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Company Registration No. 09201361 (England and Wales)
QFT Networks Ltd Filleted accounts for the year ended 30 September 2025
QFT Networks Ltd Filleted accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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QFT Networks Ltd Company Information for the year ended 30 September 2025
Director
Nicholas Jackson
Company Number
09201361 (England and Wales)
Registered Office
26 Knights Close Eaton Socon St. Neots Cambridgeshire PE19 8DP England
Accountants
SSJ Accountants Ltd 173A High Street Beckenham Kent BR3 1AH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of QFT Networks Ltd for the year ended 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of QFT Networks Ltd for the year ended 30 September 2025 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of QFT Networks Ltd, as a body, in accordance with the terms of our engagement letter dated 1 September 2014. Our work has been undertaken solely to prepare for your approval the accounts of QFT Networks Ltd and state those matters that we have agreed to state to the Board of Directors of QFT Networks Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than QFT Networks Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that QFT Networks Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of QFT Networks Ltd. You consider that QFT Networks Ltd 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 accounts of QFT Networks Ltd. 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 accounts.
SSJ Accountants Ltd Chartered Accountants 173A High Street Beckenham Kent BR3 1AH 7 October 2025
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QFT Networks Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
22,157
5,503
Current assets
Cash at bank and in hand
101,681
39,850
Creditors: amounts falling due within one year
5
(40,275)
(10,605)
Net current assets
61,406
29,245
Net assets
83,563
34,748
Capital and reserves
Called up share capital
12
12
Profit and loss account
83,551
34,736
Shareholders' funds
83,563
34,748
For the year ending 30 September 2025 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 9 October 2025 and were signed on its behalf by
Nicholas Jackson Director Company Registration No. 09201361
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QFT Networks Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
QFT Networks Ltd is a private company, limited by shares, registered in England and Wales, registration number 09201361. The registered office is 26 Knights Close, Eaton Socon, St. Neots, Cambridgeshire, PE19 8DP, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% RB
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 October 2024
22,851
Additions
24,040
At 30 September 2025
46,891
Depreciation
At 1 October 2024
17,348
Charge for the year
7,386
At 30 September 2025
24,734
Net book value
At 30 September 2025
22,157
At 30 September 2024
5,503
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QFT Networks Ltd Notes to the Accounts for the year ended 30 September 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
40,273
10,605
Loans from directors
2
-
40,275
10,605
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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