REGISTERED NUMBER: 10923821 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Quantum MEP Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W V Blower

REGISTERED OFFICE:

2 Marlborough Drive

Tadcaster

North Yorkshire

LS24 9JU

REGISTERED NUMBER:

10923821 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

1,816

2,689

CURRENT ASSETS

Debtors

5

115,928

117,169

Cash at bank

20,630

14,088

136,558

131,257

CREDITORS

Amounts falling due within one year

6

87,947

85,194

NET CURRENT ASSETS

48,611

46,063

TOTAL ASSETS LESS CURRENT LIABILITIES

50,427

48,752

CREDITORS

Amounts falling due after more than one year

7

(523

)

(2,598

)

PROVISIONS FOR LIABILITIES

(345

)

(511

)

NET ASSETS

49,559

45,643

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

49,459

45,543

49,559

45,643

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

Mr W V Blower - Director

1.	STATUTORY INFORMATION

Quantum MEP 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.

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.

Plant and machinery etc - 25% on reducing balance

Fixtures & Fittings - 25% on reducing balance

Computer Equipment - 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

and 31 August 2024

6,312

DEPRECIATION

At 1 September 2023

3,623

Charge for year

873

At 31 August 2024

4,496

NET BOOK VALUE

At 31 August 2024

1,816

At 31 August 2023

2,689

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/24

31/8/23

£

£

Trade debtors

57,922

80,275

Other debtors

58,006

36,894

115,928

117,169

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/24

31/8/23

£

£

Trade creditors

1,650

36

Taxation and social security

82,895

81,546

Other creditors

3,402

3,612

87,947

85,194

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/24

31/8/23

£

£

Other creditors

523

2,598

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24

31/8/23

£

£

Mr W V Blower and Mrs R Blower

Balance outstanding at start of year

32,768

33,165

Amounts advanced

17,582

58,626

Amounts repaid

(2,377

)

(59,023

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

47,973

32,768

Interest has been charged on the above loan at 2.5%.