QUADRUN LTD

Company Registration Number:
04852879 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

QUADRUN LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

QUADRUN LTD

Company Information

for the Period Ended 31 July 2023




Director: Mr Sam Prentice
Mrs Linda Prentice
Registered office: 2
Holden Close
Hitchin
Hertfordshire
SG4 0EJ
Company Registration Number: 04852879 (England and Wales)

QUADRUN LTD

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

furniture upholstery

Additional information

The board of directors decided to cease trading because of the high material cost and low profit margin.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Mr Sam Prentice
Mrs Linda Prentice

This report was approved by the board of directors on 6 March 2024
And Signed On Behalf Of The Board By:

Name: Mr Sam Prentice
Status: Director

QUADRUN LTD

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 56,710 50,196
Cost of sales ( 47,627 ) ( 38,684 )
Gross Profit or (Loss) 9,083 11,512
Administrative Expenses ( 9,575 ) ( 9,194 )
Operating Profit or (Loss) ( 492 ) 2,318
Profit or (Loss) Before Tax ( 492 ) 2,318
Tax on Profit ( 0 ) ( 448 )
Profit or (Loss) for Period ( 492 ) 1,870

The notes form part of these financial statements

QUADRUN LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 50 67
Total fixed assets: 50 67
Current assets
Stocks: 100 100
Debtors: 5 0 147
Cash at bank and in hand: 3,460 5,870
Total current assets: 3,560 6,117
Creditors: amounts falling due within one year: 6 ( 1,515 ) ( 3,597 )
Net current assets (liabilities): 2,045 2,520
Total assets less current liabilities: 2,095 2,587
Total net assets (liabilities): 2,095 2,587

The notes form part of these financial statements

QUADRUN LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,093 2,585
Shareholders funds: 2,095 2,587

For the year ending 31 July 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.

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 6 March 2024
And Signed On Behalf Of The Board By:

Name: Mr Sam Prentice
Status: Director

The notes form part of these financial statements

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 August 2022 1,238 1,238
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2023 1,238 1,238
Depreciation
At 01 August 2022 1,171 1,171
Charge for year 17 17
On disposals - -
Other adjustments - -
At 31 July 2023 1,188 1,188
Net book value
At 31 July 2023 50 50
At 31 July 2022 67 67

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Prepayments and accrued income 0 147
Total 0 147

QUADRUN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 121 569
Accruals and deferred income 1,394 3,028
Total 1,515 3,597