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REGISTERED NUMBER: 13259489 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Quantum Commodity Intelligence Limited

Quantum Commodity Intelligence Limited (Registered number: 13259489)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quantum Commodity Intelligence Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A R Allan
C De Souza
A C Goodwin
P S Young





REGISTERED OFFICE: 90-93 Cowcross Street
London
EC1M 6BF





REGISTERED NUMBER: 13259489 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Quantum Commodity Intelligence Limited (Registered number: 13259489)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 27,271 21,878

CURRENT ASSETS
Debtors 5 616,316 388,215
Cash at bank 5,565,915 687,244
6,182,231 1,075,459
CREDITORS
Amounts falling due within one year 6 2,058,985 1,159,923
NET CURRENT ASSETS/(LIABILITIES) 4,123,246 (84,464 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,150,517

(62,586

)

CAPITAL AND RESERVES
Called up share capital 1,039 842
Share premium 5,543,359 483,909
Retained earnings (1,393,881 ) (547,337 )
4,150,517 (62,586 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Quantum Commodity Intelligence Limited (Registered number: 13259489)

Balance Sheet - continued
30 September 2024


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 16 April 2025 and were signed on its behalf by:





A R Allan - Director


Quantum Commodity Intelligence Limited (Registered number: 13259489)

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

1. STATUTORY INFORMATION

Quantum Commodity Intelligence 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
Financial assets and liabilities are recognised when the company becomes party to the contractual provision of the financial instrument.

Cash and cash equivalents
Comprises of cash at bank.

Financial Assets
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Financial Liabilities
Creditors are not interest bearing and are stated at their nominal value.

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.

Quantum Commodity Intelligence Limited (Registered number: 13259489)

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

2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 19 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 10,505 17,152 27,657
Additions 2,191 14,329 16,520
At 30 September 2024 12,696 31,481 44,177
DEPRECIATION
At 1 October 2023 165 5,614 5,779
Charge for year 2,506 8,621 11,127
At 30 September 2024 2,671 14,235 16,906
NET BOOK VALUE
At 30 September 2024 10,025 17,246 27,271
At 30 September 2023 10,340 11,538 21,878

Quantum Commodity Intelligence Limited (Registered number: 13259489)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 475,345 359,784
Other debtors 84,179 274
VAT - 1,606
Prepayments and accrued income 56,792 26,551
616,316 388,215

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 126,171 -
Social security and other taxes 48,539 24,925
VAT 17,572 -
Other creditors 71,660 9,724
Other loans - 112,047
Directors' current accounts - 100,783
Accruals and deferred income 1,795,043 912,444
2,058,985 1,159,923

7. ULTIMATE CONTROLLING PARTY

It is the view of the directors that due to the disperse shareholding and power between the directors that there is no ultimate controlling party.