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Registered number: 09875788

Quantum European Ltd

ACCOUNTS
FOR THE 305 DAY PERIOD ENDED 30 SEPTEMBER 2024

Prepared By:
Simon Porter FCA
1 Prospect Street
Caversham
Reading
RG4 8JB

Quantum European Ltd

ACCOUNTS
FOR THE 305 DAY PERIOD ENDED 30 SEPTEMBER 2024
DIRECTORS
Keith Luxton
SECRETARY
Keith Luxton
REGISTERED OFFICE
27 Enderby Drive
Hexham
NE46 2PA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09875788
ACCOUNTANTS
Simon Porter FCA
1 Prospect Street
Caversham
Reading
RG4 8JB

Quantum European Ltd

ACCOUNTS
FOR THE305 DAY PERIODENDED30 SEPTEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Quantum European Ltd

BALANCE SHEET AT 30 September 2024
20242023
Notes££
FIXED ASSETS
Tangible assets3-254
CURRENT ASSETS
Debtors4-1,033
Cash at bank and in hand9407,323
9408,356
CREDITORS: Amounts falling due within one year510,4469,421
NET CURRENT LIABILITIES(9,506)(1,065)
TOTAL ASSETS LESS CURRENT LIABILITIES(9,506)(811)
CREDITORS: Amounts falling due after more than one year69,91213,084
NET LIABILITIES(19,418)(13,895)
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account(19,420)(13,897)
SHAREHOLDERS' FUNDS(19,418)(13,895)
For the year ending 30 September 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12 February 2025 and signed on their behalf by
.............................
Keith Luxton
Director

Quantum European Ltd

NOTES TO THE ACCOUNTS
FOR THE 305 DAY PERIOD ENDED 30 SEPTEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 25%
1c. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
2. EMPLOYEES
20242023
No.No.
Average number of employees12

Quantum European Ltd

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 December 20234,7704,770
At 30 September 20244,7704,770
Depreciation
At 1 December 20234,5164,516
For the 305 day period254254
At 30 September 20244,7704,770
Net Book Amounts
At 30 September 2024--
At 30 November 2023254254
4. DEBTORS 20242023
££
Amounts falling due within one year
Other taxation and social security-1,033
-1,033
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account1,936511
Bank Loan7,7107,710
Accruals8001,200
10,4469,421
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr9,91213,084
9,91213,084

Quantum European Ltd

7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
1 A Ordinary shares of £1 each11
22
8. RELATED PARTY TRANSACTIONS
During the period the company paid the director £400 (2023 - £480) for the use of his home as an office.