Quay Property Investments Limited - Accounts to registrar (filleted) - small 17.3
Quay Property Investments Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017 |
| FOR |
| QUAY PROPERTY INVESTMENTS LIMITED |
| QUAY PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 04937869) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| QUAY PROPERTY INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 10 London Mews |
| Paddington |
| London |
| W2 1HY |
| QUAY PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 04937869) |
| BALANCE SHEET |
| 31 May 2017 |
| 31.5.17 | 31.5.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| 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 |
| QUAY PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 04937869) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2017 |
| 1. | STATUTORY INFORMATION |
| Quay Property Investments 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 |
| Tangible fixed assets |
| Short leasehold | - |
| Fixtures and fittings | - |
| Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. |
| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, |
| or if there is an indication of a significant change since the last reporting date. |
| Financial instruments |
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and |
| liabilities like trade debtors, trade creditors, other debtors and other creditors. |
| The basic financial instruments are initially recognised at transaction price and subsequently carried at amortised cost. |
| Taxation |
| No taxation charge for the year has arisen . 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 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. |
| Revenue |
| Other operating income represents net rental income received or receivable, excluding value added tax. This is recognised |
| based on rental invoices raised. |
| QUAY PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 04937869) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2017 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Short | and |
| leasehold | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2016 |
| and 31 May 2017 |
| DEPRECIATION |
| At 1 June 2016 |
| Charge for year |
| At 31 May 2017 |
| NET BOOK VALUE |
| At 31 May 2017 |
| At 31 May 2016 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. | FIRST YEAR ADOPTION |
| This is the first year that the company has presented its results under FRS 102. The last financial statements under UK |
| GAAP were for the year ended 31 May 2016. The date of transition to FRS 102 was 1 June 2015. There are no transitional |
| adjustments arising from the first time adoption of FRS 102. |