Moore Quantitative Solutions Limited - Accounts to registrar (filleted) - small 18.2

Moore Quantitative Solutions Limited - Accounts to registrar (filleted) - small 18.2

MOORE QUANTITATIVE SOLUTIONS LIMITED - Company Information

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REGISTERED NUMBER: 05321451 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Moore Quantitative Solutions Limited
Moore Quantitative Solutions Limited (Registered number: 05321451)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Moore Quantitative Solutions Limited

Company Information
for the Year Ended 31 December 2019







Directors: S C Moore
S Moore





Secretary: S Moore





Registered office: 114-120 Northgate Street
Chester
CH1 2HT





Registered number: 05321451 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT
Page 1
Moore Quantitative Solutions Limited (Registered number: 05321451)

Statement of Financial Position
31 December 2019

2019 2018
Notes £    £    £    £   
Fixed assets
Tangible assets 4 3,814 3,469
Investments 5 20,000 20,000
23,814 23,469

Current assets
Debtors 6 38,326 33,324
Cash at bank and in hand 420,119 302,371
458,445 335,695
Creditors
Amounts falling due within one year 7 58,235 54,507
Net current assets 400,210 281,188
Total assets less current liabilities 424,024 304,657

Provisions for liabilities 8 725 659
Net assets 423,299 303,998

Capital and reserves
Called up share capital 100 100
Retained earnings 423,199 303,898
Shareholders' funds 423,299 303,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and
387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The notes form part of these financial statements

Page 2 continued...
Moore Quantitative Solutions Limited (Registered number: 05321451)

Statement of Financial Position - continued
31 December 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on
16 April 2020 and were signed on its behalf by:





S C Moore - Director


The notes form part of these financial statements

Page 3
Moore Quantitative Solutions Limited (Registered number: 05321451)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. Statutory information

Moore Quantitative Solutions Limited is a private company, limited by shares , registered in
England and Wales. The company's registered number and registered office address can be
found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion
of the service transaction at the end of the reporting period provided that the outcome can
be reliably estimated. When the outcome cannot be reliably estimated, revenue is
recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement
of Income and Retained Earnings, except to the extent that it relates to items recognised in
other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

Page 4 continued...
Moore Quantitative Solutions Limited (Registered number: 05321451)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

2. Accounting policies - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of
exchange ruling at the statement of financial position date. Transactions in foreign
currencies are translated into sterling at the rate of exchange ruling at the date of
transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less
any accumulated impairment losses. Listed investments are measured at fair value with
changes in fair value being recognised in profit or loss.

3. Employees and directors

The average number of employees during the year was 2 (2018 - 2 ) .

4. Tangible fixed assets
Fixtures,
fittings
and
equipment
£   
Cost
At 1 January 2019 9,944
Additions 2,198
At 31 December 2019 12,142
Depreciation
At 1 January 2019 6,475
Charge for year 1,853
At 31 December 2019 8,328
Net book value
At 31 December 2019 3,814
At 31 December 2018 3,469

Page 5 continued...
Moore Quantitative Solutions Limited (Registered number: 05321451)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

5. Fixed asset investments
Other
investments
£   
Cost
At 1 January 2019
and 31 December 2019 20,000
Net book value
At 31 December 2019 20,000
At 31 December 2018 20,000

6. Debtors: amounts falling due within one year
2019 2018
£    £   
Trade debtors 6,128 1,954
Other debtors 32,198 31,370
38,326 33,324

7. Creditors: amounts falling due within one year
2019 2018
£    £   
Taxation and social security 54,024 47,079
Other creditors 4,211 7,428
58,235 54,507

8. Provisions for liabilities
2019 2018
£    £   
Deferred tax
Accelerated capital allowances 725 659

Deferred
tax
£   
Balance at 1 January 2019 659
Charge to Statement of Income and Retained Earnings
during year
66
Balance at 31 December 2019 725

Page 6