Company Registration No. 06546823 (England and Wales)
QUANTUM CORPORATE COACHING LIMITED
Unaudited accounts
for the year ended 31 March 2023
QUANTUM CORPORATE COACHING LIMITED
Unaudited accounts
Contents
QUANTUM CORPORATE COACHING LIMITED
Company Information
for the year ended 31 March 2023
Company Number
06546823 (England and Wales)
Registered Office
Fox House
Abingdon Road
Kingston Bagpuize
OX13 5AW
United Kingdom
Accountants
Chadwick Accountants & Bookkeepers Ltd
Avon View Offices
90 High Street
Bidford-on-Avon
Warwickshire
B50 4AF
QUANTUM CORPORATE COACHING LIMITED
Accountants' report
Accountants' report to the director of QUANTUM CORPORATE COACHING LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Chadwick Accountants & Bookkeepers Ltd
Avon View Offices
90 High Street
Bidford-on-Avon
Warwickshire
B50 4AF
22 November 2023
QUANTUM CORPORATE COACHING LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
(8,134)
8,094
Creditors: amounts falling due within one year
(20,128)
(18,389)
Net current assets
30,570
46,823
Total assets less current liabilities
30,570
46,823
Creditors: amounts falling due after more than one year
(24,694)
(30,000)
Called up share capital
2
2
Profit and loss account
5,874
16,821
Shareholders' funds
5,876
16,823
For the year ending 31 March 2023 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 her 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 22 November 2023 and were signed on its behalf by
Anne Richardson
Director
Company Registration No. 06546823
QUANTUM CORPORATE COACHING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
QUANTUM CORPORATE COACHING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06546823. The registered office is Fox House, Abingdon Road, Kingston Bagpuize, OX13 5AW, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.
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
25% Straight Line Basis
Computer equipment
33% Straight Line Basis
4
Intangible fixed assets
Goodwill
QUANTUM CORPORATE COACHING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
674
5,709
6,383
At 31 March 2023
674
5,709
6,383
At 1 April 2022
674
5,709
6,383
At 31 March 2023
674
5,709
6,383
Amounts falling due within one year
Other debtors
42,128
43,330
Amounts falling due after more than one year
Other debtors
13,339
13,339
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,391
-
Trade creditors
4,020
2,516
Taxes and social security
786
4,642
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary share capital issued and fully paid of £1 each
2
2
QUANTUM CORPORATE COACHING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans have been granted by the company to its directors totalling as follows:
45,795
-
-
45,795
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).