QUANTICA SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Quantica Solutions Limited is a private company, limited by shares, registered in England and Wales, company number 05235505 and registered office address 4th Floor, 19-21 Great Tower Street, London, EC3R 5AR.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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The Company is a 100% subsidiary of Quantica Limited, a company registered in England and Wales.
The ultimate parent company is The Kellan Group Limited, a company registered in England and Wales. The consolidated financial statements of The Kellan Group Limited can be obtained from Companies House.
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