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Registered number: 03906997
Quantech Services Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2025
TCP Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 03906997
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,928 26,354
Investment Properties 5 181,000 181,000
201,928 207,354
CURRENT ASSETS
Debtors - 598
Cash at bank and in hand 2,053 9,189
2,053 9,787
Creditors: Amounts Falling Due Within One Year (66,420 ) (70,156 )
NET CURRENT ASSETS (LIABILITIES) (64,367 ) (60,369 )
TOTAL ASSETS LESS CURRENT LIABILITIES 137,561 146,985
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (27,158 ) (27,158 )
NET ASSETS 110,403 119,827
CAPITAL AND RESERVES
Called up share capital 7 165 165
Fair value reserve 8 88,695 88,695
Profit and Loss Account 21,543 30,967
SHAREHOLDERS' FUNDS 110,403 119,827
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr S St Denis
Director
27 October 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Quantech Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03906997 . The registered office is 1 Crow Hill Drive, Mansfield, Nottinghamshire, NG19 7AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 February 2024 69,107
As at 31 January 2025 69,107
Depreciation
As at 1 February 2024 42,753
Provided during the period 5,426
As at 31 January 2025 48,179
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 20,928
As at 1 February 2024 26,354
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 and 31 January 2025 181,000
6. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 27,158 27,158
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 165 165
8. Reserves
Fair Value Reserve
£
As at 1 February 2024 88,695
As at 31 January 2025 88,695
Page 4