2023-07-01 2024-06-30 false Capium Accounts Production 1.1 14173859 bus:AbridgedAccounts 2023-07-01 2024-06-30 14173859 bus:FRS102 2023-07-01 2024-06-30 14173859 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14173859 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14173859 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14173859 2023-07-01 2024-06-30 14173859 2024-06-30 14173859 bus:RegisteredOffice 2023-07-01 2024-06-30 14173859 core:WithinOneYear 2024-06-30 14173859 core:AfterOneYear 2024-06-30 14173859 bus:Director1 2023-07-01 2024-06-30 14173859 bus:Director1 2024-06-30 14173859 bus:Director1 2022-06-15 2023-06-30 14173859 2022-06-15 14173859 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 14173859 2022-06-15 2023-06-30 14173859 2023-06-30 14173859 core:WithinOneYear 2023-06-30 14173859 core:AfterOneYear 2023-06-30 14173859 bus:EntityAccountantsOrAuditors 2022-06-15 2023-06-30 14173859 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 14173859 bus:OrdinaryShareClass1 2024-06-30 14173859 bus:OrdinaryShareClass1 2022-06-15 2023-06-30 14173859 bus:OrdinaryShareClass1 2023-06-30 14173859 core:FurnitureFittings 2023-07-01 2024-06-30 14173859 core:FurnitureFittings 2024-06-30 14173859 core:FurnitureFittings 2023-06-30 14173859 core:ComputerEquipment 2023-07-01 2024-06-30 14173859 core:ComputerEquipment 2024-06-30 14173859 core:ComputerEquipment 2023-06-30 14173859 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 14173859 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 14173859 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 14173859 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 14173859 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 14173859 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 14173859 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 14173859 core:Non-currentFinancialInstruments 2024-06-30 14173859 core:Non-currentFinancialInstruments 2023-06-30 14173859 core:ShareCapital 2024-06-30 14173859 core:ShareCapital 2023-06-30 14173859 core:RetainedEarningsAccumulatedLosses 2024-06-30 14173859 core:RetainedEarningsAccumulatedLosses 2023-06-30 14173859 dpl:Item1 2023-07-01 14173859 dpl:Item1 2024-06-30 14173859 dpl:Item1 2022-06-15 14173859 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14173859
England and Wales

 

 

 

QUATI IT LTD


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of QUATI IT LTD for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of QUATI IT LTD for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of QUATI IT LTD , as a body, in accordance with the terms of our engagement letter dated 15 June 2022. Our work has been undertaken solely to prepare for your approval the accounts of QUATI IT LTD and state those matters that we have agreed to state to the Board of Directors of QUATI IT LTD , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than QUATI IT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that QUATI IT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of QUATI IT LTD . You consider that QUATI IT LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of QUATI IT LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 June 2024



....................................................

FDCA Limited

16 Saberton Close
Redbourn
St. Albans
AL3 7DS
05 September 2024
1
 
 
Notes
 
30/06/2024
£
  30/06/2023
£
Fixed assets      
Tangible fixed assets 3 1,317    563 
1,317    563 
Current assets      
Debtors 16,412    8,745 
Cash at bank and in hand 274    820 
16,686    9,565 
Creditors: amount falling due within one year (16,016)   (10,304)
Net current assets 670    (739)
 
Total assets less current liabilities 1,987    (176)
Creditors: amount falling due after more than one year   (15)
Net assets 1,987    (191)
 

Capital and reserves
     
Called up share capital 4 1    1 
Profit and loss account 1,986    (192)
Shareholders' funds 1,987    (191)
 


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 05 September 2024 and were signed by:


-------------------------------
Domingo Savio BELLINATI
Director
2
General Information
QUATI IT LTD is a private company, limited by shares, registered in England and Wales, registration number 14173859, registration address FLAT D, 49, ENDYMION ROAD, LONDON, N4 1EQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings %18 Reducing Balance
Computer Equipment %18 Reducing Balance
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 July 2023   605    605 
Additions 899      899 
Disposals    
At 30 June 2024 899    605    1,504 
Depreciation
At 01 July 2023   42    42 
Charge for year 43    102    145 
On disposals    
At 30 June 2024 43    144    187 
Net book values
Closing balance as at 30 June 2024 856    461    1,317 
Opening balance as at 01 July 2023   563    563 


4.

Share Capital

Authorised
1 Ordinary share of £1.00 each
Allotted, called up and fully paid
30/06/2024
£
  30/06/2023
£
1 Ordinary share of £1.00 each  
 

3