1 January 2021 false No description of principal activity Taxfiler 2022.8.3 11727434business:PrivateLimitedCompanyLtd2021-01-012021-12-31 117274342020-12-31 117274342021-01-012021-12-31 11727434business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 11727434business:FullAccounts2021-01-012021-12-31 117274342021-12-31 117274342020-12-31 11727434core:WithinOneYear2021-12-31 11727434core:WithinOneYear2020-12-31 11727434core:AfterOneYear2021-12-31 11727434core:AfterOneYear2020-12-31 11727434core:ShareCapital2021-12-31 11727434core:ShareCapital2020-12-31 11727434core:RetainedEarningsAccumulatedLosses2021-12-31 11727434core:RetainedEarningsAccumulatedLosses2020-12-31 11727434business:SmallEntities2021-01-012021-12-31 11727434business:Director12021-01-012021-12-31 11727434countries:EnglandWales2021-01-012021-12-31 11727434business:RegisteredOffice2021-01-012021-12-31 11727434core:ComputerEquipment2021-01-012021-12-31 11727434core:ComputerEquipment2020-12-31 11727434core:ComputerEquipment2021-12-31 117274342020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11727434 (England and Wales)
QTC Design Ltd Unaudited accounts for the year ended 31 December 2021
QTC Design Ltd Unaudited accounts Contents
Page
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QTC Design Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,024 
- 
Current assets
Debtors
30,855 
22,180 
Cash at bank and in hand
669 
8,896 
31,524 
31,076 
Creditors: amounts falling due within one year
(8,049)
(2,658)
Net current assets
23,475 
28,418 
Total assets less current liabilities
26,499 
28,418 
Creditors: amounts falling due after more than one year
(21,660)
(22,500)
Net assets
4,839 
5,918 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,838 
5,917 
Shareholders' funds
4,839 
5,918 
For the year ending 31 December 2021 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 director acknowledges his 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 and authorised for issue on 12 April 2022 and were signed on its behalf by
Simon Beckett Director Company Registration No. 11727434
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QTC Design Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
QTC Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 11727434. The registered office is 39 Humbolt Road, London, W6 8QQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
- 
Additions
3,220 
At 31 December 2021
3,220 
Depreciation
Charge for the year
196 
At 31 December 2021
196 
Net book value
At 31 December 2021
3,024 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
755 
180 
Trade debtors
100 
- 
Other debtors
30,000 
22,000 
30,855 
22,180 
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QTC Design Ltd Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
- 
1,343 
Taxes and social security
- 
1,266 
Other creditors
8,000 
- 
Loans from directors
49 
49 
8,049 
2,658 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
21,660 
22,500 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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