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

REGISTERED NUMBER: 05321451 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Moore Quantitative Solutions Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

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

Fixed assets

Tangible assets

4

3,163

2,695

Investments

5

-

20,000

3,163

22,695

Current assets

Debtors

6

76,158

26,961

Cash at bank and in hand

310,433

476,099

386,591

503,060

Creditors

Amounts falling due within one year

7

53,606

102,891

Net current assets

332,985

400,169

Total assets less current liabilities

336,148

422,864

Provisions for liabilities

601

512

Net assets

335,547

422,352

Capital and reserves

Called up share capital

100

100

Retained earnings

335,447

422,252

Shareholders' funds

335,547

422,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 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 22 April 2022 and were signed on its behalf by:

S C Moore - Director

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.

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 (2020 - 2 ) .

4.	Tangible fixed assets

Fixtures,

fittings

and

equipment

£

Cost

At 1 January 2021

12,937

Additions

2,954

At 31 December 2021

15,891

Depreciation

At 1 January 2021

10,242

Charge for year

2,486

At 31 December 2021

12,728

Net book value

At 31 December 2021

3,163

At 31 December 2020

2,695

5.	Fixed asset investments

Other

investments

£

Cost

At 1 January 2021

20,000

Disposals

(20,000

)

At 31 December 2021

-

Net book value

At 31 December 2021

-

At 31 December 2020

20,000

6.

Debtors: amounts falling due within one year

31/12/21

31/12/20

£

£

Trade debtors

666

-

Other debtors

75,492

26,961

76,158

26,961

7.

Creditors: amounts falling due within one year

31/12/21

31/12/20

£

£

Taxation and social security

50,469

97,176

Other creditors

3,137

5,715

53,606

102,891