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Company Registration No. 11251050 (England and Wales)
QBOTS ENERGY LTD Unaudited accounts for the year ended 31 December 2022
QBOTS ENERGY LTD Unaudited accounts Contents
Page
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QBOTS ENERGY LTD Company Information for the year ended 31 December 2022
Directors
LI YAO VIJAY NATARAJAN
Company Number
11251050 (England and Wales)
Registered Office
6 HAZELWOOD ROAD WILMSLOW SK9 2QA
Accountants
Starlea Limited 36A Perry Road Altrincham WA15 7SU
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QBOTS ENERGY LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,879 
8,293 
Current assets
Inventories
71,866 
9,999 
Debtors
297,987 
53,932 
Cash at bank and in hand
216,726 
529,891 
586,579 
593,822 
Creditors: amounts falling due within one year
(180,199)
(261,464)
Net current assets
406,380 
332,358 
Total assets less current liabilities
409,259 
340,651 
Creditors: amounts falling due after more than one year
(74,193)
(50,000)
Net assets
335,066 
290,651 
Capital and reserves
Called up share capital
105 
105 
Profit and loss account
334,961 
290,546 
Shareholders' funds
335,066 
290,651 
For the year ending 31 December 2022 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 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 of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
LI YAO Director Company Registration No. 11251050
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QBOTS ENERGY LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
QBOTS ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 11251050. The registered office is 6 HAZELWOOD ROAD, WILMSLOW, SK9 2QA.
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.
Going concern
The management takes into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorized for issue. As a consequence of this, the director confirmed that the company continues as a going concern.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Grant income Turnover recognized in the financial statements includes government grants received and receivable. The grant income in relation to expenditure are credited when the expenditure is charged to profit and loss account based on accrual model.
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:
Fixtures & fittings
33.33% on a straight line basis
Computer equipment
33.33% on a straight line basis
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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QBOTS ENERGY LTD Notes to the Accounts for the year ended 31 December 2022
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2022
6,153 
14,913 
21,066 
At 31 December 2022
6,153 
14,913 
21,066 
Depreciation
At 1 January 2022
3,290 
9,483 
12,773 
Charge for the year
1,453 
3,961 
5,414 
At 31 December 2022
4,743 
13,444 
18,187 
Net book value
At 31 December 2022
1,410 
1,469 
2,879 
At 31 December 2021
2,863 
5,430 
8,293 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
241,210 
50,067 
Accrued income and prepayments
8,986 
3,865 
Other debtors
47,791 
- 
297,987 
53,932 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
10,648 
44,487 
VAT
14,691 
11,478 
Trade creditors
1,425 
6,300 
Taxes and social security
16,307 
16,241 
Other creditors
137,125 
148,626 
Loans from directors
3 
4,637 
Accruals
- 
29,695 
180,199 
261,464 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
24,193 
- 
Other creditors
50,000 
50,000 
74,193 
50,000 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
10,526 Ordinary shares of £0.01 each
105.26 
105.26 
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QBOTS ENERGY LTD Notes to the Accounts for the year ended 31 December 2022
9
Average number of employees
During the year the average number of employees was 9 (2021: 13).
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