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REGISTERED NUMBER: 10454093 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 July 2023

for

SRB Quantum Limited

SRB Quantum Limited (Registered number: 10454093)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SRB Quantum Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: S R Batehup





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 10454093 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

SRB Quantum Limited (Registered number: 10454093)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 108,472 7,722

CURRENT ASSETS
Debtors 5 35,316 49,327
Cash at bank 159,368 168,876
194,684 218,203
CREDITORS
Amounts falling due within one year 6 (68,626 ) (53,113 )
NET CURRENT ASSETS 126,058 165,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,530

172,812

CREDITORS
Amounts falling due after more than one
year

7

(31,111

)

-
NET ASSETS 203,419 172,812

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 203,418 172,811
SHAREHOLDERS' FUNDS 203,419 172,812

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

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

The director acknowledges his 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.

SRB Quantum Limited (Registered number: 10454093)

Balance Sheet - continued
31 July 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 director and authorised for issue on 23 January 2024 and were signed by:





S R Batehup - Director


SRB Quantum Limited (Registered number: 10454093)

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

1. STATUTORY INFORMATION

SRB Quantum Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 28,805 1,274 30,079
Additions 109,595 - 109,595
At 31 July 2023 138,400 1,274 139,674
DEPRECIATION
At 1 August 2022 21,969 388 22,357
Charge for year 8,623 222 8,845
At 31 July 2023 30,592 610 31,202
NET BOOK VALUE
At 31 July 2023 107,808 664 108,472
At 31 July 2022 6,836 886 7,722

SRB Quantum Limited (Registered number: 10454093)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,085 16,163
Directors' current accounts 12,329 32,751
Tax 8,972 -
VAT 10,511 -
Prepayments 419 413
35,316 49,327

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,403 21,391
Other loans - 10,940
Hire purchase contracts 8,896 -
Trade creditors 53,024 274
Corporation tax - 13,727
VAT - 5,538
Accrued expenses 1,303 1,243
68,626 53,113

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,542 -
Bank loans - 2-5 years 5,179 -
Hire purchase contracts 20,390 -
31,111 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary Share £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 August 2022 172,811
Profit for the year 71,412
Dividends (40,805 )
At 31 July 2023 203,418

SRB Quantum Limited (Registered number: 10454093)

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
S R Batehup
Balance outstanding at start of year 32,750 52,489
Amounts advanced 24,144 90,632
Amounts repaid (44,565 ) (110,371 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,329 32,750

The directors loan was fully repaid within 9 months.

11. RELATED PARTY DISCLOSURES

During the year, total dividends £40,805 (2022: £31,217) were paid to the director of the company.

At the year end, the company was owed £3,108 (2022: £744) by GBP (Mastics) Limited (a company under common control) and this balance is included in Trade Debtors. Also, sales of £8,245 (2022: £3,560) were made during the year to GBP (Mastics) Limited.

12. ULTIMATE CONTROLLING PARTY

Mr S R Batehup is the ultimate controlling party by virtue of holding 100% of share capital.