Quantum Tiger Limited - Abbreviated accounts

Quantum Tiger Limited - Abbreviated accounts


Registered number
07717306
Quantum Tiger Limited
Report and Accounts
31 July 2021
Quantum Tiger Limited
Balance Sheet
as at 31 July 2021
2021 2020
£ £
Current assets 302,081 204,832
302,081 204,832
Creditors: amounts falling due within one year (41,434) (23,993)
Net current assets 260,647 180,839
Total assets less current liabilities 260,647 180,839
Net assets 260,647 180,839
Capital and reserves 260,647 180,839
The director controls the company.

During the year the company paid £312 (2020 : £519) to A Jayabalan for use of home as office.

During the year A Jayabalan had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £0.05 (2020 : £-38980.78 ) and the maximum balance outstanding during the year was £38,981 (2020 : £xxx).

To the extent that any part of the loan remains outstanding by 30 April 2022 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.
During the period there was 1 employee of the company.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered.
The company's registered office is at SUITE 1 SECOND FLOOR EVERDENE HOUSE, DEANSLEIGH ROAD, BOURNEMOUTH, BH7 7DU.
A Jayabalan
Director
Approved by the board on 27 April 2022
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