1 November 2023 false No description of principal activity Taxfiler 2024.6 10749905business:PrivateLimitedCompanyLtd2023-11-012024-10-31 107499052023-10-31 107499052023-11-012024-10-31 10749905business:AuditExemptWithAccountantsReport2023-11-012024-10-31 10749905business:FilletedAccounts2023-11-012024-10-31 107499052024-10-31 10749905business:Director12023-11-012024-10-31 10749905business:RegisteredOffice2023-11-012024-10-31 107499052023-10-31 10749905core:WithinOneYear2024-10-31 10749905core:WithinOneYear2023-10-31 10749905core:AfterOneYear2024-10-31 10749905core:AfterOneYear2023-10-31 10749905core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 10749905core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 10749905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 10749905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 10749905core:PreviouslyStatedAmount2024-10-31 10749905core:PreviouslyStatedAmount2023-10-31 10749905business:SmallEntities2023-11-012024-10-31 10749905countries:EnglandWales2023-11-012024-10-31 10749905core:LandBuildings2023-10-31 10749905core:PlantMachinery2023-10-31 10749905core:FurnitureFittings2023-10-31 10749905core:LandBuildings2023-11-012024-10-31 10749905core:PlantMachinery2023-11-012024-10-31 10749905core:FurnitureFittings2023-11-012024-10-31 10749905core:LandBuildings2024-10-31 10749905core:PlantMachinery2024-10-31 10749905core:FurnitureFittings2024-10-31 107499052022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10749905 (England and Wales)
QF PROPERTIES LTD. Unaudited accounts for the year ended 31 October 2024
QF PROPERTIES LTD. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
QF PROPERTIES LTD. Company Information for the year ended 31 October 2024
Director
Stefanus Seelen
Company Number
10749905 (England and Wales)
Registered Office
1 BURGESS CLOSE CAISTER-ON-SEA GREAT YARMOUTH NORFOLK NR30 5XD UNITED KINGDOM
Accountants
JSM Partners Brightfield Business Hub Bakewell Road Peterborough Cambridgeshire PE2 6XU
- 3 -
QF PROPERTIES LTD. Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
643,090 
656,642 
Current assets
Debtors
5
2,301 
- 
Cash at bank and in hand
19,950 
5,592 
22,251 
5,592 
Creditors: amounts falling due within one year
6
(185,803)
(165,797)
Net current liabilities
(163,552)
(160,205)
Total assets less current liabilities
479,538 
496,437 
Creditors: amounts falling due after more than one year
7
(595,025)
(572,900)
Net liabilities
(115,487)
(76,463)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(115,587)
(76,563)
Shareholders' funds
(115,487)
(76,463)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 21 October 2025 and were signed on its behalf by
Stefanus Seelen Director Company Registration No. 10749905
- 4 -
QF PROPERTIES LTD. Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
QF PROPERTIES LTD. is a private company, limited by shares, registered in England and Wales, registration number 10749905. The registered office is 1 BURGESS CLOSE, CAISTER-ON-SEA, GREAT YARMOUTH, NORFOLK, NR30 5XD, UNITED KINGDOM.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
653,777 
28,542 
12,443 
694,762 
Additions
(10,687)
- 
- 
(10,687)
Disposals
- 
(28,542)
(12,443)
(40,985)
At 31 October 2024
643,090 
- 
- 
643,090 
Depreciation
At 1 November 2023
- 
28,542 
9,578 
38,120 
Charge for the year
- 
- 
2,865 
2,865 
On disposals
- 
(28,542)
(12,443)
(40,985)
At 31 October 2024
- 
- 
- 
- 
Net book value
At 31 October 2024
643,090 
- 
- 
643,090 
At 31 October 2023
653,777 
- 
2,865 
656,642 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,301 
- 
- 5 -
QF PROPERTIES LTD. Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
597 
- 
Taxes and social security
- 
(2,069)
Other creditors
170,569 
154,724 
Loans from directors
14,637 
13,142 
185,803 
165,797 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
595,025 
572,900 
8
Loans to directors
During the year loans totalling £14,637 were received from the directors. These remain outstanding at the year end and are interest bearing and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -