31 May 2022 false No description of principal activity Taxfiler 2023.11.1 05690870business:PrivateLimitedCompanyLtd2022-05-312023-05-30 056908702022-05-30 056908702022-05-312023-05-30 05690870business:AuditExempt-NoAccountantsReport2022-05-312023-05-30 05690870business:FilletedAccounts2022-05-312023-05-30 056908702023-05-30 05690870business:Director12022-05-312023-05-30 05690870business:Director32022-05-312023-05-30 05690870business:Director42022-05-312023-05-30 05690870business:Director52022-05-312023-05-30 05690870business:Director62022-05-312023-05-30 05690870business:Director72022-05-312023-05-30 05690870business:RegisteredOffice2022-05-312023-05-30 056908702022-05-30 05690870core:WithinOneYear2023-05-30 05690870core:WithinOneYear2022-05-30 05690870core:ShareCapitalcore:PreviouslyStatedAmount2023-05-30 05690870core:ShareCapitalcore:PreviouslyStatedAmount2022-05-30 05690870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-30 05690870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-30 05690870core:PreviouslyStatedAmount2023-05-30 05690870core:PreviouslyStatedAmount2022-05-30 05690870business:SmallEntities2022-05-312023-05-30 05690870countries:EnglandWales2022-05-312023-05-30 05690870core:ComputerEquipment2022-05-312023-05-30 05690870core:ComputerEquipment2022-05-30 05690870core:ComputerEquipment2023-05-30 056908702021-05-312022-05-30 iso4217:GBP xbrli:pure
Company Registration No. 05690870 (England and Wales)
QUANTUM LEDGER TECHNOLOGY LTD Unaudited accounts for the year ended 30 May 2023
QUANTUM LEDGER TECHNOLOGY LTD Unaudited accounts Contents
Page
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QUANTUM LEDGER TECHNOLOGY LTD Company Information for the year ended 30 May 2023
Directors
Asad Khan Tejas Bhagat David Bell Danielle Bell Dr Franz Michael Schuette Angel Orrantia
Company Number
05690870 (England and Wales)
Registered Office
Kemp House 160 City Road London EC1V 2NX England
Accountants
Wizz Accounting Ltd 128 City Road London EC1V 2NX
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QUANTUM LEDGER TECHNOLOGY LTD Statement of financial position as at 30 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
516 
Current assets
Cash at bank and in hand
- 
69 
Creditors: amounts falling due within one year
(2,424)
(2,387)
Net current liabilities
(2,424)
(2,318)
Net liabilities
(2,424)
(1,802)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,426)
(1,804)
Shareholders' funds
(2,424)
(1,802)
For the year ending 30 May 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by
Tejas Bhagat Director Company Registration No. 05690870
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QUANTUM LEDGER TECHNOLOGY LTD Notes to the Accounts for the year ended 30 May 2023
1
Statutory information
QUANTUM LEDGER TECHNOLOGY LTD is a private company, limited by shares, registered in England and Wales, registration number 05690870. The registered office is Kemp House, 160 City Road, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 31 May 2022
1,546 
At 30 May 2023
1,546 
Depreciation
At 31 May 2022
1,030 
Charge for the year
516 
At 30 May 2023
1,546 
Net book value
At 30 May 2023
- 
At 30 May 2022
516 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
2,318 
2,387 
Accruals
106 
- 
2,424 
2,387 
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QUANTUM LEDGER TECHNOLOGY LTD Notes to the Accounts for the year ended 30 May 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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