IRIS Accounts Production v23.3.1.45 08967487 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089674872022-03-31089674872023-03-31089674872022-04-012023-03-31089674872021-03-31089674872021-04-012022-03-31089674872022-03-3108967487ns10:Originalns15:EnglandWales2022-04-012023-03-3108967487ns14:PoundSterlingns10:Original2022-04-012023-03-3108967487ns10:Originalns10:Director12022-04-012023-03-3108967487ns10:Original2022-04-012023-03-3108967487ns10:Originalns10:Director22022-04-012023-03-3108967487ns10:Original2023-03-3108967487ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108967487ns10:Originalns10:SmallEntities2022-04-012023-03-3108967487ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3108967487ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108967487ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3108967487ns10:Originalns10:FullAccounts2022-04-012023-03-3108967487ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3108967487ns10:Original2022-03-3108967487ns10:Originalns5:CurrentFinancialInstruments2023-03-3108967487ns10:Originalns5:CurrentFinancialInstruments2022-03-3108967487ns10:Originalns5:Non-currentFinancialInstruments2023-03-3108967487ns10:Originalns5:Non-currentFinancialInstruments2022-03-3108967487ns5:ShareCapitalns10:Original2023-03-3108967487ns5:ShareCapitalns10:Original2022-03-3108967487ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3108967487ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108967487ns10:Originalns10:RegisteredOffice2022-04-012023-03-3108967487ns10:Original2021-04-012022-03-3108967487ns10:Originalns5:FurnitureFittings2022-03-3108967487ns10:Originalns5:MotorVehicles2022-03-3108967487ns10:Original2022-03-3108967487ns10:Originalns5:FurnitureFittings2022-04-012023-03-3108967487ns10:Originalns5:MotorVehicles2022-04-012023-03-3108967487ns10:Originalns5:FurnitureFittings2023-03-3108967487ns10:Originalns5:MotorVehicles2023-03-3108967487ns10:Originalns5:FurnitureFittings2022-03-3108967487ns10:Originalns5:MotorVehicles2022-03-3108967487ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108967487ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3108967487ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3108967487ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3108967487ns10:Originalns10:OrdinaryShareClass12023-03-3108967487ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108967487ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 08967487 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Quomatic Solution Limited

Quomatic Solution Limited (Registered number: 08967487)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Quomatic Solution Limited (Registered number: 08967487)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £ £
Fixed assets
Tangible assets 4 1,137 1,516

Current assets
Debtors 5 54,700 37,720
Cash at bank 6,006 16,792
60,706 54,512
Creditors
Amounts falling due within one year 6 (30,179 ) (22,455 )
Net current assets 30,527 32,057
Total assets less current liabilities 31,664 33,573

Creditors
Amounts falling due after more than
one year

7

(29,000

)

(33,000

)
Net assets 2,664 573

Capital and reserves
Called up share capital 9 50,035 50,035
Retained earnings 10 (47,371 ) (49,462 )
Shareholders' funds 2,664 573

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

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

The directors acknowledge their 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.

Quomatic Solution Limited (Registered number: 08967487)

Balance Sheet - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2023 and were signed on its behalf by:




Kartheek Naraharisetty - Director



K Ningilai - Director


Quomatic Solution Limited (Registered number: 08967487)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. Statutory information

Quomatic Solution Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08967487

Registered office: Marshall House, Suite 21/25
124 Middleton Road
Morden
SM4 6RW

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by 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.

Quomatic Solution Limited (Registered number: 08967487)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£ £ £
Cost
At 1 April 2022
and 31 March 2023 2,138 2,900 5,038
Depreciation
At 1 April 2022 1,138 2,384 3,522
Charge for year 250 129 379
At 31 March 2023 1,388 2,513 3,901
Net book value
At 31 March 2023 750 387 1,137
At 31 March 2022 1,000 516 1,516

5. Debtors: amounts falling due within one year
31.3.23 31.3.22
£ £
Trade debtors 2,700 3,720
Other debtors 52,000 34,000
54,700 37,720

6. Creditors: amounts falling due within one year
31.3.23 31.3.22
£ £
Trade creditors 453 453
Tax 19,050 11,504
VAT 10,676 10,498
30,179 22,455

7. Creditors: amounts falling due after more than one year
31.3.23 31.3.22
£ £
Bank loans (see note 8) 29,000 33,000

Quomatic Solution Limited (Registered number: 08967487)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. Loans

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£ £
Amounts falling due between one and two years:
Bank loans - 1-2 years 29,000 33,000

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £ £
50,035 Ordinary shares 1 50,035 50,035

10. Reserves
Retained
earnings
£

At 1 April 2022 (49,462 )
Profit for the year 80,835
Dividends (78,744 )
At 31 March 2023 (47,371 )