Company Registration No. SC522819 (Scotland)
JGQ Properties Ltd
Unaudited accounts
for the year ended 31 December 2025
JGQ Properties Ltd
Unaudited accounts
Contents
JGQ Properties Ltd
Company Information
for the year ended 31 December 2025
Directors
Mrs G A C Quinn
Mr Joseph Quinn
Company Number
SC522819 (Scotland)
Registered Office
3/7 54 Gordon Street
Glasgow
G1 3PU
Scotland
Accountants
Callan Accountancy
21 - 23 Woodside Place
Glasgow
G3 7QF
JGQ Properties Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
13,858
17,610
Cash at bank and in hand
8,137
35,757
Creditors: amounts falling due within one year
(21,096)
(54,849)
Net current liabilities
(13,395)
(16,417)
Called up share capital
100
100
Profit and loss account
363
1,093
Shareholders' funds
463
1,193
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2026 and were signed on its behalf by
Mr Joseph Quinn
Director
Company Registration No. SC522819
JGQ Properties Ltd
Notes to the Accounts
for the year ended 31 December 2025
JGQ Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC522819. The registered office is 3/7 54 Gordon Street, Glasgow, G1 3PU, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
25% reducing balance method
Computer equipment
33.33% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
36,979
235
8,762
45,976
At 31 December 2025
36,979
235
11,364
48,578
At 1 January 2025
21,872
59
6,435
28,366
Charge for the year
3,777
44
2,533
6,354
At 31 December 2025
25,649
103
8,968
34,720
At 31 December 2025
11,330
132
2,396
13,858
At 31 December 2024
15,107
176
2,327
17,610
JGQ Properties Ltd
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
Accrued income and prepayments
1,849
2,675
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
7,441
7,260
Taxes and social security
39,234
25,104
Loans from directors
(42,299)
7,004
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
8
Transactions with related parties
During the previous year to 31 December 2024, the company directors, have provided a company with an interest free loan of £7,004. There is no fixed terms of repayment.
9
Average number of employees
During the year the average number of employees was 3 (2024: 1).