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REGISTERED NUMBER: 06716605 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

QUADRIGY LIMITED

QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QUADRIGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr A J Ormston





SECRETARY: Mr A J Ormston





REGISTERED OFFICE: Fairbourne Farmhouse,
Crook Hill
Braishfield
Romsey
Hampshire
SO51 OQB





REGISTERED NUMBER: 06716605 (England and Wales)





ACCOUNTANTS: Romsey Accountants GDT Limited
Unit 3, Shelley Farm
Shelley Lane
Ower
Romsey
Hampshire
SO51 6AS

QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,816 60,652

CURRENT ASSETS
Debtors 5 42,757 42,850
Cash at bank 9,962 7,455
52,719 50,305
CREDITORS
Amounts falling due within one year 6 80,893 73,276
NET CURRENT LIABILITIES (28,174 ) (22,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,642

37,681

CREDITORS
Amounts falling due after more than
one year

7

30,207

36,433
NET ASSETS 435 1,248

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 333 1,146
SHAREHOLDERS' FUNDS 435 1,248

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

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

QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

BALANCE SHEET - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





Mr A J Ormston - Director


QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Quadrigy 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.
Plant and machinery - 25% on reducing balance
Fixtures, fittings & office equipment - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period, financial instruments are assessed for evidence of impairment and changes are recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued
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 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Improvements fittings
to Plant and & office Computer
property machinery equipment equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 47,857 16,620 12,610 10,516 87,603
Additions - 1,390 520 - 1,910
At 31 October 2023 47,857 18,010 13,130 10,516 89,513
DEPRECIATION
At 1 November 2022 - 7,098 9,511 10,342 26,951
Charge for year - 2,728 905 113 3,746
At 31 October 2023 - 9,826 10,416 10,455 30,697
NET BOOK VALUE
At 31 October 2023 47,857 8,184 2,714 61 58,816
At 31 October 2022 47,857 9,522 3,099 174 60,652

QUADRIGY LIMITED (REGISTERED NUMBER: 06716605)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 39,863 39,910
Other debtors 2,894 2,940
42,757 42,850

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 6,226 6,226
Trade creditors 10,555 5,247
Taxation and social security 46,914 28,112
Other creditors 17,198 33,691
80,893 73,276

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 30,207 36,433

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.10.23 31.10.22
£    £   
Mr A J Ormston
Balance outstanding at start of year (28,879 ) 21,622
Amounts advanced 147,616 126,809
Amounts repaid (120,412 ) (177,310 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,675 ) (28,879 )