Company Registration No. 06926410 (England and Wales)
QUANTUS IT SOLUTIONS LTD
Unaudited accounts
for the year ended 30 June 2024
QUANTUS IT SOLUTIONS LTD
Unaudited accounts
Contents
QUANTUS IT SOLUTIONS LTD
Company Information
for the year ended 30 June 2024
Company Number
06926410 (England and Wales)
Registered Office
3 BALFOUR ROAD
HARROW
MIDDLESEX
HA1 1RJ
QUANTUS IT SOLUTIONS LTD
Statement of financial position
as at 30 June 2024
Tangible assets
2,700
3,357
Cash at bank and in hand
25,044
22,591
Creditors: amounts falling due within one year
(73,812)
(53,652)
Net current liabilities
(28,708)
(9,395)
Net liabilities
(26,008)
(6,038)
Called up share capital
100
100
Profit and loss account
(26,108)
(6,138)
Shareholders' funds
(26,008)
(6,038)
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2025 and were signed on its behalf by
Ahmad KAYALI
Director
Company Registration No. 06926410
QUANTUS IT SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 June 2024
QUANTUS IT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 06926410. The registered office is 3 BALFOUR ROAD, HARROW, MIDDLESEX, HA1 1RJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Depreciation is based on 15% of Cost
Computer equipment
Deprecition is based on 20% of Cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
940
8,976
9,916
At 30 June 2024
940
8,976
9,916
At 1 July 2023
643
5,916
6,559
Charge for the year
45
612
657
At 30 June 2024
688
6,528
7,216
At 30 June 2024
252
2,448
2,700
At 30 June 2023
297
3,060
3,357
QUANTUS IT SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
14,532
16,159
Accrued income and prepayments
1,625
1,975
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
24,883
17,574
Other creditors
41,846
27,846
Loans from directors
3,725
3,725
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Average number of employees
During the year the average number of employees was 1 (2023: 1).