Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false true No description of principal activity 1 August 2023 31 July 2024 31 July 2024 02837627 Mr Liaquat Ali Miss Sajida Ali iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02837627 2023-07-31 02837627 2024-07-31 02837627 2023-08-01 2024-07-31 02837627 frs-core:CurrentFinancialInstruments 2024-07-31 02837627 frs-core:Non-currentFinancialInstruments 2024-07-31 02837627 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 02837627 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 02837627 frs-bus:Micro-entities 2023-08-01 2024-07-31 02837627 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 02837627 frs-bus:Director1 2023-08-01 2024-07-31 02837627 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 02837627 2022-07-31 02837627 2023-07-31 02837627 2022-08-01 2023-07-31 02837627 frs-core:CurrentFinancialInstruments 2023-07-31 02837627 frs-core:Non-currentFinancialInstruments 2023-07-31
Registered number: 02837627
Quantum Business Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
TaxAssist Accountants
ACA
Balance Sheet
Registered number: 02837627
2024 2023
as restated
£ £
Fixed assets 206,519 206,679
Current assets 3,784 13,970
Creditors: Amounts Falling Due Within One Year (20,288 ) (10,617 )
NET CURRENT ASSETS (LIABILITIES) (16,504 ) 3,353
TOTAL ASSETS LESS CURRENT LIABILITIES 190,015 210,032
Creditors: Amounts Falling Due After More Than One Year (647,808 ) (647,808 )
Accruals and deferred income (1,919 ) (738 )
NET LIABILITIES (459,712 ) (438,514 )
CAPITAL AND RESERVES (459,712 ) (438,514 )

Notes

1. General Information
Quantum Business Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02837627 . The registered office is 2 Rose Walk, Old Horsham Road, Crawley, RH11 8QR.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
3. Going Concern
The accounts have been prepared on a going concern basis which assumes the continued support of the company’s creditors should this support be withdrawn and not replaced by alternative finance, the company would be unable to continue trading. Adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.
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For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Liaquat Ali
Director
29/04/2025