Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02429877 2024-01-01 2024-12-31 02429877 2023-01-01 2023-12-31 02429877 2024-12-31 02429877 2023-12-31 02429877 c:Director1 2024-01-01 2024-12-31 02429877 c:RegisteredOffice 2024-01-01 2024-12-31 02429877 d:FurnitureFittings 2024-01-01 2024-12-31 02429877 d:OfficeEquipment 2024-01-01 2024-12-31 02429877 d:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 02429877 d:OtherPropertyPlantEquipment 2024-12-31 02429877 d:OtherPropertyPlantEquipment 2023-12-31 02429877 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02429877 d:CurrentFinancialInstruments 2024-12-31 02429877 d:CurrentFinancialInstruments 2023-12-31 02429877 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02429877 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02429877 d:ShareCapital 2024-12-31 02429877 d:ShareCapital 2023-12-31 02429877 d:RetainedEarningsAccumulatedLosses 2024-12-31 02429877 d:RetainedEarningsAccumulatedLosses 2023-12-31 02429877 c:FRS102 2024-01-01 2024-12-31 02429877 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02429877 c:FullAccounts 2024-01-01 2024-12-31 02429877 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02429877 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 02429877







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


QUOMODUS LIMITED






































img1066.png                        

 


QUOMODUS LIMITED
 


 
COMPANY INFORMATION


Director
M. R. Turrell 




Registered number
02429877



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


QUOMODUS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 5


 


QUOMODUS LIMITED
REGISTERED NUMBER:02429877



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
750

  
-
750

Current assets
  

Debtors: amounts falling due within one year
 5 
923
263

Cash at bank and in hand
  
8
29

  
931
292

Creditors: amounts falling due within one year
 6 
(247,443)
(240,175)

Net current liabilities
  
 
 
(246,512)
 
 
(239,883)

Total assets less current liabilities
  
(246,512)
(239,133)

  

Net liabilities
  
(246,512)
(239,133)


Capital and reserves
  

Called up share capital 
  
1,500
1,500

Profit and loss account
  
(248,012)
(240,633)

  
(246,512)
(239,133)


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

M. R. Turrell
Director
Date: 12 February 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


QUOMODUS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Quomodus Limited is a private company limited by shares incorporated in England and Wales. The registered office address is given in the company informatio page of these financial statements. The principal place of business is 42 Brook Street, London, W1K 5DB.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Going concern

At the balance sheet date, the company had net liabilities of £246,512 (2023 - £239,133). The company has the ongoing support from its director which enables the company to meet creditors as they fall due. Accordingly, the financial statements have been prepared on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures, fittings and equipment
-
20 - 33.3% straight line
Website design
-
33.3% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 2

 


QUOMODUS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 


QUOMODUS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery etc.

£





At 1 January 2024
3,693


Disposals
(3,693)



At 31 December 2024

-





At 1 January 2024
2,943


Charge for the year on owned assets
206


Disposals
(3,149)



At 31 December 2024

-



Net book value



At 31 December 2024
-



At 31 December 2023
750


5.


Debtors

2024
2023
£
£


Other debtors
923
263

923
263



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,710
1,170

Other creditors
242,733
236,355

Accruals and deferred income
-
2,650

247,443
240,175


Page 4

 


QUOMODUS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Related party transactions

There is a director's loan within other creditors of £243,197 (2023 - £236,355). This loan is interest free and is repayable on demand.


2024
2023
£
£

Balance outstanding at start of year
236,355
227,929
Amounts advanced
6,842
8,426
243,197
236,355

 
Page 5