RQ5 LTD

Company Registration Number:
13784639 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

RQ5 LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

RQ5 LTD

Balance sheet

As at 31 December 2023


Notes

2023

13 months to 31 December 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 7,610 11,930
Tangible assets: 4 218,005 177,092
Total fixed assets: 225,615 189,022
Current assets
Stocks: 1,411,928 153,294
Debtors:   307,281 97,380
Cash at bank and in hand: 372,054 204,931
Total current assets: 2,091,263 455,605
Creditors: amounts falling due within one year:   (197,247) (34,010)
Net current assets (liabilities): 1,894,016 421,595
Total assets less current liabilities: 2,119,731 610,717
Creditors: amounts falling due after more than one year:   (89,204) (60,017)
Provision for liabilities: (25,000) (12,000)
Total net assets (liabilities): 2,005,527 538,700
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,005,427 538,600
Shareholders funds: 2,005,527 538,700

The notes form part of these financial statements

RQ5 LTD

Balance sheet statements

For the year ending 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 February 2024
and signed on behalf of the board by:

Name: Petre Ciuraca
Status: Director

The notes form part of these financial statements

RQ5 LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

RQ5 LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 13 months to 31 December 2022
Average number of employees during the period 11 8

RQ5 LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 11,930
Disposals (1,000)
At 31 December 2023 10,930
Amortisation
At 01 January 2023 0
Charge for year 3,320
At 31 December 2023 3,320
Net book value
At 31 December 2023 7,610
At 31 December 2022 11,930

RQ5 LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 177,092
Additions 50,913
At 31 December 2023 228,005
Depreciation
At 01 January 2023 0
Charge for year 10,000
At 31 December 2023 10,000
Net book value
At 31 December 2023 218,005
At 31 December 2022 177,092