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Company Registration No. 08241958 (England and Wales)
Global Quantum Bridges Ltd Unaudited accounts for the year ended 31 October 2024
Global Quantum Bridges Ltd Unaudited accounts Contents
Page
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Global Quantum Bridges Ltd Company Information for the year ended 31 October 2024
Director
Elena Ilinskaya-Larkins
Company Number
08241958 (England and Wales)
Registered Office
New Derwent House 69-73 Theobalds Road London WC1X 8TA
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Global Quantum Bridges Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
38,909 
38,909 
Tangible assets
661 
1,541 
Investments
3,191 
3,191 
42,761 
43,641 
Current assets
Cash at bank and in hand
2,021 
4 
Creditors: amounts falling due within one year
(101,954)
(94,998)
Net current liabilities
(99,933)
(94,994)
Net liabilities
(57,172)
(51,353)
Capital and reserves
Called up share capital
55,100 
55,100 
Share premium
44,030 
44,030 
Profit and loss account
(156,302)
(150,483)
Shareholders' funds
(57,172)
(51,353)
For the year ending 31 October 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 her 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 25 July 2025 and were signed on its behalf by
Elena Ilinskaya-Larkins Director Company Registration No. 08241958
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Global Quantum Bridges Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Global Quantum Bridges Ltd is a private company, limited by shares, registered in England and Wales, registration number 08241958. The registered office is New Derwent House, 69-73 Theobalds Road, London, WC1X 8TA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33% on costt
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2023
38,909 
At 31 October 2024
38,909 
Amortisation
At 1 November 2023
- 
At 31 October 2024
- 
Net book value
At 31 October 2024
38,909 
At 31 October 2023
38,909 
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Global Quantum Bridges Ltd Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2023
5,282 
At 31 October 2024
5,282 
Depreciation
At 1 November 2023
3,741 
Charge for the year
880 
At 31 October 2024
4,621 
Net book value
At 31 October 2024
661 
At 31 October 2023
1,541 
6
Investments
Other investments 
£ 
Valuation at 1 November 2023
3,191 
Valuation at 31 October 2024
3,191 
Investments in associates undertakings are recognised at cost.
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,103 
- 
Loans from directors
99,371 
94,498 
Accruals
480 
500 
101,954 
94,998 
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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