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Company Registration No. NI063209 (Northern Ireland)
Quigg Developments Ltd Unaudited accounts for the year ended 28 February 2025
Quigg Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Quigg Developments Ltd Company Information for the year ended 28 February 2025
Directors
Declan Quigg Sean Quigg
Secretary
Patrina Quigg
Company Number
NI063209 (Northern Ireland)
Registered Office
444 Ravenhill Road Belfast BT6 0BU
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Quigg Developments Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,469 
19,957 
Investment property
5
95,750 
95,750 
112,219 
115,707 
Current assets
Inventories
73,476 
93,476 
Debtors
6
25,147 
25,200 
Cash at bank and in hand
1,190 
449 
99,813 
119,125 
Creditors: amounts falling due within one year
7
(119,988)
(133,045)
Net current liabilities
(20,175)
(13,920)
Total assets less current liabilities
92,044 
101,787 
Creditors: amounts falling due after more than one year
8
(99,599)
(107,463)
Net liabilities
(7,555)
(5,676)
Capital and reserves
Called up share capital
164 
164 
Profit and loss account
(7,719)
(5,840)
Shareholders' funds
(7,555)
(5,676)
For the year ending 28 February 2025 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 30 September 2025 and were signed on its behalf by
Sean Quigg Director Company Registration No. NI063209
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Quigg Developments Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Quigg Developments Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI063209. The registered office is 444 Ravenhill Road, Belfast, BT6 0BU.
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
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
37,115 
5,850 
42,965 
At 28 February 2025
37,115 
5,850 
42,965 
Depreciation
At 1 March 2024
18,199 
4,809 
23,008 
Charge for the year
3,228 
260 
3,488 
At 28 February 2025
21,427 
5,069 
26,496 
Net book value
At 28 February 2025
15,688 
781 
16,469 
At 29 February 2024
18,916 
1,041 
19,957 
5
Investment property
2025 
£ 
Fair value at 1 March 2024
95,750 
At 28 February 2025
95,750 
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Quigg Developments Ltd Notes to the Accounts for the year ended 28 February 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,000 
25,000 
Amounts falling due after more than one year
Other debtors
147 
200 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
556 
556 
Loans from directors
119,432 
132,489 
119,988 
133,045 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
99,599 
107,463 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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