IRIS Accounts Production v26.1.0.640 02088586 Board of Directors 1.9.24 31.8.25 31.8.25 0 0 false true false false true false Fair value model Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02088586 2024-08-31 02088586 2025-08-31 02088586 2024-09-01 2025-08-31 02088586 2023-08-31 02088586 2023-09-01 2024-08-31 02088586 2024-08-31 02088586 ns15:EnglandWales 2024-09-01 2025-08-31 02088586 ns14:PoundSterling 2024-09-01 2025-08-31 02088586 ns10:Director1 2024-09-01 2025-08-31 02088586 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02088586 ns10:SmallEntities 2024-09-01 2025-08-31 02088586 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 02088586 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 02088586 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 02088586 ns10:FullAccounts 2024-09-01 2025-08-31 02088586 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 02088586 ns10:Director2 2024-09-01 2025-08-31 02088586 ns10:CompanySecretary1 2024-09-01 2025-08-31 02088586 ns10:RegisteredOffice 2024-09-01 2025-08-31 02088586 ns5:CurrentFinancialInstruments 2025-08-31 02088586 ns5:CurrentFinancialInstruments 2024-08-31 02088586 ns5:ShareCapital 2025-08-31 02088586 ns5:ShareCapital 2024-08-31 02088586 ns5:CapitalRedemptionReserve 2025-08-31 02088586 ns5:CapitalRedemptionReserve 2024-08-31 02088586 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-08-31 02088586 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31 02088586 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 02088586 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 02088586 ns5:PlantMachinery 2024-09-01 2025-08-31 02088586 ns5:PlantMachinery 2024-08-31 02088586 ns5:PlantMachinery 2025-08-31 02088586 ns5:PlantMachinery 2024-08-31 02088586 ns5:DeferredTaxation 2024-08-31 02088586 ns5:DeferredTaxation 2025-08-31 02088586 ns10:OrdinaryShareClass1 2025-08-31 02088586 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31

REGISTERED NUMBER: 02088586 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST AUGUST 2025 |

| FOR |

| Q 1 ESTATES LIMITED |

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 6

| Q 1 ESTATES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST AUGUST 2025

| DIRECTORS: | Ms J A Quinn

| Mr A J P Quinn

| SECRETARY: | Ms J A Quinn

| REGISTERED OFFICE: | 1 Stampstone Street

| Oldham

| Lancashire

| OL1 3PW

| REGISTERED NUMBER: | 02088586 (England and Wales)

| ACCOUNTANTS: | Allens Accountants Limited

| Chartered Accountants

| 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

| BANKERS: | Barclays Bank plc

| 25 High Street

| Oldham

| OL1 3AZ

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

BALANCE SHEET

31ST AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 8 |  | 8 |  |

Investment property | 5 | 1,430,462 |  | 1,430,462 |  |

1,430,470 |  | 1,430,470 |  |

CURRENT ASSETS

Cash at bank | 2,345 |  | 2,345 |  |

CREDITORS

Amounts falling due within one year | 6 | 600,416 |  | 600,416 |  |

NET CURRENT LIABILITIES | (598,071 | ) | (598,071 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 832,399 |  | 832,399 |  |

PROVISIONS FOR LIABILITIES | 7 | 22,385 |  | 22,385 |  |

NET ASSETS | 810,014 |  | 810,014 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 166,124 |  | 166,124 |  |

Capital redemption reserve | 133,876 |  | 133,876 |  |

Fair value reserve | 9 | 507,951 |  | 507,951 |  |

Retained earnings | 2,063 |  | 2,063 |  |

SHAREHOLDERS' FUNDS | 810,014 |  | 810,014 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

BALANCE SHEET - continued

31ST AUGUST 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th April 2026 and were signed on its behalf by:

Mr A J P Quinn - Director

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

1. | STATUTORY INFORMATION

| Q 1 Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The company was dormant throughout the current year and previous year.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on cost

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Financial instruments

| A financial asset or liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st September 2024

| and 31st August 2025 | 21,474 |  |

| DEPRECIATION

| At 1st September 2024

| and 31st August 2025 | 21,466 |  |

| NET BOOK VALUE

| At 31st August 2025 | 8 |  |

| At 31st August 2024 | 8 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st September 2024

| and 31st August 2025 | 1,430,462 |  |

| NET BOOK VALUE

| At 31st August 2025 | 1,430,462 |  |

| At 31st August 2024 | 1,430,462 |  |

| The investment property was valued at the year end by a competent director.

| Fair value at 31st August 2025 is represented by:

£ |

| Valuation in 2020 | 482,135 |  |

| Cost | 948,327 |  |

1,430,462 |  |

| Q 1 ESTATES LIMITED (REGISTERED NUMBER: 02088586) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | 591,217 |  | 591,217 |  |

| Other creditors | 9,199 |  | 9,199 |  |

600,416 |  | 600,416 |  |

7. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 22,385 |  | 22,385 |  |

| Deferred |

| tax |

£ |

| Balance at 1st September 2024 | 22,385 |  |

| Balance at 31st August 2025 | 22,385 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 166,124 | Ordinary shares | £1 | 166,124 |  | 166,124 |  |

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 1st September 2024

| and 31st August 2025 | 507,951 |  |

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is Inhoco 3381 Limited.

| The ultimate controlling party is Q Crane Hire Limited.