QF Property Management Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 13433956

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		514,074		514,074
Investments	5		50,036		50,036

			564,110		564,110
CURRENT ASSETS
Debtors		280,055		256,748
Cash at bank and in hand		1,254		276,521

		281,309		533,269
Creditors: Amounts Falling Due Within One Year		(593,657 )		(1,087,107 )

NET CURRENT ASSETS (LIABILITIES)			(312,348 )		(553,838 )

TOTAL ASSETS LESS CURRENT LIABILITIES			251,762		10,272

Creditors: Amounts Falling Due After More Than One Year			(245,355 )		-

NET ASSETS			6,407		10,272

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			6,406		10,271

SHAREHOLDERS' FUNDS			6,407		10,272

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QF Property Management Limited

Abridged Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Maurice Craft

Director

29 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

QF Property Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13433956 . The registered office is Regency Chambers , Jubilee Way, Bury , BL9 0JW.

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 rental income due for the period.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Financial Instruments

Borrowings are initially recognised at the transaction price less directly attributable transaction costs. Borrowings are subsequently measured at amortised cost. Transaction costs incurred in obtaining finance are recognised over the expected term of the borrowing as part of finance costs. Where the effect is not materially different from the effective interest method, a straight-line basis is used.

2.5. Taxation

Corporation tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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QF Property Management Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 July 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 August 2024 and 31 July 2025	514,074
Additions	-

As at 31 July 2025	514,074

5. Investments

	Total
	£
Cost
As at 1 August 2024	50,036

As at 31 July 2025	50,036

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	50,036

As at 1 August 2024	50,036

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

During the year, Northern Equity and Debt Management Limited, a wholly owned subsidiary of the company, wrote off accrued management charges of £45,000 due from the company. The write-off has been recognised as a reduction in administrative expenses.

No amounts remained outstanding at the balance sheet date.

8. Ultimate Controlling Party

The company's ultimate controlling party is QF Holdings NW Limited, a company registered in England and Wales, by virtue of its ownership of 100% of the issued share capital in the company. The company is exempt from the requirement to prepare consolidated financial statements.

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