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REGISTERED NUMBER: 09278505 (Wales)















QUADRANT 4 LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QUADRANT 4 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: S B Burrows
G S Burrows





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 09278505 (Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,619 19,131

CURRENT ASSETS
Debtors 5 34,072 36,823
Cash at bank and in hand 130 33
34,202 36,856
CREDITORS
Amounts falling due within one year 6 45,091 51,545
NET CURRENT LIABILITIES (10,889 ) (14,689 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,730

4,442

CREDITORS
Amounts falling due after more than one
year

7

-

(2,210

)

PROVISIONS FOR LIABILITIES (1,792 ) (1,896 )
NET ASSETS 4,938 336

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 4,838 236
SHAREHOLDERS' FUNDS 4,938 336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)

BALANCE SHEET - continued
31ST MARCH 2024


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th July 2024 and were signed on its behalf by:





S B Burrows - Director


QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Quadrant 4 Ltd is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office
property machinery equipment Totals
£    £    £    £   
COST
At 1st April 2023
and 31st March 2024 19,008 510 7,946 27,464
DEPRECIATION
At 1st April 2023 2,683 374 5,276 8,333
Charge for year 951 27 534 1,512
At 31st March 2024 3,634 401 5,810 9,845
NET BOOK VALUE
At 31st March 2024 15,374 109 2,136 17,619
At 31st March 2023 16,325 136 2,670 19,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 9,271 9,361
Directors' current accounts 21,643 24,703
Prepayments 3,158 2,759
34,072 36,823

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,787 13,048
Trade creditors 47 53
Corporation Tax 9,535 18,527
Social security and other taxes 450 -
VAT 6,327 3,766
Other creditors 11,794 12,400
Accruals and deferred income 4,151 3,751
45,091 51,545

QUADRANT 4 LTD (REGISTERED NUMBER: 09278505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years - 2,210

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan debtor at the year end due from S B Burrows of £8,426 (2023 - £11,486).

The company had an outstanding directors loan debtor at the year end due from G S Burrows of £13,217 (2023 - £13,217).