Qualis Properties Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11073134 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2019

for

Qualis Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms J Aitken

R McCarthy

REGISTERED OFFICE:

Watmough House

The Parade

Wrotham Road

Meopham

Kent

DA13 0JL

REGISTERED NUMBER:

11073134 (England and Wales)

ACCOUNTANTS:

Bells Accountants

10a High Street

Chislehurst

Kent

BR7 5AN

FIXED ASSETS

Tangible assets

4

180,500

87,500

CURRENT ASSETS

Cash at bank

6,657

8,207

NET CURRENT ASSETS

6,657

8,207

TOTAL ASSETS LESS CURRENT LIABILITIES

187,157

95,707

CREDITORS

Amounts falling due after more than one year

5

220,842

128,921

NET LIABILITIES

(33,685

)

(33,214

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(33,687

)

(33,216

)

SHAREHOLDERS' FUNDS

(33,685

)

(33,214

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2019 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 29 April 2020 and were signed on its behalf by:

Ms J Aitken - Director

1.	STATUTORY INFORMATION

Qualis Properties Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 December 2018

87,500

Additions

93,000

At 30 November 2019

180,500

NET BOOK VALUE

At 30 November 2019

180,500

At 30 November 2018

87,500

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.19

30.11.18

£

£

Other creditors

220,842

128,921

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms J Aitken.