,712,436 1,429,717
Capital and reserves
Called up share capital: 101 101
Revaluation reserve:51,366,9500
Profit and loss account: 1,345,385 1,429,616
Shareholders funds: 2,712,436 1,429,717

The notes form part of these financial statements

QUICKLET PROPERTY MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Dermot O'Hanlon
Status: Director

The notes form part of these financial statements

QUICKLET PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUICKLET PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 10 months to 31 December 2023
Average number of employees during the period 16 16

QUICKLET PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,423,773
Additions 150,000
At 31 December 2024 1,573,773
Amortisation
At 01 January 2024 424,566
Charge for year 157,377
At 31 December 2024 581,943
Net book value
At 31 December 2024 991,830
At 31 December 2023 999,207

QUICKLET PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 685,637
Additions 4,532
At 31 December 2024 690,169
Depreciation
At 01 January 2024 302,249
Charge for year 52,802
At 31 December 2024 355,051
Net book value
At 31 December 2024 335,118
At 31 December 2023 383,388

QUICKLET PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Revaluation reserve

2024
£
Balance at 01 January 2024 0
Surplus or deficit after revaluation 1,366,950
Balance at 31 December 2024 1,366,950