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REGISTERED NUMBER: 11229977 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Joisto Quertum UK Ltd

Joisto Quertum UK Ltd (Registered number: 11229977)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Joisto Quertum UK Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Joisto Group Oy
C Prince





REGISTERED OFFICE: Ash House
Tanshire Park
Shackleford Road
Elstead
Surrey
GU8 6LB





REGISTERED NUMBER: 11229977 (England and Wales)





ACCOUNTANTS: Chamberlains Chartered Accountants
Elm House, Tanshire Park
Shackleford Road, Elstead
Godalming
Surrey
GU8 6LB

Joisto Quertum UK Ltd (Registered number: 11229977)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350 -
Investments 5 13,152 9,294
13,502 9,294

CURRENT ASSETS
Debtors 6 73,686 43,834
Cash in hand 2,742 1,124
76,428 44,958
CREDITORS
Amounts falling due within one year 7 147,066 115,137
NET CURRENT LIABILITIES (70,638 ) (70,179 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(57,136

)

(60,885

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (57,236 ) (60,985 )
(57,136 ) (60,885 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 11 March 2024 and were signed on its behalf by:




C Prince - Director


Joisto Quertum UK Ltd (Registered number: 11229977)

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

1. STATUTORY INFORMATION

Joisto Quertum UK Ltd 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Joisto Quertum UK Ltd (Registered number: 11229977)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 467
At 31 December 2023 467
DEPRECIATION
Charge for year 117
At 31 December 2023 117
NET BOOK VALUE
At 31 December 2023 350

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 9,294
Additions 3,858
At 31 December 2023 13,152
NET BOOK VALUE
At 31 December 2023 13,152
At 31 December 2022 9,294

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 53,460 19,980
Joisto Oy - 2,000
Joisto Quertum PL sp zoo 13,000 17,500
Other debtors 2,220 2,220
Directors' current accounts 1,570 -
Prepayments 3,436 2,134
73,686 43,834

Joisto Quertum UK Ltd (Registered number: 11229977)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 8,501 14,195
Joisto Quertum PL sp zoo 58,756 28,059
Social security and other taxes 1,725 384
VAT 41,707 30,087
Other creditors 15 -
Loan 36,362 36,362
Directors' current accounts - 4,050
Accruals and deferred income - 2,000
147,066 115,137