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REGISTERED NUMBER: 11712971 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2023 to 30 June 2024

for

Quantis Services Limited

Quantis Services Limited (Registered number: 11712971)






Contents of the Financial Statements
for the Period 1 January 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quantis Services Limited

Company Information
for the Period 1 January 2023 to 30 June 2024







DIRECTORS: L Kirk
J P A Kirk





REGISTERED OFFICE:
The Point, Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ





REGISTERED NUMBER: 11712971 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Quantis Services Limited (Registered number: 11712971)

Balance Sheet
30 June 2024

30.6.24 31.12.22
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 64,076 11,706

CURRENT ASSETS
Stocks 4,860 24,485
Debtors 5 1,093,759 449,691
Cash at bank 96,293 187
1,194,912 474,363
CREDITORS
Amounts falling due within one year 6 760,294 388,870
NET CURRENT ASSETS 434,618 85,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

498,694

97,199

CREDITORS
Amounts falling due after more than one year 7 (81,922 ) (41,144 )

PROVISIONS FOR LIABILITIES (1,919 ) (1,930 )
NET ASSETS 414,853 54,125

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 414,753 54,025
SHAREHOLDERS' FUNDS 414,853 54,125

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Quantis Services Limited (Registered number: 11712971)

Balance Sheet - continued
30 June 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 22 April 2025 and were signed on its behalf by:





L Kirk - Director


Quantis Services Limited (Registered number: 11712971)

Notes to the Financial Statements
for the Period 1 January 2023 to 30 June 2024

1. STATUTORY INFORMATION

Quantis Services 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.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

Quantis Services Limited (Registered number: 11712971)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 9,247 3,633 7,906 20,786
Additions 64,172 583 2,017 66,772
At 30 June 2024 73,419 4,216 9,923 87,558
DEPRECIATION
At 1 January 2023 2,637 1,690 4,753 9,080
Charge for period 11,184 592 2,626 14,402
At 30 June 2024 13,821 2,282 7,379 23,482
NET BOOK VALUE
At 30 June 2024 59,598 1,934 2,544 64,076
At 31 December 2022 6,610 1,943 3,153 11,706

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Trade debtors 86,498 138,499
Other debtors 1,007,261 311,192
1,093,759 449,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Bank loans and overdrafts 5,040 14,123
Hire purchase contracts 6,942 -
Trade creditors 21,519 18,860
Taxation and social security 619,066 288,481
Other creditors 107,727 67,406
760,294 388,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 31.12.22
£    £   
Bank loans 33,632 41,144
Hire purchase contracts 48,290 -
81,922 41,144

Quantis Services Limited (Registered number: 11712971)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 June 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 31.12.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 June 2024 and the year ended 31 December 2022:

30.6.24 31.12.22
£    £   
L Kirk and J P A Kirk
Balance outstanding at start of period 233,437 99,916
Amounts advanced 518,170 328,188
Amounts repaid - (194,667 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 751,607 233,437

10. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of L & J P A Kirk.