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REGISTERED NUMBER: 05160500 (England and Wales)























Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Quantbuild Limited
Trading as
Banyan Tree Studio

Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Quantbuild Limited
Trading as Banyan Tree Studio

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr P J Mooney
Mrs J M Mooney





REGISTERED OFFICE: 4 Pembroke Place
Leyland
Preston
Lancashire
PR25 2EH





REGISTERED NUMBER: 05160500 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,992 15,111

CURRENT ASSETS
Stocks 3,000 9,000
Debtors 5 3,241 718
Cash at bank 754 841
6,995 10,559
CREDITORS
Amounts falling due within one year 6 13,747 7,261
NET CURRENT (LIABILITIES)/ASSETS (6,752 ) 3,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,240

18,409

CREDITORS
Amounts falling due after more than one
year

7

(72,700

)

(72,700

)

PROVISIONS FOR LIABILITIES (2,248 ) (3,778 )
NET LIABILITIES (72,708 ) (58,069 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (73,708 ) (59,069 )
SHAREHOLDERS' FUNDS (72,708 ) (58,069 )

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

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

Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Statement of Financial Position - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:





Mr P J Mooney - Director


Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Quantbuild 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.

Going Concern

The directors have prepared the financial statements on a going concern basis as despite the company showing an insolvent balance sheet, they are confident the company will continue to trade for the foreseeable future. The company is currently reliant on the support of the directors and assurances have been given that this support will continue.

Income recognition
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.
Freehold property - 20% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Notes to the Financial Statements - continued
for the Year Ended 30 November 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 statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 December 2023
and 30 November 2024 15,406 33,067 5,970
DEPRECIATION
At 1 December 2023 10,535 24,202 5,673
Charge for year 3,082 2,694 74
At 30 November 2024 13,617 26,896 5,747
NET BOOK VALUE
At 30 November 2024 1,789 6,171 223
At 30 November 2023 4,871 8,865 297

Quantbuild Limited (Registered number: 05160500)
Trading as Banyan Tree Studio

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 11,995 7,628 74,066
DEPRECIATION
At 1 December 2023 10,920 7,625 58,955
Charge for year 269 - 6,119
At 30 November 2024 11,189 7,625 65,074
NET BOOK VALUE
At 30 November 2024 806 3 8,992
At 30 November 2023 1,075 3 15,111

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 2,736 -
VAT - 253
Prepayments 505 465
3,241 718

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Social security and other taxes (1 ) -
VAT 924 -
Directors' loan accounts 11,499 5,935
Accrued expenses 1,325 1,326
13,747 7,261

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Directors' loan accounts 72,700 72,700