Company Registration No. 08558337 (England and Wales)
QSID LIMITED
Unaudited accounts
for the year ended 30 June 2024
QSID LIMITED
Unaudited accounts
Contents
QSID LIMITED
Company Information
for the year ended 30 June 2024
Director
Qurrat-ul-Ain Siddiqui
Company Number
08558337 (England and Wales)
Registered Office
POST OFFICE
BONDS LANE
BIGGLESWADE
BEDFORDSHIRE
SG18 8AY
ENGLAND
Accountants
ANR ACCOUNTANTS AND TAX ADVISOR LTD
89 UPTON LANE
FOREST GATE
LONDON
E7 9PB
QSID LIMITED
Statement of financial position
as at 30 June 2024
Intangible assets
-
103,913
Cash at bank and in hand
93,548
25,912
Creditors: amounts falling due within one year
(39,269)
(86,101)
Net current assets/(liabilities)
54,502
(48,010)
Called up share capital
1
1
Profit and loss account
54,501
57,687
Shareholders' funds
54,502
57,688
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 her 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 20 March 2025 and were signed on its behalf by
Qurrat-ul-Ain Siddiqui
Director
Company Registration No. 08558337
QSID LIMITED
Notes to the Accounts
for the year ended 30 June 2024
QSID LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08558337. The registered office is POST OFFICE, BONDS LANE, BIGGLESWADE, BEDFORDSHIRE, SG18 8AY, ENGLAND.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
QSID LIMITED
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
13,884
990
14,874
Disposals
(1,735)
(50)
(1,785)
At 30 June 2024
12,149
940
13,089
At 1 July 2023
12,149
940
13,089
At 30 June 2024
12,149
940
13,089
At 30 June 2023
1,735
50
1,785
Amounts falling due within one year
Accrued income and prepayments
-
3,240
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,212
Other creditors
5,018
26,182
Loans from directors
34,251
55,839
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).