REGISTERED NUMBER: 11487622 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Quest JV Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M S Amin

SECRETARY:

M S Amin

REGISTERED OFFICE:

11a Empire Parade

Empire Way

Wembley

Middlesex

HA9 0RQ

REGISTERED NUMBER:

11487622 (England and Wales)

ACCOUNTANTS:

AS Associates

Chartered Certified Accountants

11A Empire Parade

Empire Way

Wembley

Middlesex

HA9 0RQ

FIXED ASSETS

Investment property

4

1,318,178

1,318,178

CURRENT ASSETS

Cash at bank

2,077

4,343

CREDITORS

Amounts falling due within one year

5

59,730

52,786

NET CURRENT LIABILITIES

(57,653

)

(48,443

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,260,525

1,269,735

CREDITORS

Amounts falling due after more than one year

6

1,320,565

1,317,470

NET LIABILITIES

(60,040

)

(47,735

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(60,140

)

(47,835

)

SHAREHOLDERS' FUNDS

(60,040

)

(47,735

)

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

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

The director acknowledges his 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.

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 director and authorised for issue on 29 April 2026 and were signed by:

M S Amin - Director

1.	STATUTORY INFORMATION

Quest JV Ltd 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.

Going concern.

During the year, the Company has been funded by its shareholders, who have indicated that they will continue to provide funding whenever required for the foreseeable future.On this basis, the director considers it appropriate to prepare the financial statements on the "Going Concern Basis". The financial statements do not incudes any adjustments that would result from the withdrawal of funding facility by the Company's Shareholder.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

1,318,178

NET BOOK VALUE

At 31 July 2025

1,318,178

At 31 July 2024

1,318,178

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

921

921

Other creditors

58,809

51,865

59,730

52,786

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

1,320,565

1,317,470

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,320,565

1,317,470

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 August 2024

(47,835

)

Deficit for the year

(12,305

)

At 31 July 2025

(60,140

)