Quantum Surveying & Commercial Man Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07811627 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2018 to 31 March 2020

for

Quantum Surveying & Commercial

Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Horton

REGISTERED OFFICE:

The Coach House, Unit 42

St Mary's Business Centre

66-70 Bourne Road

Bexley

Kent

DA5 1LU

REGISTERED NUMBER:

07811627 (England and Wales)

ACCOUNTANTS:

Pomfrey Accountants Ltd

The Coach House, Unit 42

St Mary's Business Centre

66-70 Bourne Road

Bexley

Kent

DA5 1LU

CURRENT ASSETS

Debtors

4

46,425

18,616

Cash at bank

12,655

2,560

59,080

21,176

CREDITORS

Amounts falling due within one year

5

25,595

16,277

NET CURRENT ASSETS

33,485

4,899

TOTAL ASSETS LESS CURRENT LIABILITIES

33,485

4,899

CREDITORS

Amounts falling due after more than one year

6

921

3,654

NET ASSETS

32,564

1,245

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

32,464

1,145

32,564

1,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 December 2020 and were signed by:

S Horton - Director

1.	STATUTORY INFORMATION

Quantum Surveying & Commercial Management 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2018 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.10.18

£

£

Trade debtors

2,550

-

Other debtors

43,875

18,616

46,425

18,616

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.10.18

£

£

Trade creditors

1

-

Taxation and social security

26,914

16,157

Other creditors

(1,320

)

120

25,595

16,277

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.10.18

£

£

Bank loans

921

3,654