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Company Registration No. 08558337 (England and Wales)
QSID LIMITED Unaudited accounts for the year ended 30 June 2024
QSID LIMITED Unaudited accounts Contents
Page
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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
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QSID LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
103,913 
Tangible assets
- 
1,785 
- 
105,698 
Current assets
Inventories
- 
1,139 
Debtors
223 
11,040 
Cash at bank and in hand
93,548 
25,912 
93,771 
38,091 
Creditors: amounts falling due within one year
(39,269)
(86,101)
Net current assets/(liabilities)
54,502 
(48,010)
Net assets
54,502 
57,688 
Capital and reserves
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
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QSID LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
103,913 
Disposals
(103,913)
At 30 June 2024
- 
Amortisation
At 1 July 2023
- 
At 30 June 2024
- 
Net book value
At 30 June 2024
- 
At 30 June 2023
103,913 
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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 
Depreciation
At 1 July 2023
12,149 
940 
13,089 
At 30 June 2024
12,149 
940 
13,089 
Net book value
At 30 June 2024
- 
- 
- 
At 30 June 2023
1,735 
50 
1,785 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
223 
- 
Trade debtors
- 
7,800 
Accrued income and prepayments
- 
3,240 
223 
11,040 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,868 
Taxes and social security
- 
2,212 
Other creditors
5,018 
26,182 
Loans from directors
34,251 
55,839 
39,269 
86,101 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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