Company Registration No. 08241958 (England and Wales)
Global Quantum Bridges Ltd
Unaudited accounts
for the year ended 31 October 2023
Global Quantum Bridges Ltd
Unaudited accounts
Contents
Global Quantum Bridges Ltd
Company Information
for the year ended 31 October 2023
Director
Elena Ilinskaya-Larkins
Company Number
08241958 (England and Wales)
Registered Office
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA
Global Quantum Bridges Ltd
Statement of financial position
as at 31 October 2023
Intangible assets
38,909
-
Tangible assets
1,541
2,421
Cash at bank and in hand
4
12
Creditors: amounts falling due within one year
(94,998)
(59,479)
Net current liabilities
(94,994)
(58,070)
Net liabilities
(51,353)
(52,458)
Called up share capital
55,100
55,100
Share premium
44,030
44,030
Profit and loss account
(150,483)
(151,588)
Shareholders' funds
(51,353)
(52,458)
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 30 July 2024 and were signed on its behalf by
Elena Ilinskaya-Larkins
Director
Company Registration No. 08241958
Global Quantum Bridges Ltd
Notes to the Accounts
for the year ended 31 October 2023
Global Quantum Bridges Ltd is a private company, limited by shares, registered in England and Wales, registration number 08241958. The registered office is New Derwent House, 69-73 Theobalds Road, London, WC1X 8TA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
33% on costt
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Global Quantum Bridges Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
6
Investments
Other investments
Valuation at 1 November 2022
3,191
Valuation at 31 October 2023
3,191
Investments in associates undertakings are recognised at cost.
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2023
2022
Loans from directors
94,498
58,879
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).