Quayside Estates Ltd - Filleted accounts

Registered number

13927645

Quayside Estates Ltd

Filleted Accounts

28 February 2026

Quayside Estates Ltd
Registered number:		13927645
Balance Sheet
as at 28 February 2026

Notes		2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		354,362		356,613
Investments	4		139,150		13,150
			493,512		369,763

Current assets
Cash at bank and in hand		1,172		59,811

Creditors: amounts falling due within one year	5	(661,081)		(497,081)

Net current liabilities			(659,909)		(437,270)

Net liabilities			(166,397)		(67,507)

Capital and reserves
Called up share capital			2		2
Profit and loss account			(166,399)		(67,509)

Shareholders' funds			(166,397)		(67,507)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dr R M Davies
Director
Approved by the board on 24 August 2026

Quayside Estates Ltd
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment	20% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026	2025
				Number	Number

	Average number of persons employed by the company			2	2




3	Tangible fixed assets
			Land and buildings	Plant and machinery etc	Total
			£	£	£
	Cost
	At 1 March 2025		345,356	11,448	356,804
	At 28 February 2026		345,356	11,448	356,804

	Depreciation
	At 1 March 2025		-	191	191
	Charge for the year		-	2,251	2,251
	At 28 February 2026		-	2,442	2,442

	Net book value
	At 28 February 2026		345,356	9,006	354,362
	At 28 February 2025		345,356	11,257	356,613


4	Investments

					Other
					investments
					£
	Cost
	At 1 March 2025				13,150
	Additions				126,000

	At 28 February 2026				139,150





5	Creditors: amounts falling due within one year			2026	2025
				£	£

	Trade creditors			600	600
	Other creditors			660,481	496,481
				661,081	497,081


6	Loans to directors

	At the year end the company owed the directors £15,331 (2025: £15,331)




7	Related party transactions

	At the year end the company owed Quayside Orthodontics Ltd £645,150 (2025: £481,150). The directors & shareholders of Quayside Orthodontics Ltd are Dr J C Davies & Dr R M Davies.


8	Other information

	Quayside Estates Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Ty Royden
	Job's Well Road
	Carmarthen
	Wales
	SA31 3HG