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Registered number: 08521380
Quintical Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Muftals Accountancy Ltd
Regus House
Admirals Park, Victory Way
Dartford
Kent
DA2 6QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08521380
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,204 7,806
Tangible Assets 5 - 3,458
5,204 11,264
CURRENT ASSETS
Debtors 6 794,346 794,346
Cash at bank and in hand 4,633 4,633
798,979 798,979
Creditors: Amounts Falling Due Within One Year 7 (2,280,171 ) (2,025,772 )
NET CURRENT ASSETS (LIABILITIES) (1,481,192 ) (1,226,793 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,475,988 ) (1,215,529 )
Creditors: Amounts Falling Due After More Than One Year 8 (3,380,279 ) (3,380,279 )
NET LIABILITIES (4,856,267 ) (4,595,808 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Capital redemption reserve 1,534,685 1,534,685
Profit and Loss Account (6,390,953 ) (6,130,494 )
SHAREHOLDERS' FUNDS (4,856,267) (4,595,808)
Page 1
Page 2
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alasdair Chesney
Director
14/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Quintical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08521380 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over
its estimated useful life of five years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% Reducing balance method
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 91,205
As at 31 July 2025 91,205
...CONTINUED
Page 3
Page 4
Amortisation
As at 1 August 2024 83,399
Provided during the period 2,602
As at 31 July 2025 86,001
Net Book Value
As at 31 July 2025 5,204
As at 1 August 2024 7,806
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 August 2024 50,106
As at 31 July 2025 50,106
Depreciation
As at 1 August 2024 46,648
Provided during the period 3,458
As at 31 July 2025 50,106
Net Book Value
As at 31 July 2025 -
As at 1 August 2024 3,458
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 208,724 208,724
Other debtors 12,361 12,361
Other debtors (1) 569,297 569,297
Director's loan account 3,964 3,964
794,346 794,346
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 560,127 560,127
Bank loans and overdrafts 1,278,586 1,024,187
Other taxes and social security 183,849 183,849
VAT 54,699 54,699
Net wages 30,934 30,934
Other creditors 9,521 9,521
Accruals and deferred income 162,455 162,455
2,280,171 2,025,772
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to associates 3,380,279 3,380,279
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5