Company Registration No. 09964744 (England and Wales)
Quantum Communications Limited
Unaudited accounts
for the year ended 31 January 2019
Quantum Communications Limited
Unaudited accounts
Contents
Quantum Communications Limited
Company Information
for the year ended 31 January 2019
Directors
Lincoln Fraser
Kenickie Andrew Robert Hugill
Company Number
09964744 (England and Wales)
Registered Office
Regent House
Brookenby Park
Market Rasen
Lincolnshire
LN8 6HF
Quantum Communications Limited
Statement of financial position
as at 31 January 2019
Investments
300,000
300,000
Cash at bank and in hand
45,850
225
Creditors: amounts falling due within one year
(10,075)
(40,845)
Net current assets/(liabilities)
35,875
(40,520)
Total assets less current liabilities
455,875
259,480
Creditors: amounts falling due after more than one year
(288,605)
-
Net assets
167,270
259,480
Called up share capital
100
100
Capital contribution reserve
300,000
300,000
Profit and loss account
(132,830)
(40,620)
Shareholders' funds
167,270
259,480
For the year ending 31 January 2019 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 directors acknowledge their 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.
Approved by the Board on 6 September 2019.
Lincoln Fraser
Director
Company Registration No. 09964744
Quantum Communications Limited
Notes to the Accounts
for the year ended 31 January 2019
Quantum Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 09964744. The registered office is Regent House, Brookenby Park, Market Rasen, Lincolnshire, LN8 6HF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Computer equipment
At 31 January 2019
120,000
At 31 January 2019
120,000
5
Investments
Other investments
Valuation at 1 February 2018
300,000
Valuation at 31 January 2019
300,000
Quantum Communications Limited
Notes to the Accounts
for the year ended 31 January 2019
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
10,075
-
Loans from directors
-
40,845
8
Creditors: amounts falling due after more than one year
2019
2018
Amounts owed to group undertakings and other participating interests
288,605
-
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).
