QUANTUM PARTICLE TRADING LIMITED

Company Registration Number:
12442910 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

QUANTUM PARTICLE TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

QUANTUM PARTICLE TRADING LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Paris Sheppard
Registered office: 144
Butts Road
Southampton
England
SO19 1BJ
Company Registration Number: 12442910 (England and Wales)

QUANTUM PARTICLE TRADING LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 22,712 23,960
Tangible assets: 5 96,532 120,165
Total fixed assets: 119,244 144,125
Current assets
Stocks: 826 7,058
Debtors: 5,600 5,235
Cash at bank and in hand: 7,492 119,627
Total current assets: 13,918 131,920
Prepayments and accrued income: 2,095 1,424
Creditors: amounts falling due within one year: ( 23,212 ) ( 22,559 )
Net current assets (liabilities): ( 7,199 ) 110,785
Total assets less current liabilities: 112,045 254,910
Creditors: amounts falling due after more than one year: ( 457,500 ) ( 400,000 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 281 ) ( 2,702 )
Total net assets (liabilities): ( 345,736 ) ( 147,792 )

The notes form part of these financial statements

QUANTUM PARTICLE TRADING LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 345,737 ) ( 147,793 )
Shareholders funds: ( 345,736 ) ( 147,792 )

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: Paris Sheppard
Status: Director

The notes form part of these financial statements

QUANTUM PARTICLE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUANTUM PARTICLE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 14 4

QUANTUM PARTICLE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

QUANTUM PARTICLE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 March 2022 25,000
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 28 February 2023 25,000
    Amortisation
    Amortisation at 01 March 2022 1,040
    Charge for year 1,248
    On disposals (0)
    Other adjustments 0
    Amortisation at 28 February 2023 2,288
    Net book value
    Net book value at 28 February 2023 22,712
    Net book value at 28 February 2022 23,960

QUANTUM PARTICLE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible Assets

Total
Cost £
At 01 March 2022 140,400
Additions 5,804
Disposals (2,425)
Revaluations 0
Transfers 0
At 28 February 2023 143,779
Depreciation
At 01 March 2022 20,235
Charge for year 27,527
On disposals (515)
Other adjustments 0
At 28 February 2023 47,247
Net book value
At 28 February 2023 96,532
At 28 February 2022 120,165