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Company Registration No. 08580289 (England and Wales)
Quantdeck Systems Limited Unaudited accounts for the year ended 30 June 2025
Quantdeck Systems Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Quantdeck Systems Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
566
272
Current assets
Debtors
5
117,415
160,773
Cash at bank and in hand
17,013
56,027
134,428
216,800
Creditors: amounts falling due within one year
6
116,150
12,626
Net current assets
250,578
229,426
Total assets less current liabilities
251,144
229,698
Creditors: amounts falling due after more than one year
7
(14,565)
(11,332)
Net assets
236,579
218,366
Capital and reserves
Called up share capital
600
600
Profit and loss account
235,979
217,766
Shareholders' funds
236,579
218,366
For the year ending 30 June 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 16 March 2026 and were signed on its behalf by
R R Taylor Director Company Registration No. 08580289
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Quantdeck Systems Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Quantdeck Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 08580289. The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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.
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.
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
3 years straight line
Financial instruments
The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.
Finance costs
Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
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Quantdeck Systems Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
9,680
Additions
846
At 30 June 2025
10,526
Depreciation
At 1 July 2024
9,408
Charge for the year
552
At 30 June 2025
9,960
Net book value
At 30 June 2025
566
At 30 June 2024
272
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
62,411
110,224
Amounts due from group undertakings etc.
4,205
4,205
Other debtors
50,799
46,344
117,415
160,773
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,420
9,988
VAT
5,308
9,807
Trade creditors
27,008
25,695
Taxes and social security
147
81,048
Other creditors
(4,044)
(4,044)
Loans from directors
(148,739)
(135,539)
Accruals
750
419
(116,150)
(12,626)
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
14,565
11,332
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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