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REGISTERED NUMBER: 11059662 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

QUADRANTE UK LIMITED

QUADRANTE UK LIMITED (REGISTERED NUMBER: 11059662)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


QUADRANTE UK LIMITED

COMPANY INFORMATION
for the year ended 31 December 2022







DIRECTORS: Mr T M Paiva Pais Costa
Mr N A Paiva Pais Costa





REGISTERED OFFICE: 10 St Ann Street
Salisbury
Wiltshire
SP1 2DN





REGISTERED NUMBER: 11059662 (England and Wales)





AUDITORS: Rothmans Audit LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

QUADRANTE UK LIMITED (REGISTERED NUMBER: 11059662)

BALANCE SHEET
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 34 34

CURRENT ASSETS
Debtors 5 177,068 260,102
Cash at bank and in hand 12,149 32,244
189,217 292,346
CREDITORS
Amounts falling due within one year 6 181,122 253,155
NET CURRENT ASSETS 8,095 39,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,129

39,225

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 3,129 34,225
8,129 39,225

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 Board of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by:




Mr T M Paiva Pais Costa - Director



Mr N A Paiva Pais Costa - Director


QUADRANTE UK LIMITED (REGISTERED NUMBER: 11059662)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2022

1. STATUTORY INFORMATION

Quadrante UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable for the provision of construction design services.

Revenue is recognised on the services provided, once the agreed services have been approved and signed off by the client.

Profit is recognised on long term projects when the final outcome can be assessed with reasonable certainty by including turnover and related costs within the profit and loss account dependent upon the stage of completion at the balance sheet date.

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

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.

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account where there is objective evidence that the asset has been impaired.

Cash and cash equivalents
These comprise cash at bank and other short term highly liquid deposits.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

QUADRANTE UK LIMITED (REGISTERED NUMBER: 11059662)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 January 2022
and 31 December 2022 34
NET BOOK VALUE
At 31 December 2022 34
At 31 December 2021 34

The company holds 34% of the issued share capital in Quadrante Hedson Rail Limited

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 72,506 145,024
Amounts owed by group undertakings 97,125 3,149
Other debtors 7,437 111,929
177,068 260,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors - 3,180
Amounts owed to group undertakings 138,373 195,278
Taxation and social security 193 153
Other creditors 42,556 54,544
181,122 253,155

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S A Sullivan FCA (Senior Statutory Auditor)
for and on behalf of Rothmans Audit LLP

8. ULTIMATE PARENT COMPANY

The company's immediate parent company is Quadrante Engenharia e Consultoria SA, which is incorporated in Portugal. The ultimate parent company is Quadrante Investimentos SA, which is incorporated in Portugal. Comp4ss Engenharia e Consultoria SA is the parent of the smallest group of undertakings for which consolidated financial statements are prepared and of which the company is a member. Copies of the consolidated financial statements can be obtained from Avenida da Boavista nº 1837, 2ª Andar, 2.1, Edifício Torre Burgo, 4100-133 Porto, Portugal.