REGISTERED NUMBER: 07475368 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

Quay Street Financing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L Kristiansen

Mr S Kristiansen

SECRETARY:

Mr S Kristiansen

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

07475368 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investment property

4

1,700,000

1,700,000

CURRENT ASSETS

Debtors: Amounts falling due

after more than one year

5

-

4,367

Cash at bank

6

326

9

326

4,376

CREDITORS

Amounts falling due within one year

7

33,027

35,767

NET CURRENT LIABILITIES

(32,701

)

(31,391

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,667,299

1,668,609

PROVISIONS FOR LIABILITIES

209,722

209,660

NET ASSETS

1,457,577

1,458,949

CAPITAL AND RESERVES

Called up share capital

9

4

4

Fair value reserve

10

711,714

711,776

Retained earnings

10

745,859

747,169

SHAREHOLDERS' FUNDS

1,457,577

1,458,949

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th July 2026 and were signed on its behalf by:

Mr L Kristiansen - Director

Mr S Kristiansen - Director

1.	STATUTORY INFORMATION

Quay Street Financing 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 financial statements are presented in sterling (£), which is the functional currency of the company.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities.

The key source of estimation uncertainty is as follows:

Investment property

The company’s investment property is held at fair value. The directors assess the valuation at each reporting date, taking into account available market evidence and their knowledge of the property market. In the absence of a recent independent professional valuation, the valuation is based on the directors’ judgement. Changes in assumptions could lead to a material adjustment to the carrying value of the property.

Financial instruments

The company applies Section 11 "Basic Financial Instruments". Financial assets and liabilities are recognised at transaction price and subsequently measured at amortised cost.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and are satisfied that it will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1st January 2025

and 31st December 2025

1,700,000

NET BOOK VALUE

At 31st December 2025

1,700,000

At 31st December 2024

1,700,000

Cost or valuation at 31st December 2025 is represented by:

£

Valuation in 2016

620,000

Valuation in 2018

88,825

Valuation in 2019

(19,990

)

Valuation in 2020

(17,400

)

Valuation in 2021

250,000

Cost

778,565

1,700,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

778,565

778,565

Investment property was valued on an open market basis on 31st December 2025 by the Directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

VAT

-

4,367

6.	CASH AT BANK

Cash and cash equivalents comprise cash at bank and in hand and short-term deposits with an original maturity of three months or less.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

806

806

Amounts owed to group undertakings

31,007

33,807

Accrued expenses

1,214

1,154

33,027

35,767

8.	SECURED DEBTS

There were no secured debts at the year end.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

4

Ordinary

£1

4

4

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st January 2025

747,169

711,776

1,458,945

Deficit for the year

(1,372

)

(1,372

)

Assets revalued in period

62

(62

)

-

At 31st December 2025

745,859

711,714

1,457,573

11.	CONTINGENT LIABILITIES

The company had no contingent liabilities at the balance sheet date.

12.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had no capital or other financial commitments.

13.	RELATED PARTY DISCLOSURES

During the year, the company entered into the following transactions with related parties:

Amounts owed by group undertakings: At the year end, £31,007 (2024: £33,807) was due to Udviklingsselskabet af 18. juni 2010 ApS, the company’s parent undertaking. The balance is unsecured, interest-free and repayable on demand.

14.	POST BALANCE SHEET EVENTS

There have been no material events after the balance sheet date requiring disclosure or adjustment to the financial statements.