1 April 2024 false No description of principal activity Taxfiler 2024.6 14713097business:PrivateLimitedCompanyLtd2024-04-012025-03-31 147130972024-03-31 147130972024-04-012025-03-31 14713097business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 14713097business:FilletedAccounts2024-04-012025-03-31 147130972025-03-31 14713097business:Director12024-04-012025-03-31 14713097business:Director22024-04-012025-03-31 14713097business:RegisteredOffice2024-04-012025-03-31 147130972024-03-31 14713097core:WithinOneYear2025-03-31 14713097core:WithinOneYear2024-03-31 14713097core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 14713097core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14713097core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 14713097core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14713097core:PreviouslyStatedAmount2025-03-31 14713097core:PreviouslyStatedAmount2024-03-31 14713097business:SmallEntities2024-04-012025-03-31 14713097countries:EnglandWales2024-04-012025-03-31 14713097core:ComputerEquipment2024-04-012025-03-31 14713097core:ComputerEquipment2024-03-31 14713097core:ComputerEquipment2025-03-31 147130972023-03-072024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14713097 (England and Wales)
Qantas Innovation Ltd Unaudited accounts for the year ended 31 March 2025
Qantas Innovation Ltd Unaudited accounts Contents
Page
- 2 -
Qantas Innovation Ltd Company Information for the year ended 31 March 2025
Directors
Pui Hung Lam Cheuk Tung LAM
Company Number
14713097 (England and Wales)
Registered Office
Flat 32 Parkview Apartments 122 Chrisp Street London London E14 6ET England
Accountants
Rivia Solution Accountants 419 Roman Road Bethnal Green London E3 5QS
- 3 -
Qantas Innovation Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,372 
1,830 
Investment property
516,970 
- 
518,342 
1,830 
Current assets
Debtors
4,061 
2,525 
Cash at bank and in hand
6,938 
7,602 
10,999 
10,127 
Creditors: amounts falling due within one year
(520,964)
(11,244)
Net current liabilities
(509,965)
(1,117)
Net assets
8,377 
713 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,277 
613 
Shareholders' funds
8,377 
713 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 26 November 2025 and were signed on its behalf by
Pui Hung Lam Director Company Registration No. 14713097
- 4 -
Qantas Innovation Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Qantas Innovation Ltd is a private company, limited by shares, registered in England and Wales, registration number 14713097. The registered office is Flat 32, Parkview Apartments, 122 Chrisp Street, London, London, E14 6ET, 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.
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
25% RBM
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
2,440 
At 31 March 2025
2,440 
Depreciation
At 1 April 2024
610 
Charge for the year
458 
At 31 March 2025
1,068 
Net book value
At 31 March 2025
1,372 
At 31 March 2024
1,830 
5
Investment property
2025 
£ 
Additions
516,970 
At 31 March 2025
516,970 
- 5 -
Qantas Innovation Ltd Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,061 
2,525 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,643 
- 
Loans from directors
518,276 
10,464 
Accruals
1,045 
780 
520,964 
11,244 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -