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REGISTERED NUMBER: 07288889 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

QUANTUM OF VALUE LIMITED

QUANTUM OF VALUE LIMITED (REGISTERED NUMBER: 07288889)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

QUANTUM OF VALUE LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs A Bacher
J Bacher





REGISTERED OFFICE: International House
36-38 Cornhill
London
EC3V 3NG





REGISTERED NUMBER: 07288889 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

QUANTUM OF VALUE LIMITED (REGISTERED NUMBER: 07288889)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 287,660 276,959
Tangible assets 5 17,897 17,811
305,557 294,770

CURRENT ASSETS
Debtors 6 24,415 36
Cash at bank 202,335 130,099
226,750 130,135
CREDITORS
Amounts falling due within one year 7 89,935 43,104
NET CURRENT ASSETS 136,815 87,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

442,372

381,801

CREDITORS
Amounts falling due after more than one
year

8

(13,333

)

(22,500

)

PROVISIONS FOR LIABILITIES (58,056 ) (56,006 )
NET ASSETS 370,983 303,295

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 370,883 303,195
370,983 303,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:




Mrs A Bacher - Director


QUANTUM OF VALUE LIMITED (REGISTERED NUMBER: 07288889)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Quantum of Value Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

QUANTUM OF VALUE LIMITED (REGISTERED NUMBER: 07288889)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023 326,756
Additions 17,588
At 30 June 2024 344,344
AMORTISATION
At 1 July 2023 49,797
Charge for year 6,887
At 30 June 2024 56,684
NET BOOK VALUE
At 30 June 2024 287,660
At 30 June 2023 276,959

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 60,728
Additions 5,445
At 30 June 2024 66,173
DEPRECIATION
At 1 July 2023 42,917
Charge for year 5,359
At 30 June 2024 48,276
NET BOOK VALUE
At 30 June 2024 17,897
At 30 June 2023 17,811

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 24,415 -
Other debtors - 36
24,415 36

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 467 15,661
Taxation and social security 75,145 11,173
Other creditors 4,323 6,270
89,935 43,104

QUANTUM OF VALUE LIMITED (REGISTERED NUMBER: 07288889)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 13,333 22,500

9. RESERVES
Retained
earnings
£   

At 1 July 2023 303,195
Profit for the year 224,688
Dividends (157,000 )
At 30 June 2024 370,883

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In other creditors is an amount of £2,089 (2023; £3.969) owed to Mr & Mrs Bacher in respect of their director's loan accounts.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Quantum of Value Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quantum of Value Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quantum of Value Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quantum of Value Limited and state those matters that we have agreed to state to the Board of Directors of Quantum of Value Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quantum of Value Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quantum of Value Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quantum of Value Limited. You consider that Quantum of Value Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quantum of Value Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................