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COMPANY REGISTRATION NUMBER: 08993593

Quanntum Limited

Unaudited financial statements

30 April 2025

Quanntum Limited

Statement of financial position

30 April 2025

| 2025 | 2024
Note | £ | £ | £ | £

Current assets

Stocks | 27,776 |  | 65,188 |
Debtors | 6 | 858,081 |  | 532,354 |
Cash at bank and in hand | 10,032 |  | 91,749 |
| --------- |  | --------- |
| 895,889 |  | 689,291 |

Creditors: Amounts falling due within one year | 7 | ( 446,203) |  | ( 490,723) |
| --------- |  | --------- |
Net current assets |  | 449,686 |  | 198,568
|  | --------- |  | ---------
Total assets less current liabilities |  | 449,686 |  | 198,568

Provisions

Taxation including deferred tax |  | 10,055 |  | 12,263

Accruals and deferred income |  | ( 57,690) |  | ( 1,750)
|  | --------- |  | ---------
Net assets |  | 402,051 |  | 209,081
|  | --------- |  | ---------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 401,951 |  | 208,981
|  | --------- |  | ---------
Shareholder funds |  | 402,051 |  | 209,081
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 January 2026 , and are signed on behalf of the board by:

Mr M D Shaw |
Director |

Company registration number: 08993593

Quanntum Limited

Notes to the financial statements

Year ended 30 April 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, Norfolk, NR7 0LB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Provision is made, under 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | Fully depreciated
| Fixtures and fittings | - | Fully depreciated

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. Employee numbers
The average number of employees during the year was 1 (2024: 1 ).
5. Tangible assets

| Plant and machinery | Fixtures and fittings | Total
| £ | £ | £
Cost |  |  |
At 1 May 2024 and 30 April 2025 | 22,600 | 7,834 | 30,434
| ------- | ------ | -------
Depreciation |  |  |
At 1 May 2024 and 30 April 2025 | 22,600 | 7,834 | 30,434
| ------- | ------ | -------
Carrying amount |  |  |
At 30 April 2025 | – | – | –
| ------- | ------ | -------
At 30 April 2024 | – | – | –
| ------- | ------ | -------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 563,081 | 532,354
Other debtors | 295,000 | –
| --------- | ---------
| 858,081 | 532,354
| --------- | ---------

7. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 232,957 | 259,647
Social security and other taxes | 63,639 | 116,525
Other creditors | 149,607 | 114,551
| --------- | ---------
| 446,203 | 490,723
| --------- | ---------

8. Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 May 2023.
The only transitional adjustment required was to recognise a deferred tax asset which has increased profit and loss reserves by £14,954 at 30 April 2023 and by £12,263 at 30 April 2024.
The transition has increased the tax charge for the year ended 30 April 2024 by £2,691