Company registration number: 12470249
Unaudited financial statements
for the year ended 27 February 2025
for
The Queensland Group Ltd
Pages for filing with the Registrar
Company registration number: 12470249
The Queensland Group Ltd
Balance sheet
as at 27 February 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 32,605 36,916
32,605 36,916
Current assets
Debtors 6,081 -
Cash at bank and in hand 86,851 7,265
92,932 7,265
Creditors: amounts falling due within one
year 		(96,549) (32,866)
Net current liabilities (3,617) (25,601)
Total assets less current liabilities 28,988 11,315
Creditors: Amounts falling due after more
than one year 		5 (9,655) (23,520)
NET ASSETS/(LIABILITIES) 19,333 (12,205)
Capital and reserves
Called up share capital 1 1
Profit and loss account 19,332 (12,206)
TOTAL EQUITY 19,333 (12,205)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 27 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 12470249
The Queensland Group Ltd
Balance sheet - continued
as at 27 February 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 29 September 2025 and signed on its behalf by:
Mr R Doorgachurn, Director Mr M MacDonald, Director
29 September 2025 29 September 2025
2
The Queensland Group Ltd
Notes to the financial statements
for the year ended 27 February 2025
1 Company information
The Queensland Group Ltd is a private company registered in England and Wales. Its registered number is 12470249. The company is limited by shares. Its registered office is Suite l, KBF House, 55 Victoria Road, Burgess Hill, RH15 9LH.
2 Accounting policies
Basis of preparing the financial statements
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. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Tangible Fixed Assets:
PLant & Machinery - 25% straight line
Office Equipment - 33% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3
The Queensland Group Ltd
Notes to the financial statements - continued
for the year ended 27 February 2025
3 Average number of employees
During the year the average number of employees was 2 (2024 - 1).
4 Tangible fixed assets
Tangible
Fixed Assets
£
Cost
At 28 February 2024 53,538
Additions 12,365
At 27 February 2025 65,903
Depreciation
At 28 February 2024 16,622
Charge for year 16,676
At 27 February 2025 33,298
Net book value
At 27 February 2025 32,605
At 27 February 2024 36,916
If Tangible Fixed assets had not been revalued, it would have been included at the following historical cost:
2025 2024
£ £
Cost 63,503 -
Accumulated depreciation 45,882 -
5 Creditors: amounts falling due after more than five years
2025 2024
£ £
Repayable otherwise than by instalments
Other creditors - 23,520
6 Advances, credit and guarantees granted to directors
None issued in period
4