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REGISTERED NUMBER: 04033131 (England and Wales)















QUANTEX CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024






QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


QUANTEX CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: A W Brayford FRICS
R E Tysler
J Tudor





SECRETARY: R E Tysler





REGISTERED OFFICE: 3 Lyttleton Court
Birmingham Street
Halesowen
West Midlands
B63 3HN





REGISTERED NUMBER: 04033131 (England and Wales)





ACCOUNTANTS: CUTTER & CO LTD
CHARTERED ACCOUNTANTS
3 Lyttleton Court
Birmingham Street
Halesowen
West Midlands
B63 3HN

QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 746 5,330
Investments 5 92 92
838 5,422

CURRENT ASSETS
Work in progress 6 145,132 136,617
Debtors 7 118,267 181,693
Cash at bank and in hand 252,399 152,817
515,798 471,127
CREDITORS
Amounts falling due within one year 8 340,393 157,857
NET CURRENT ASSETS 175,405 313,270
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,243

318,692

PROVISIONS FOR LIABILITIES 186 1,332
NET ASSETS 176,057 317,360

CAPITAL AND RESERVES
Called up share capital 999 999
Retained earnings 175,058 316,361
SHAREHOLDERS' FUNDS 176,057 317,360

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

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

QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

BALANCE SHEET - continued
30TH 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 27th June 2025 and were signed on its behalf by:





J Tudor - Director


QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Quantex Consulting 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.

Revenue
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer and office equipment - 33% on cost

Work in progress
When the outcome of a transaction involving the rendering of services can be estimated reliably, revenue is calculated by reference to the stage (or percentage) of completion of the transaction at the end of the reporting period. When the outcome of the transaction involving the rendering of services cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable. When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

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.


QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH 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 9 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Computer
Fixtures and
and Motor office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st October 2023 53,282 4,800 98,835 156,917
Disposals - (4,800 ) - (4,800 )
At 30th September 2024 53,282 - 98,835 152,117
DEPRECIATION
At 1st October 2023 52,591 2,000 96,996 151,587
Charge for year 691 1,600 1,093 3,384
Eliminated on disposal - (3,600 ) - (3,600 )
At 30th September 2024 53,282 - 98,089 151,371
NET BOOK VALUE
At 30th September 2024 - - 746 746
At 30th September 2023 691 2,800 1,839 5,330

QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st October 2023
and 30th September 2024 92
NET BOOK VALUE
At 30th September 2024 92
At 30th September 2023 92

6. WORK IN PROGRESS
2024 2023
£    £   
Work-in-progress 145,132 136,617

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 84,048 137,165
Tax - 17,658
Prepayments 34,219 26,870
118,267 181,693

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,936 27,737
Corporation tax 21,830 -
Social security and other taxes 84,261 93,772
Other creditors 2,753 9,020
Directors' current accounts 43,974 8,530
Accrued expenses 139,639 18,798
340,393 157,857

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 2,331 3,786

QUANTEX CONSULTING LIMITED (REGISTERED NUMBER: 04033131)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

10. RELATED PARTY DISCLOSURES

A loan has been made to the company by the director, A W Brayford. There are no set repayment terms and no interest is being charged.The balance within creditors at the year end was £29,240 (2023: £7,511).

A loan has been made to the company by the director, R E Tysler. There are no set repayment terms and no interest is being charged.The balance within creditors at the year end was £14,733 (2023: £534).

A loan has been made to the company by the J Tudor by the company. There are no set repayment terms and no
interest is being charged.The balance within creditors at the year end was £1 (2023: £1).

A loan has been made to the company by the director, R J Woodbine. There are no set repayment terms and no interest is being charged.The balance within creditors at the year end was £nil (2023: £257).

A loan has been made to the company by the director, A J Coombe. There are no set repayment terms and no
interest is being charged.The balance within creditors at the year end was £nil (2023: £228).

11. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.