09875788falseAircraft consultancy services2021-12-012022-11-30http://www.companieshouse.gov.uk/2021-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2021-11-30http://www.companieshouse.gov.uk/cd:Director12021-12-012022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2021-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-12-012022-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-12-012022-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22021-12-012022-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-12-012022-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-11-30http://www.companieshouse.gov.uk/2021-12-012022-11-30http://www.companieshouse.gov.uk/2021-11-30http://www.companieshouse.gov.uk/cd:FRS1022021-12-012022-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2021-12-012022-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-12-012022-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09875788

Quantum European Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

Prepared By:
Simon Porter FCA
120 Woodcote Road
Caversham
Reading
RG4 7EZ

Quantum European Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2022
DIRECTORS
Keith Luxton
SECRETARY
Keith Luxton
REGISTERED OFFICE
27 Enderby Drive
Hexham
NE46 2PA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09875788
ACCOUNTANTS
Simon Porter FCA
120 Woodcote Road
Caversham
Reading
RG4 7EZ

Quantum European Ltd

ACCOUNTS
FOR THEYEARENDED30 NOVEMBER 2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Quantum European Ltd

BALANCE SHEET AT 30 November 2022
20222021
Notes££
FIXED ASSETS
Tangible assets32541,447
CURRENT ASSETS
Debtors4347120
Cash at bank and in hand54,29765,219
54,64465,339
CREDITORS: Amounts falling due within one year520,55125,186
NET CURRENT ASSETS34,09340,153
TOTAL ASSETS LESS CURRENT LIABILITIES34,34741,600
CREDITORS: Amounts falling due after more than one year620,79528,505
NET ASSETS13,55213,095
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account13,55013,093
SHAREHOLDERS' FUNDS13,55213,095
For the year ending 30 November 2022 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28 November 2023 and signed on their behalf by
.............................
Keith Luxton
Director

Quantum European Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2022
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 25%
2. EMPLOYEES
20222021
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 December 20214,7704,770
At 30 November 20224,7704,770
Depreciation
At 1 December 20213,3233,323
For the year1,1931,193
At 30 November 20224,5164,516
Net Book Amounts
At 30 November 2022254254
At 30 November 20211,4471,447

Quantum European Ltd

4. DEBTORS 20222021
££
Amounts falling due within one year
VAT347120
347120
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
Other taxation and social security9,78015,067
Directors current account1,8511,199
Bank Loan7,7107,710
Accruals1,2101,210
20,55125,186
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20222021
££
Bank loans (unsecured) >1yr20,79528,505
20,79528,505
7. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
1 A Ordinary shares of £1 each11
22
8. RELATED PARTY TRANSACTIONS
During the year the company paid the directors £480 (2021 - £480) for the use of their home as an office.