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Company Registration No. 10556732 (England and Wales)
QRTECH Ltd Unaudited accounts for the year ended 31 March 2024
QRTECH Ltd Unaudited accounts Contents
Page
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QRTECH Ltd Company Information for the year ended 31 March 2024
Directors
Terence Stephen Cakebread Guro Aamlid Sigursen
Company Number
10556732 (England and Wales)
Registered Office
84 Mount Pleasant Road Camborne Cornwall TR14 7RJ United Kingdom
Accountants
Leighton Tax Services Limited 34 Lindeth Road Silverdale Carnforth Lancashire LA5 0TX
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QRTECH Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
167 
Current assets
Cash at bank and in hand
64,112 
71,694 
Creditors: amounts falling due within one year
(51,962)
(8,724)
Net current assets
12,150 
62,970 
Net assets
12,150 
63,137 
Capital and reserves
Called up share capital
2 
1 
Profit and loss account
12,148 
63,136 
Shareholders' funds
12,150 
63,137 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 6 October 2024 and were signed on its behalf by
Terence Stephen Cakebread Director Company Registration No. 10556732
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QRTECH Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
QRTECH Ltd is a private company, limited by shares, registered in England and Wales, registration number 10556732. The registered office is 84 Mount Pleasant Road, Camborne, Cornwall, TR14 7RJ, United Kingdom.
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.
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% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
11,841 
At 31 March 2024
11,841 
Depreciation
At 1 April 2023
11,674 
Charge for the year
167 
At 31 March 2024
11,841 
Net book value
At 31 March 2024
- 
At 31 March 2023
167 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
7,261 
Loans from directors
51,362 
363 
Accruals
600 
1,100 
51,962 
8,724 
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QRTECH Ltd Notes to the Accounts for the year ended 31 March 2024
6
Transactions with related parties
Included in other creditors is an amount of £51,362 ( 2023 : £363 ) owed to Mr & Mrs T S Cakebread, the directors of the Company.
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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