REGISTERED NUMBER: 01141144 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

Q DEVELOPMENTS LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr S P Quinn

Ms J A Quinn

Mr J T D Thomas

SECRETARY:

Ms J A Quinn

REGISTERED OFFICE:

18 Molasses Row

Plantation Wharf

London

SW11 3UX

REGISTERED NUMBER:

01141144 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

BANKERS:

Santander UK plc

298 Deansgate

Manchester

M3 4HH

FIXED ASSETS

Tangible assets

4

46,422

57,351

Investments

5

823,182

823,182

869,604

880,533

CURRENT ASSETS

Stocks

751,830

549,264

Debtors

6

3,695,831

3,758,012

Cash at bank and in hand

100,519

73,457

4,548,180

4,380,733

CREDITORS

Amounts falling due within one year

7

1,524,818

1,340,919

NET CURRENT ASSETS

3,023,362

3,039,814

TOTAL ASSETS LESS CURRENT LIABILITIES

3,892,966

3,920,347

CREDITORS

Amounts falling due after more than one year

8

1,315,523

1,070,458

NET ASSETS

2,577,443

2,849,889

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,577,343

2,849,789

SHAREHOLDERS' FUNDS

2,577,443

2,849,889

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

Mr S P Quinn - Director

1.	STATUTORY INFORMATION

Q Developments 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.

Turnover

Turnover represents the total amount receivable by the company for goods supplied and services provided, excluding value added tax and trade discounts.

Turnover is recognised when it is probable that any future economic benefit associated with the amounts receivable will flow to the entity and the amount can be reliably measured.

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, 25% on reducing balance and 10% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

The company does not include within cost directly attributable finance costs, instead these are written off to the profit and loss account in the period in which they are incurred.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Long term contracts

Profit is recognised on long term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

219,025

DEPRECIATION

At 1 September 2024

161,674

Charge for year

10,929

At 31 August 2025

172,603

NET BOOK VALUE

At 31 August 2025

46,422

At 31 August 2024

57,351

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

823,182

NET BOOK VALUE

At 31 August 2025

823,182

At 31 August 2024

823,182

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

189,458

30,901

Amounts owed by group undertakings

537,252

632,287

Other debtors

2,269,121

2,394,824

2,995,831

3,058,012

2025

2024

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

700,000

700,000

Aggregate amounts

3,695,831

3,758,012

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

685,746

521,659

Amounts owed to group undertakings

19,765

-

Taxation and social security

20,315

16,409

Other creditors

798,992

802,851

1,524,818

1,340,919

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,315,523

1,070,458