12 September 2024 false No description of principal activity Taxfiler 2024.6 true 15952144 business:PrivateLimitedCompanyLtd 2024-09-12 2025-12-31 15952144 2024-09-11 15952144 2024-09-12 2025-12-31 15952144 business:AuditExempt-NoAccountantsReport 2024-09-12 2025-12-31 15952144 business:FilletedAccounts 2024-09-12 2025-12-31 15952144 2025-12-31 15952144 business:Director1 2024-09-12 2025-12-31 15952144 business:RegisteredOffice 2024-09-12 2025-12-31 15952144 core:WithinOneYear 2025-12-31 15952144 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 15952144 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 15952144 core:PreviouslyStatedAmount 2025-12-31 15952144 business:SmallEntities 2024-09-12 2025-12-31 15952144 countries:EnglandWales 2024-09-12 2025-12-31 15952144 core:ComputerEquipment 2024-09-12 2025-12-31 15952144 core:ComputerEquipment 2024-09-11 15952144 core:ComputerEquipment 2025-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15952144 (England and Wales)
Qed Ltd Unaudited accounts for the period from 12 September 2024 to 31 December 2025
Qed Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Qed Ltd Company Information for the period from 12 September 2024 to 31 December 2025
Director
Anto Cabraja
Company Number
15952144 (England and Wales)
Registered Office
66 Paul Street London London EC2A 4NA England
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Qed Ltd Statement of financial position as at 31 December 2025
2025
Notes
£
Called up share capital not paid
100
Fixed assets
Tangible assets
4
1,696
Current assets
Debtors
5
4,086
Cash at bank and in hand
23,540
27,626
Creditors: amounts falling due within one year
6
(14,815)
Net current assets
12,811
Total assets less current liabilities
14,607
Provisions for liabilities
Deferred tax
(424)
Net assets
14,183
Capital and reserves
Called up share capital
100
Profit and loss account
14,083
Shareholders' funds
14,183
For the period ending 31 December 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 3 June 2026 and were signed on its behalf by
Anto Cabraja Director Company Registration No. 15952144
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Qed Ltd Notes to the Accounts for the period from 12 September 2024 to 31 December 2025
1
Statutory information
Qed Ltd is a private company, limited by shares, registered in England and Wales, registration number 15952144. The registered office is 66 Paul Street, London, London, EC2A 4NA, 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 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.
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.
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
4 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Qed Ltd Notes to the Accounts for the period from 12 September 2024 to 31 December 2025
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. In assessing the appropriateness of this basis, the director has considered the financial position of the company and its ability to meet liabilities as they fall due. The company had positive net assets and net current assets at the reporting date, together with cash resources available to support its operations. The director has also prepared forecasts covering a period of at least twelve months from the date of approval of the financial statements and has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 12 September 2024
-
Additions
2,173
At 31 December 2025
2,173
Depreciation
Charge for the period
477
At 31 December 2025
477
Net book value
At 31 December 2025
1,696
5
Debtors
2025
£
Amounts falling due within one year
Amounts due from group undertakings etc.
2,030
Other debtors
2,056
4,086
6
Creditors: amounts falling due within one year
2025
£
VAT
11,295
Taxes and social security
3,005
Other creditors
515
14,815
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Qed Ltd Notes to the Accounts for the period from 12 September 2024 to 31 December 2025
7
Transactions with related parties
During the period, the company entered into transactions with Emploio Ltd, a company under common control. The company paid certain operating expenses on behalf of Emploio Ltd. These amounts are recorded as an intercompany receivable. At the balance sheet date, the amount due from Emploio Ltd was £2,030 (2024: £nil). The balance is unsecured, interest-free and repayable on demand.
8
Average number of employees
During the period the average number of employees was 2.
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