IRIS Accounts Production v23.3.0.418 13954830 director 4.3.22 31.3.23 31.3.23 false true false false true false Ordinary 0.10000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139548302022-03-03139548302023-03-31139548302022-03-042023-03-31139548302022-03-0313954830ns10:Originalns15:EnglandWales2022-03-042023-03-3113954830ns14:PoundSterlingns10:Original2022-03-042023-03-3113954830ns10:Originalns10:Director12022-03-042023-03-3113954830ns10:Original2022-03-042023-03-3113954830ns10:Original2023-03-3113954830ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-042023-03-3113954830ns10:Originalns10:SmallEntities2022-03-042023-03-3113954830ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-042023-03-3113954830ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-042023-03-3113954830ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-042023-03-3113954830ns10:Originalns10:FullAccounts2022-03-042023-03-3113954830ns10:Originalns10:OrdinaryShareClass12022-03-042023-03-3113954830ns10:CompanySecretary1ns10:Original2022-03-042023-03-3113954830ns10:Originalns10:RegisteredOffice2022-03-042023-03-3113954830ns10:Originalns5:CurrentFinancialInstruments2023-03-3113954830ns5:ShareCapitalns10:Original2023-03-3113954830ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3113954830ns10:Originalns5:ComputerEquipment2022-03-042023-03-3113954830ns10:Originalns5:ComputerEquipment2023-03-3113954830ns10:Originalns5:ListedExchangeTradedns5:AdditionsToInvestments2023-03-3113954830ns10:Originalns5:ListedExchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-03-3113954830ns10:Originalns5:ListedExchangeTradedns5:CostValuation2023-03-3113954830ns10:Originalns5:ListedExchangeTraded2023-03-3113954830ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113954830ns10:Originalns10:OrdinaryShareClass12023-03-3113954830ns10:Original1ns10:Director12022-03-0313954830ns10:Original1ns10:Director12022-03-042023-03-3113954830ns10:Original1ns10:Director12023-03-31
REGISTERED NUMBER: 13954830 (England and Wales)


















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: D M Gibbard-Jones





SECRETARY: H J Holdaway





REGISTERED OFFICE: 18 Fawcett Street
Kensington
LONDON
SW10 9JD





REGISTERED NUMBER: 13954830 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
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 4 823
Investments 5 416,944
417,767

CURRENT ASSETS
Debtors 6 387,073
Cash at bank 868,727
1,255,800
CREDITORS
Amounts falling due within one year 7 (442,387 )
NET CURRENT ASSETS 813,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,231,180

PROVISIONS FOR LIABILITIES (206 )
NET ASSETS 1,230,974

CAPITAL AND RESERVES
Called up share capital 8 10
Retained earnings 1,230,964
SHAREHOLDERS' FUNDS 1,230,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 27 November 2023 and were signed by:





D M Gibbard-Jones - Director


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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 2 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 898
At 31 March 2023 898
DEPRECIATION
Charge for period 75
At 31 March 2023 75
NET BOOK VALUE
At 31 March 2023 823

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
Additions 428,440
Revaluations (11,496 )
At 31 March 2023 416,944
NET BOOK VALUE
At 31 March 2023 416,944

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 368,236
Director's current account 13,874
Prepayments and accrued income 4,963
387,073

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 85,266
Corporation tax 298,169
Social security and other taxes 1,991
VAT 51,889
Other creditors 257
Accruals and deferred income 4,815
442,387

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 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:

£   
D M Gibbard-Jones
Balance outstanding at start of period -
Amounts advanced 68,035
Amounts repaid (54,161 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 13,874

Interest has been charged on the loan at a commercial rate.