REGISTERED NUMBER: |
QUAN CONSULTING LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
REGISTERED NUMBER: |
QUAN CONSULTING LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
QUAN CONSULTING LIMITED (REGISTERED NUMBER: 13954830) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
QUAN CONSULTING LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Limited liability partnership in England & Wales |
Registered number OC312313 |
Elfed House |
Oak Tree Court |
Cardiff Gate Business Park |
CARDIFF |
County of Cardiff |
CF23 8RS |
QUAN CONSULTING LIMITED (REGISTERED NUMBER: 13954830) |
BALANCE SHEET |
31 MARCH 2023 |
Notes | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
QUAN CONSULTING LIMITED (REGISTERED NUMBER: 13954830) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Quan consulting Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. |
The company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound. |
The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
There have been no material departures from Financial Reporting Standard 102. |
Turnover |
Turnover represents amounts receivable for consultancy and recruitment services net of VAT and trade discounts. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. |
Depreciation is provided at rates calculated to write off fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment 15% on cost |
Taxation |
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Investments |
Investments are included at fair value. Gains are recognised in the profit and loss statement. Deferred tax is |
provided on these gains at the rate expected to apply when the asset is sold. Listed investments are valued at the current bid price at the balance sheet date. |
Financial instruments |
Basic financial instruments are recognised at amortised cost. |
QUAN CONSULTING LIMITED (REGISTERED NUMBER: 13954830) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 31 March 2023 |
DEPRECIATION |
Charge for period |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Listed |
investments |
£ |
COST OR VALUATION |
Additions |
Revaluations | ( |
) |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
Cost or valuation at 31 March 2023 is represented by: |
Listed |
investments |
£ |
Valuation in 2023 | 416,944 |
Market value of listed investments at 31 March 2023 - £ 416,944 . |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Director's current account | 13,874 |
Prepayments and accrued income |
QUAN CONSULTING LIMITED (REGISTERED NUMBER: 13954830) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Corporation tax |
Social security and other taxes |
VAT | 51,889 |
Other creditors |
Accruals and deferred income |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £0.10 | 10 |
9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 31 March 2023: |
£ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
Interest has been charged on the loan at a commercial rate. |