Company Registration No. 04018570 (England and Wales)
Quaystone Construction Limited
Unaudited accounts
for the year ended 31 March 2025
Quaystone Construction Limited
Unaudited accounts
Contents
Quaystone Construction Limited
Company Information
for the year ended 31 March 2025
Company Number
04018570 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
United Kingdom
Accountants
Darroch Accountancy Ltd
9 Old Foundry Close
St Just
Cornwall
TR19 7QS
Quaystone Construction Limited
Statement of financial position
as at 31 March 2025
Tangible assets
135,410
174,698
Cash at bank and in hand
285,954
361,962
Creditors: amounts falling due within one year
(192,788)
(219,978)
Net current assets
512,292
673,362
Total assets less current liabilities
747,702
848,060
Creditors: amounts falling due after more than one year
(38,408)
(55,887)
Provisions for liabilities
Deferred tax
(13,705)
(20,402)
Net assets
695,589
771,771
Called up share capital
1,000
1,000
Profit and loss account
694,589
770,771
Shareholders' funds
695,589
771,771
For the year ending 31 March 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 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 24 April 2025 and were signed on its behalf by
Edward Fenton
Director
Company Registration No. 04018570
Quaystone Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
Quaystone Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 04018570. The registered office is 7 Bell Yard, London, WC2A 2JR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Computer equipment
20% straight line
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Quaystone Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
53,448
250,201
4,828
308,477
Additions
6,696
-
674
7,370
At 31 March 2025
60,144
250,201
5,502
315,847
At 1 April 2024
35,829
95,942
2,008
133,779
Charge for the year
6,905
38,650
1,103
46,658
At 31 March 2025
42,734
134,592
3,111
180,437
At 31 March 2025
17,410
115,609
2,391
135,410
At 31 March 2024
17,619
154,259
2,820
174,698
5
Investments
Other investments
Valuation at 1 April 2024
-
Valuation at 31 March 2025
100,000
Amounts falling due within one year
Trade debtors
294,238
507,520
Other debtors
124,888
23,858
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,618
6,618
Obligations under finance leases and hire purchase contracts
17,267
24,463
Trade creditors
7,730
4,131
Taxes and social security
11,651
18,048
Loans from directors
79,906
14,372
Quaystone Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
11,740
23,779
9
Deferred taxation
2025
2024
Accelerated capital allowances
13,705
20,402
Provision at start of year
20,402
-
(Credited)/charged to the profit and loss account
(6,697)
20,402
Provision at end of year
13,705
20,402
Allotted, called up and fully paid:
2,000 Ordinary shares of £0.50 each
1,000
1,000
11
Average number of employees
During the year the average number of employees was 15 (2024: 10).