Company Registration No. 13438604 (England and Wales)
Quras Digital Limited
Unaudited accounts
for the year ended 30 June 2024
Quras Digital Limited
Unaudited accounts
Contents
Quras Digital Limited
Company Information
for the year ended 30 June 2024
Company Number
13438604 (England and Wales)
Registered Office
Suite 104 Quay House
Level Street
Brierley Hill
DY5 1XD
Accountants
Cofton Financial Ltd
26 Russell Street
Cofton Hackett
Birmingham
Birmingham
West Midlands
B45 8FL
Quras Digital Limited
Statement of financial position
as at 30 June 2024
Tangible assets
3,942
4,040
Cash at bank and in hand
13,541
1,832
Creditors: amounts falling due within one year
(90,839)
(42,953)
Net current liabilities
(65,401)
(36,717)
Net liabilities
(61,459)
(32,677)
Profit and loss account
(61,459)
(32,677)
Shareholders' funds
(61,459)
(32,677)
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 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 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 2 June 2025 and were signed on its behalf by
David McLaren
Director
Company Registration No. 13438604
Quras Digital Limited
Notes to the Accounts
for the year ended 30 June 2024
Quras Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 13438604. The registered office is Suite 104 Quay House, Level Street, Brierley Hill, DY5 1XD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
20% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
6,604
933
7,537
At 30 June 2024
7,781
933
8,714
At 1 July 2023
3,168
329
3,497
Charge for the year
1,154
121
1,275
At 30 June 2024
4,322
450
4,772
At 30 June 2024
3,459
483
3,942
At 30 June 2023
3,436
604
4,040
Quras Digital Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
10,985
4,206
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,127
1,343
Taxes and social security
22,099
12,698
Other creditors
14,044
195
7
Average number of employees
During the year the average number of employees was 6 (2023: 7).