Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 6615757 Mr Benjamin Hook Benjamin Hook false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6615757 2023-12-31 6615757 2024-12-31 6615757 2024-01-01 2024-12-31 6615757 frs-core:CurrentFinancialInstruments 2024-12-31 6615757 frs-core:ComputerEquipment 2024-12-31 6615757 frs-core:ComputerEquipment 2024-01-01 2024-12-31 6615757 frs-core:ComputerEquipment 2023-12-31 6615757 frs-core:FurnitureFittings 2024-12-31 6615757 frs-core:FurnitureFittings 2024-01-01 2024-12-31 6615757 frs-core:FurnitureFittings 2023-12-31 6615757 frs-core:ShareCapital 2024-12-31 6615757 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 6615757 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 6615757 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 6615757 frs-bus:SmallEntities 2024-01-01 2024-12-31 6615757 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 6615757 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 6615757 1 2024-01-01 2024-12-31 6615757 frs-bus:Director1 2024-01-01 2024-12-31 6615757 frs-countries:EnglandWales 2024-01-01 2024-12-31 6615757 2022-12-31 6615757 2023-12-31 6615757 2023-01-01 2023-12-31 6615757 frs-core:CurrentFinancialInstruments 2023-12-31 6615757 frs-core:ShareCapital 2023-12-31 6615757 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 6615757
Quadris Insurance Brokers Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
MoneyIQ Ltd
15 Wendela Close
Woking
Surrey
GU22 7JU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 6615757
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 804 1,557
804 1,557
CURRENT ASSETS
Debtors 5 169,432 268,851
Cash at bank and in hand 579,050 925,149
748,482 1,194,000
Creditors: Amounts Falling Due Within One Year 6 (274,906 ) (751,687 )
NET CURRENT ASSETS (LIABILITIES) 473,576 442,313
TOTAL ASSETS LESS CURRENT LIABILITIES 474,380 443,870
NET ASSETS 474,380 443,870
CAPITAL AND RESERVES
Called up share capital 7 9,500 9,500
Profit and Loss Account 464,880 434,370
SHAREHOLDERS' FUNDS 474,380 443,870
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For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Hook
Director
10/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Quadris Insurance Brokers Ltd Registered number 6615757 is a limited by shares company incorporated in England & Wales. The Registered Office is 210a Lansbury Business Estate, Lower Guildford Road, Knaphill, Surrey, GU21 2EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared in accordance with the provisions of FRS 102 Section 1A small entities. There were no material departures from that standard.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25
Computer Equipment 33
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 -
Sales, marketing and distribution 1 1
2 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 2,017 5,021 7,038
As at 31 December 2024 2,017 5,021 7,038
Depreciation
As at 1 January 2024 2,017 3,464 5,481
Provided during the period - 753 753
As at 31 December 2024 2,017 4,217 6,234
Net Book Value
As at 31 December 2024 - 804 804
As at 1 January 2024 - 1,557 1,557
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 164,443 263,908
Other debtors 4,989 4,943
169,432 268,851
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 225,842 686,797
Corporation tax 48,497 63,899
Other creditors 567 290
Accruals and deferred income - 701
274,906 751,687
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 9,500 9,500
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 111,817 131,129
9. Controlling Party
The company's controlling party is Benjamin Hook by virtue of his ownership of 59% of the issued share capital in the company.
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