QUANDRY1 LTD - Accounts

QUANDRY1 LTD

Statement of Financial Position

As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets		0	0
Financial assets	2	100	100
		100	100
Current assets
Debtors	3	154	162
Cash at bank and in hand		3,628	64,009
		3,782	64,171
Creditors: amount falling due within one year	4	(827)	(100)
Net current assets/(liabilities)		2,955	64,071


Total assets less current liabilities		3,055	64,171
Creditors: amount falling due after more than one year	5	0	(535)
Accruals and deferred income		(34)	(34)
Net assets/(liabilities)		3,021	63,602

Capital and reserves
Called up share capital		10	10
Profit and loss account		3,011	63,592
Shareholders fund		3,021	63,602

For the year ended 31 August 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

Signed on behalf of the board of directors:

---------------------------------------------

Kenneth Jackson Russell
Director

Date approved: 21 May 2026

QUANDRY1 LTD

Notes to the Accounts

For the year ended 31 Aug 2025

Statutory Information

Quandry1 Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08179996, registration address Apollo House, Hallam Way, Whitehills Business Park, Blackpool, FY4 5FS, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Financial assets

Cost or Valuation	Other investments not loans - unlisted	Total
	£	£
At 01 September 2024	100	100
Additions	0	0
At 31 August 2025	100	100
Depreciation
At 01 September 2024	0	0
At 31 August 2025	0	0
Net book values
At 31 August 2025	100	100
At 01 September 2024	100	100

Investments fixed assets

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments	154	159
Directors' current accounts	0	3
	154	162

Creditors: amount falling due within one year

	2025 £	2024 £
Other creditors	100	100
Directors' current accounts	727	0
	827	100

Creditors: amount falling due after more than one year

	2025 £		2024 £
Directors' loan accounts	0		535
	0		535

6.	Average number of employees Average number of employees during the year were 2 (2024: 2).

7.	Directors Advances Credits At the yearend 31/08/2025, the directors were owed by the business £726.24. This loan is unsecured, interest free and has no set repayment date.