Q Property Limited Accounts






Q Property Limited

	Company No. 10575148
		Information for Filing with The Registrar
		31 January 2026

The Director presents his report and the accounts for the year ended 31 January 2026.

Principal activities
The principal activity of the company during the year under review was Buying, Selling and Letting of Residental Properties.




Director

The Director who served at any time during the year was as follows:

Mohammed Azhar Quaiyoom









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Mohammed Azhar Quaiyoom
Director
22 September 2026

at	31 January 2026
Company No.		10575148	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		6	1,025,000	1,025,000


				1,025,000	1,025,000
Current assets

	Debtors		7	4,407	6,500

	Cash at bank and in hand			15,091	8,879
				19,498	15,379
Creditors: Amount falling due within one year			8	1	-
Net current assets				19,499	15,379
Total assets less current liabilities				1,044,499	1,040,379
Creditors: Amounts falling due after more than one year			9	(57,200)	(69,850)



Net assets				987,299	970,529

Capital and reserves
	Called up share capital			995,000	995,000

	Revaluation reserve		12	50,000	50,000

	Profit and loss account		12	(57,701)	(74,471)

Total equity				987,299	970,529



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 January 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 22 September 2026 and signed on its behalf by:
Mohammed Azhar Quaiyoom
Director
22 September 2026

for the year ended 31 January 2026

General information

Q Property Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10575148

Its registered office is:

35 Macclesfield Road

Stockport

SK7 6BG

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

None

Accounting policies

Revenue recognition

Accounting Policy – Turnover (Revenue)
Turnover represents the amount derived from the provision of goods and services falling within the company's ordinary activities, stated net of value-added tax, trade discounts, rebates and other sales taxes.
Revenue is recognised when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. Revenue is recognised only when it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably. The company applies the following principles in recognising revenue:
Sale of Goods
Revenue from the sale of goods is recognised at the point control of the goods passes to the customer, which is normally on delivery and acceptance of the goods, unless alternative contractual terms specify otherwise. Revenue excludes amounts collected on behalf of third parties.
Where sales contain multiple performance obligations, the transaction price is allocated to each obligation based on its relative standalone selling price, and revenue is recognised as each obligation is fulfilled.
Rendering of Services
Revenue from services is recognised over time as the services are performed where the customer simultaneously receives and consumes the benefits provided by the company. The stage of completion is determined by reference to work performed, time incurred, milestones achieved or another measure that faithfully depicts performance.
Where the outcome of a contract cannot be measured reliably, revenue is recognised only to the extent of recoverable costs incurred.
Long-Term Contracts
For long-term contracts, revenue is recognised over time as performance obligations are satisfied. The percentage of completion is assessed by reference to costs incurred, surveys of work performed, certified valuations or other appropriate measures of progress.
Expected foreseeable losses on contracts are recognised immediately in the profit and loss account.
Variable Consideration
Variable consideration, including rebates, discounts, service credits, performance bonuses and claims, is included in revenue only to the extent that it is highly probable that a significant reversal of recognised revenue will not occur when the uncertainty is resolved.
Contract Assets and Contract Liabilities
Amounts recognised as revenue but not yet invoiced are presented as contract assets or accrued income. Amounts invoiced or received before related performance obligations are satisfied are recognised as contract liabilities or deferred income and released to revenue when the related obligations are fulfilled.
Interest, Royalties and Dividends
Interest income is recognised using the effective interest method.
Royalty income is recognised on an accrual’s basis in accordance with the substance of the relevant agreement.
Dividend income is recognised when the company's right to receive payment has been established.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Freehold buildings

2.5% Straight Line

Furniture, fittings and equipment

10% Straight Line

None

Leased assets

No Leased Assets

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Employee benefits

Defined contribution pensions

None

Share-based payments

There are no share-based payments

Other employee benefits

No Benefits are provided to staff

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

Change in length of the reporting period

None

4	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

5	Taxation
		(a) Tax on profit on ordinary activities	2026
		The tax charge is made up as follows:	£
		UK corporation tax










		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-4136	£	£
		Profit on ordinary activities before tax	21,770	12,961

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	4,136	2,463
		Expenses not deductible for tax purposes	39,404	23,459

		Utilisation of tax losses	(21,770)	(12,961)

		Previous year's tax losses are utilised by the company regularly	(21,770)	(12,961)

6	Tangible fixed assets
				Land and buildings	Total
				£	£
		Cost or revaluation
		At 1 February 2025		1,025,000	1,025,000




		At 31 January 2026		1,025,000	1,025,000
		Depreciation






		Net book values
		At 31 January 2026		1,025,000	1,025,000
		At 31 January 2025		1,025,000	1,025,000

		Freehold land and buildings
			2026		2025
			£		£

		Cumulative depreciation based upon historical cost	1,025,000		-
			1,025,000		-

7	Debtors
			2026	2025
			£	£
		Trade debtors	4,407	6,500







			4,407	6,500

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









		Accruals and deferred income	(1)	-
			(1)	-

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	7,200	19,850



		Amounts owed to group undertakings	50,000	50,000


			57,200	69,850

Lease expenses

Obligations under finance leases:

None

Obligations under hire purchase contracts:

None

Obligations under operating leases

None

Share Capital

Ordinary Fully Paid

12	Reserves
			Revaluation Reserve	Total other reserves
			£	£
		At 1 February 2024	50,000	50,000



		At 31 January 2025 and 1 February 2025	50,000	50,000



		At 31 January 2026	50,000	50,000

		Revaluation reserve - reflects the revaluation of property other than investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

13	Dividends
			2026	2025
			£	£
		Dividends for the period:

		Dividends accrued at the period end	5,000	-
			5,000	-

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	5,000	-
			5,000	-

		Dividends proposed before the approval of the accounts	5,000	-

Guarantees made by the company on behalf of directors

None