REGISTERED NUMBER: 03474418 (England and Wales)

Quintus Partnership Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

4

Directors:

D P James

R A Bell

R Claxton

S N Pollington

Registered office:

Monica House

Saint Augustines road

Wisbech

Cambs

PE13 3AD

Business address:

Mallard Road

Spalding

Lincolnshire

PE12 6ND

Registered number:

03474418 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quintus Partnership Limited for the year ended 31 December 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Quintus Partnership Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Quintus Partnership Limited and state those matters that we have agreed to state to the Board of Directors of Quintus Partnership Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quintus Partnership Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Quintus Partnership Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Quintus Partnership Limited. You consider that Quintus Partnership Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Quintus Partnership Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

18 September 2025

Fixed assets

Tangible assets

5

750

672

Current assets

Debtors

6

168,430

155,861

Cash at bank

225,745

293,763

394,175

449,624

Creditors

Amounts falling due within one year

7

191,204

249,926

Net current assets

202,971

199,698

Total assets less current liabilities

203,721

200,370

Capital and reserves

Called up share capital

8

38,006

38,006

Capital redemption reserve

10,001

10,001

Retained earnings

155,714

152,363

Shareholders' funds

203,721

200,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 18 September 2025 and were signed on its behalf by:

D P James - Director

1.	Statutory information

Quintus Partnership 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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.

Trolleys

-

25% on a straight line basis

Furniture & equipment

-

25% reducing balance/33.3% straight line

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.

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.

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.

4.	Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

5.	Tangible fixed assets

Furniture

Trolleys

& equipment

Totals

£

£

£

Cost

At 1 January 2024

234,616

39,193

273,809

Additions

-

575

575

At 31 December 2024

234,616

39,768

274,384

Depreciation

At 1 January 2024

234,616

38,521

273,137

Charge for year

-

497

497

At 31 December 2024

234,616

39,018

273,634

Net book value

At 31 December 2024

-

750

750

At 31 December 2023

-

672

672

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

164,202

154,163

VAT

3,731

1,358

Prepayments and accrued income

497

340

168,430

155,861

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

189,054

247,926

Accrued expenses

2,150

2,000

191,204

249,926

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

6

Ordinary

1

6

6

38,000

Preference

1

38,000

38,000

38,006

38,006

The Redeemable Preference shares may be redeemed at any time, at the company's option. The amount due upon redemption may be the nominal value or such other sum as may be agreed in writing by the shareholder whose shares are then to be redeemed.