QUANTOPAY LTD

Company Registration Number:
09992090 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

QUANTOPAY LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

QUANTOPAY LTD

Company Information

for the Period Ended 29 February 2024




Director: Alexander Horst Brexendorff
Registered office: The Leadenhall Building, Level 30
122, Leadenhall Street
London
England
EC3V 4AB
Company Registration Number: 09992090 (England and Wales)

QUANTOPAY LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The director(s) shown below were appointed to the company during the period
Alexander Horst Brexendorff
01 March 2023

This report was approved by the board of directors on 30 November 2024
And Signed On Behalf Of The Board By:

Name: Alexander Horst Brexendorff
Status: Director

QUANTOPAY LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 0 0
Administrative Expenses ( 1,065,403 ) ( 1,709,778 )
Operating Profit or (Loss) ( 1,065,403 ) ( 1,709,778 )
Profit or (Loss) Before Tax ( 1,065,403 ) ( 1,709,778 )
Profit or (Loss) for Period ( 1,065,403 ) ( 1,709,778 )

The notes form part of these financial statements

QUANTOPAY LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 12,010 14,448
Total current assets: 12,010 14,448
Creditors: amounts falling due within one year: 4 ( 1,744,432 ) ( 1,157,271 )
Net current assets (liabilities): ( 1,732,422 ) ( 1,142,823 )
Total assets less current liabilities: ( 1,732,422 ) ( 1,142,823 )
Creditors: amounts falling due after more than one year: 5 ( 4,358,327 ) ( 3,882,522 )
Total net assets (liabilities): ( 6,090,749 ) ( 5,025,345 )

The notes form part of these financial statements

QUANTOPAY LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10 10
Revaluation reserve: 6 10,000 10,000
Profit and loss account: ( 6,100,759 ) ( 5,035,355 )
Shareholders funds: ( 6,090,749 ) ( 5,025,345 )

For the year ending 29 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 November 2024
And Signed On Behalf Of The Board By:

Name: Alexander Horst Brexendorff
Status: Director

The notes form part of these financial statements

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 15 15

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

Year end 29-Feb-2024 Admin Expenses & Professional Fees GBP1,744,432

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due after more than one year note

Year end 29-Feb-2024 Admin Expenses & Professional Fees GBP4,358,327

QUANTOPAY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Revaluation reserve


2024
£
Balance at 01 March 2023 10,000
Surplus or deficit after revaluation 0
Balance at 29 February 2024 10,000