Quadrant Management (St Albans) Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 02553842

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,608		17,736

			13,608		17,736
CURRENT ASSETS
Debtors	5	2,652		9,093
Cash at bank and in hand		8,203		618

		10,855		9,711
Creditors: Amounts Falling Due Within One Year	6	(8,185 )		(16,830 )

NET CURRENT ASSETS (LIABILITIES)			2,670		(7,119 )

TOTAL ASSETS LESS CURRENT LIABILITIES			16,278		10,617

NET ASSETS			16,278		10,617

CAPITAL AND RESERVES
Called up share capital	7		67		67
Profit and Loss Account			16,211		10,550

SHAREHOLDERS' FUNDS			16,278		10,617

For the year ending 31 December 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Wright

Director

23/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Quadrant Management (St Albans) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02553842 . The registered office is Wellington House 273-275 High Street, London Colney, St Albans, Hertfordshire, AL2 1HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from service charges levied on tennants.

Rendering of services

Turnover from service charges are recognised quarterly by reference to the rate applied to each individual property.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

10% Straight Line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 January 2024	103,148

As at 31 December 2024	103,148

Depreciation
As at 1 January 2024	85,412
Provided during the period	4,128

As at 31 December 2024	89,540

Net Book Value
As at 31 December 2024	13,608

As at 1 January 2024	17,736

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	-	4,905
Other debtors	2,652	4,188

	2,652	9,093

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Quadrant Management (St Albans) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2,670	-
Accruals and deferred income	5,515	16,830

	8,185	16,830

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	67	67

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