QUINTAS HOMES LIMITED - Accounts to registrar (filleted) - small 18.2
QUINTAS HOMES LIMITED - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2019 |
| FOR |
| QUINTAS HOMES LIMITED |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| QUINTAS HOMES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 194 Honeypot Lane |
| Stanmore |
| Middlesex |
| HA7 1EE |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| BALANCE SHEET |
| 30 APRIL 2019 |
| 30/4/19 | 30/4/18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Investments | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| BALANCE SHEET - continued |
| 30 APRIL 2019 |
| 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 on |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 1. | STATUTORY INFORMATION |
| QUINTAS HOMES LIMITED is a |
| 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 |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will |
| be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 May 2018 |
| Additions |
| At 30 April 2019 |
| DEPRECIATION |
| At 1 May 2018 |
| Charge for year |
| At 30 April 2019 |
| NET BOOK VALUE |
| At 30 April 2019 |
| At 30 April 2018 |
| 5. | DEBTORS |
| 30/4/19 | 30/4/18 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CURRENT ASSET INVESTMENTS |
| 30/4/19 | 30/4/18 |
| £ | £ |
| Unlisted investments | 103,877 | 103,877 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/4/19 | 30/4/18 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| QUINTAS HOMES LIMITED (REGISTERED NUMBER: 06001940) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2019 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/4/19 | 30/4/18 |
| £ | £ |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Other loans more 5yrs non-inst |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/4/19 | 30/4/18 |
| £ | £ |
| Other loans |
| The Loan is Secured by the assets of the parent company Quintas Group Ltd. |
| 10. | RELATED PARTY DISCLOSURES |
| Other Debtors includes amount receivables; £268,780 (2018: £268,780) from Avocado Development Limited, a |
| company in which Quintas Homes Limited is a shareholder and Mr S Haria & Mr H Halai are directors. |
| From Selkirk Mews Limited, £NIL (2018: £70,000) a company in which Quintas Homes Limited is a shareholder |
| and Mr S Haria is a director. |
| From Stangate (UK) Ltd, £64,000 (2018: £55,950 ) a company in which Quintas Homes Limited is a shareholder and |
| Mr S Haria is a director. |
| From Quintas investments Ltd, £NIL (2018: £13,700 ) a company in which the Directors' are shareholders and |
| directors. |
| From Quintas Group Limited, £2,000 (2018: £2,000 ) which is the parent to and ultimate controlling party of the |
| company. |
| Other Creditors include an amount of £315,000 receivable form Kenvest Ltd, a company in which the Directors' are |
| shareholders and directors. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is the Quintas Group Ltd. |