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Company Registration No. 12969350 (England and Wales)
QINTESS UK LTD Unaudited accounts for the year ended 31 October 2023
QINTESS UK LTD Unaudited accounts Contents
Page
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QINTESS UK LTD Company Information for the year ended 31 October 2023
Director
Frank Asante Kissi
Company Number
12969350 (England and Wales)
Registered Office
AIRPORT HOUSE PURLEY WAY CROYDON CR0 0XZ ENGLAND
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QINTESS UK LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,598 
1,473 
Current assets
Debtors
390,830 
691,348 
Cash at bank and in hand
41,219 
21,212 
432,049 
712,560 
Creditors: amounts falling due within one year
(313,789)
(601,641)
Net current assets
118,260 
110,919 
Net assets
121,858 
112,392 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
121,857 
112,391 
Shareholders' funds
121,858 
112,392 
For the year ending 31 October 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 9 July 2024 and were signed on its behalf by
Frank Asante Kissi Director Company Registration No. 12969350
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QINTESS UK LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
QINTESS UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12969350. The registered office is AIRPORT HOUSE, PURLEY WAY, CROYDON, CR0 0XZ, 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.
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:
Plant & machinery
5 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,558 
Additions
3,122 
At 31 October 2023
4,680 
Depreciation
At 1 November 2022
85 
Charge for the year
997 
At 31 October 2023
1,082 
Net book value
At 31 October 2023
3,598 
At 31 October 2022
1,473 
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QINTESS UK LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
241,302 
273,952 
Accrued income and prepayments
809 
- 
Other debtors
- 
2,009 
242,111 
275,961 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
148,719 
415,387 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,882 
102,677 
Trade creditors
6,719 
144,315 
Taxes and social security
34,738 
29,700 
Loans from directors
(1)
(1)
Accruals
266,451 
324,950 
313,789 
601,641 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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