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Company Registration No. 03381742 (England and Wales)
Quadrotech Limited Unaudited accounts for the year ended 31 August 2024
Quadrotech Limited Unaudited accounts Contents
Page
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Quadrotech Limited Company Information for the year ended 31 August 2024
Director
C.R.Bradley
Company Number
03381742 (England and Wales)
Registered Office
The Reading Rooms Burnleys Buildings Flockton West Yorkshire WF4 4DL England
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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Quadrotech Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,933 
4,490 
Current assets
Debtors
470 
797 
Cash at bank and in hand
47,789 
78,592 
48,259 
79,389 
Creditors: amounts falling due within one year
(17,814)
(17,353)
Net current assets
30,445 
62,036 
Total assets less current liabilities
35,378 
66,526 
Provisions for liabilities
Deferred tax
(937)
(853)
Net assets
34,441 
65,673 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
34,341 
65,573 
Shareholders' funds
34,441 
65,673 
For the year ending 31 August 2024 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 12 September 2024 and were signed on its behalf by
C.R.Bradley Director Company Registration No. 03381742
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Quadrotech Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Quadrotech Limited is a private company, limited by shares, registered in England and Wales, registration number 03381742. The registered office is The Reading Rooms, Burnleys Buildings, Flockton, West Yorkshire, WF4 4DL, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Quadrotech Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
16,983 
1,832 
18,815 
Additions
1,763 
- 
1,763 
At 31 August 2024
18,746 
1,832 
20,578 
Depreciation
At 1 September 2023
13,867 
458 
14,325 
Charge for the year
976 
344 
1,320 
At 31 August 2024
14,843 
802 
15,645 
Net book value
At 31 August 2024
3,903 
1,030 
4,933 
At 31 August 2023
3,116 
1,374 
4,490 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
262 
Accrued income and prepayments
470 
535 
470 
797 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,164 
- 
Taxes and social security
2,300 
8,407 
Loans from directors
8,330 
7,938 
Accruals
1,020 
1,008 
17,814 
17,353 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
937 
853 
2024 
2023 
£ 
£ 
Provision at start of year
853 
456 
Charged to the profit and loss account
84 
397 
Provision at end of year
937 
853 
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Quadrotech Limited Notes to the Accounts for the year ended 31 August 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company is in receipt of a loan amounting to £8,330.00 from a member of key management personnel. The loan is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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