Acorah Software Products - Accounts Production 16.2.850 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 11977561 Mr Deepak Ramanathan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11977561 2023-05-31 11977561 2024-05-31 11977561 2023-06-01 2024-05-31 11977561 frs-core:Non-currentFinancialInstruments 2024-05-31 11977561 frs-core:ShareCapital 2024-05-31 11977561 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11977561 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11977561 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 11977561 frs-bus:SmallEntities 2023-06-01 2024-05-31 11977561 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11977561 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11977561 frs-bus:Director1 2023-06-01 2024-05-31 11977561 frs-countries:EnglandWales 2023-06-01 2024-05-31 11977561 2022-05-31 11977561 2023-05-31 11977561 2022-06-01 2023-05-31 11977561 frs-core:Non-currentFinancialInstruments 2023-05-31 11977561 frs-core:ShareCapital 2023-05-31 11977561 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11977561
QUANTUM EMBED LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 11977561
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 7,632 9,096
Cash at bank and in hand 258 4,124
7,890 13,220
Creditors: Amounts Falling Due Within One Year (915 ) (1,222 )
NET CURRENT ASSETS (LIABILITIES) 6,975 11,998
TOTAL ASSETS LESS CURRENT LIABILITIES 6,975 11,998
Creditors: Amounts Falling Due After More Than One Year (8,432 ) (11,700 )
NET (LIABILITIES)/ASSETS (1,457 ) 298
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account (1,557 ) 198
SHAREHOLDERS' FUNDS (1,457) 298
Page 1
Page 2
For the year ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Deepak Ramanathan
Director
21/02/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
QUANTUM EMBED LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11977561 . The registered office is 87 Cambridge Drive Marston Green, Birmingham, B37 5NS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to
adopt the going concern basis of accounting in preparing the financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3