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Company Registration No. 07738983 (England and Wales)
Q Intelligent Security Ltd Unaudited accounts for the year ended 31 August 2023
Q Intelligent Security Ltd Unaudited accounts Contents
Page
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Q Intelligent Security Ltd Company Information for the year ended 31 August 2023
Director
Chris Rouse
Company Number
07738983 (England and Wales)
Registered Office
Brightwell Grange Britwell Road Burnham Berkshire SL1 8DF England
Accountants
Blue Cube Accountants Limited Britwell Grange Britwell Road Burnham SL1 8DF
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Q Intelligent Security Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,222 
1,824 
Investment property
250,000 
- 
251,222 
1,824 
Current assets
Debtors
151,309 
287,829 
Cash at bank and in hand
9,138 
9,404 
160,447 
297,233 
Creditors: amounts falling due within one year
(285,192)
(182,480)
Net current (liabilities)/assets
(124,745)
114,753 
Total assets less current liabilities
126,477 
116,577 
Creditors: amounts falling due after more than one year
(33,674)
(38,969)
Net assets
92,803 
77,608 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
92,703 
77,508 
Shareholders' funds
92,803 
77,608 
For the year ending 31 August 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 his 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 August 2024 and were signed on its behalf by
Chris Rouse Director Company Registration No. 07738983
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Q Intelligent Security Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Q Intelligent Security Ltd is a private company, limited by shares, registered in England and Wales, registration number 07738983. The registered office is Brightwell Grange, Britwell Road, Burnham, Berkshire, SL1 8DF, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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% Reducing balance
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 taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Q Intelligent Security Ltd Notes to the Accounts for the year ended 31 August 2023
3
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
9,354 
At 31 August 2023
9,354 
Depreciation
At 1 September 2022
7,530 
Charge for the year
602 
At 31 August 2023
8,132 
Net book value
At 31 August 2023
1,222 
At 31 August 2022
1,824 
4
Investment property
2023 
£ 
Additions
250,000 
At 31 August 2023
250,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,660 
32,733 
Other debtors
129,649 
255,096 
151,309 
287,829 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,296 
31,174 
VAT
26,324 
- 
Trade creditors
9,087 
11,416 
Taxes and social security
147,518 
115,873 
Other creditors
90,067 
16,185 
Accruals
6,900 
7,832 
285,192 
182,480 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,674 
38,969 
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Q Intelligent Security Ltd Notes to the Accounts for the year ended 31 August 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Chris Rouse
Loan to Director
229,958 
240,788 
367,902 
102,844 
229,958 
240,788 
367,902 
102,844 
The loan to the director is fully repayable on demand. Interest has been charged at the official HMRC rate.
10
Transactions with related parties
Included in debtors is £1,667 (2022: £nil) owed from Q7 Consultants Limited. This company is owned by the director. Management charges of £65,000 (2022: £nil) were paid to Q7 Consultants Limited during the year.
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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