2022-01-01 2022-12-31 false No description of principal activity Capium Accounts Production 1.1 11113056 bus:FullAccounts 2022-01-01 2022-12-31 11113056 bus:FRS102 2022-01-01 2022-12-31 11113056 bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11113056 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 11113056 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11113056 2022-01-01 2022-12-31 11113056 2022-12-31 11113056 bus:RegisteredOffice 2022-01-01 2022-12-31 11113056 core:WithinOneYear 2022-12-31 11113056 core:AfterOneYear 2022-12-31 11113056 bus:Director1 2022-01-01 2022-12-31 11113056 bus:Director1 2022-12-31 11113056 bus:Director1 2021-01-01 2021-12-31 11113056 bus:Director2 2022-01-01 2022-12-31 11113056 bus:Director2 2022-12-31 11113056 bus:Director2 2021-01-01 2021-12-31 11113056 2021-01-01 11113056 bus:CompanySecretary1 2022-01-01 2022-12-31 11113056 bus:LeadAgentIfApplicable 2022-01-01 2022-12-31 11113056 2021-01-01 2021-12-31 11113056 2021-12-31 11113056 core:WithinOneYear 2021-12-31 11113056 core:AfterOneYear 2021-12-31 11113056 bus:EntityAccountantsOrAuditors 2021-01-01 2021-12-31 11113056 core:ComputerEquipment 2022-01-01 2022-12-31 11113056 core:ComputerEquipment 2022-12-31 11113056 core:ComputerEquipment 2021-12-31 11113056 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 11113056 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-12-31 11113056 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 11113056 core:CostValuation core:Non-currentFinancialInstruments 2021-12-31 11113056 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-12-31 11113056 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-12-31 11113056 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-12-31 11113056 core:Non-currentFinancialInstruments 2022-12-31 11113056 core:Non-currentFinancialInstruments 2021-12-31 11113056 core:ShareCapital 2022-12-31 11113056 core:ShareCapital 2021-12-31 11113056 core:SharePremium 2022-12-31 11113056 core:SharePremium 2021-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2022-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2021-12-31 11113056 core:ShareCapitalOrdinaryShares 2022-01-01 11113056 core:ShareCapitalOrdinaryShares 2021-01-01 11113056 core:ShareCapitalOrdinaryShares 2022-01-01 2022-12-31 11113056 core:ShareCapitalOrdinaryShares 2021-01-01 2021-12-31 11113056 core:ShareCapitalOrdinaryShares 2022-12-31 11113056 core:ShareCapitalOrdinaryShares 2021-12-31 11113056 core:SharePremiumOrdinaryShares 2022-01-01 11113056 core:SharePremiumOrdinaryShares 2021-01-01 11113056 core:SharePremiumOrdinaryShares 2022-01-01 2022-12-31 11113056 core:SharePremiumOrdinaryShares 2021-01-01 2021-12-31 11113056 core:SharePremiumOrdinaryShares 2022-12-31 11113056 core:SharePremiumOrdinaryShares 2021-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2022-01-01 11113056 core:RetainedEarningsAccumulatedLosses 2021-01-01 11113056 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2021-01-01 2021-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2022-12-31 11113056 core:RetainedEarningsAccumulatedLosses 2021-12-31 11113056 dpl:Item1 2022-01-01 11113056 dpl:Item1 2022-12-31 11113056 dpl:Item1 2021-01-01 11113056 dpl:Item1 2021-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11113056
England and Wales

 

 

 

QBUNK LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2022

End date: 31 December 2022
Directors Paul Wilson
NOVA GROUP HOLDINGS LIMITED
Registered Number 11113056
Registered Office 57 Jordan Street
Liverpool
Merseyside
L1 0BW
1
Directors
The directors who served the company throughout the year were as follows:
Paul Wilson
NOVA GROUP HOLDINGS LIMITED
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
NOVA GROUP HOLDINGS LIMITED
Director

Date approved: 30 September 2023
2
 
 
Notes
 
2022
£
  2021
£
Fixed assets      
Tangible fixed assets 3 8,484    1,035 
8,484    1,035 
Current assets      
Debtors 4 1,677    76,547 
Cash at bank and in hand 6,198    366,561 
7,875    443,108 
Creditors: amount falling due within one year 5 (113,174)   (86,729)
Net current liabilities (105,299)   356,379 
 
Total assets less current liabilities (96,815)   357,414 
Creditors: amount falling due after more than one year 6 (1,382,921)   (1,272,592)
Net liabilities (1,479,736)   (915,178)
 

Capital and reserves
     
Called up share capital 60    60 
Share premium account 7 149,985    149,985 
Profit and loss account (1,629,781)   (1,065,223)
Shareholder's funds (1,479,736)   (915,178)
 


For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 30 September 2023 and were signed on its behalf by:


-------------------------------
NOVA GROUP HOLDINGS LIMITED
Director
3
  Equity share capital   Equity share premium   Retained Earnings   Total
£ £ £ £
At 01 January 2021 58  132,735  (430,704) (297,911)
Profit for the year (634,519) (634,519)
Total comprehensive income for the year (634,519) (634,519)
Shares issued 2 
Equity share premium - new issue 17,250  17,250 
Total investments by and distributions to owners 2  17,250  17,252 
At 31 December 2021 60  149,985  (1,065,223) (915,178)
At 01 January 2022 60  149,985  (1,065,223) (915,178)
Profit for the year (564,558) (564,558)
Total comprehensive income for the year (564,558) (564,558)
Total investments by and distributions to owners
At 31 December 2022 60  149,985  (1,629,781) (1,479,736)
4
General Information
QBUNK LTD is a private company, limited by shares, registered in England and Wales, registration number 11113056, registration address 57 Jordan Street, Liverpool, Merseyside, L1 0BW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
2.

Average number of employees

Average number of employees during the year was 2 (2021 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 January 2022 9,985    9,985 
Additions  
Disposals  
At 31 December 2022 9,985    9,985 
Depreciation
At 01 January 2022 1,501    1,501 
Charge for year  
On disposals  
At 31 December 2022 1,501    1,501 
Net book values
Closing balance as at 31 December 2022 8,484    8,484 
Opening balance as at 01 January 2022 1,035    1,035 


4.

Debtors: amounts falling due within one year

2022
£
  2021
£
Trade Debtors   92 
Prepayments & Accrued Income   16,459 
Provision For Corporation Tax   54,392 
Other Debtors 1,632   
VAT   5,559 
1,632    76,502 

4.

Debtors: amounts falling due after one year

2022
£
  2021
£
Other Debtors 45    45 
45    45 

5.

Creditors: amount falling due within one year

2022
£
  2021
£
Trade Creditors 26,834    11,667 
Bank Loans & Overdrafts 37,736    45,000 
PAYE & Social Security 8,955    1,349 
Accruals 26,042    28,713 
Other Creditors 21   
Loan 13,000   
VAT 586   
113,174    86,729 

6.

Creditors: amount falling due after more than one year

2022
£
  2021
£
Future Fund Convertible Loan Note 1,382,921    1,272,592 
1,382,921    1,272,592 

7.

Share premium account

2022
£
  2021
£
Equity Share Premium b/fwd 149,985    132,735 
Equity Share Premium - New Issue   17,250 
149,985    149,985 

5