GOLDQUEST VENTURES LIMITED

Company Registration Number:
06274627 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 December 2023

End date: 31 March 2025

GOLDQUEST VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

GOLDQUEST VENTURES LIMITED

Balance sheet

As at 31 March 2025


Notes
16 months to 31 March 2025
2023


£
£
Fixed assets
Investments: 3 5,000,000 5,000,000
Total fixed assets: 5,000,000 5,000,000
Current assets
Debtors:   1,050,745 899,855
Cash at bank and in hand: 168,903 194,489
Total current assets: 1,219,648 1,094,344
Creditors: amounts falling due within one year: 4 (224,230) (134,814)
Net current assets (liabilities): 995,418 959,530
Total assets less current liabilities: 5,995,418 5,959,530
Creditors: amounts falling due after more than one year: 5 (2,491,634) (2,590,723)
Total net assets (liabilities): 3,503,784 3,368,807
Capital and reserves
Called up share capital: 6 6
Profit and loss account: 3,503,778 3,368,801
Shareholders funds: 3,503,784 3,368,807

The notes form part of these financial statements

GOLDQUEST VENTURES LIMITED

Balance sheet statements

For the year ending 31 March 2025 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 15 December 2025
and signed on behalf of the board by:

Name: Edward Slater
Status: Director

The notes form part of these financial statements

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

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

Turnover policy

Turnover represents rent received excluding value added tax.

Valuation and information policy

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at fair value. It is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit or loss.

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

16 months to 31 March 2025 2023
Average number of employees during the period 0 0

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed investments

The fair value of investment property at 31 March 2025 is £5,000,000 (2023: £5,000,000).

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Trade creditors £840 (2023: £1,830) Taxation and social security £61,255 (2023: £47,634) Other creditors £162,135 (2023: £85,350)

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

Bank loans £2,491,634 (2023: £2,590,723)

GOLDQUEST VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Related party transactions

Name of the related party: Foremark Estates Limited
Relationship:
The company is a shareholder and E Q Slater is also a director and shareholder
Description of the Transaction: The loan is in lieu of a dividend.
£
Balance at 01 December 2023 398,001
Balance at 31 March 2025 478,000
Name of the related party: The VFund Limited
Relationship:
The company is a shareholder and V D Goldstein is also a director and shareholder
Description of the Transaction: The loan is in lieu of a dividend
£
Balance at 01 December 2023 425,000
Balance at 31 March 2025 503,000