Quantum Bridge Limited - Abbreviated accounts

Quantum Bridge Limited - Abbreviated accounts

QUANTUM BRIDGE LIMITED - Company Information

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Registered number
09122543
Quantum Bridge Limited
Report and Accounts
31 July 2021
Quantum Bridge Limited
Balance Sheet
as at 31 July 2021
2021 2020
£ £
Fixed assets 19,391 25,811
Current assets 71,111 79,928
71,111 79,928
Creditors: amounts falling due within one year (85,577) (44,350)
Net current (liabilities)/assets (14,466) 35,578
Total assets less current liabilities 4,925 61,389
Net assets 4,925 61,389
Capital and reserves 4,925 61,389
The director controls the company.

During the year the company paid £13474 (2020 : £4986) to M Tran for use of home as office.

During the year M Tran 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 £35,527 (2020 : £21,277) and the maximum balance outstanding during the year was £39,211 (2020 : £24,813).

To the extent that any part of the loan remains outstanding by 30 April 2022 the company would be required to pay 33.75% 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 C/O INTOUCH ACCOUNTING SUITE 1, SECOND FLOOR, EVERDENE HOUSE, DEANSLEIGH ROAD, BOURNEMOUTH, DORSET, BH7 7DU.
M Tran
Director
Approved by the board on 7 February 2024
Quantum Bridge Limited 09122543 false 2020-08-01 2021-07-31 2021-07-31 VT Final Accounts October 2023 release 2 M Tran No description of principal activity 09122543 2020-08-01 2021-07-31 09122543 bus:PrivateLimitedCompanyLtd 2020-08-01 2021-07-31 09122543 bus:AuditExempt-NoAccountantsReport 2020-08-01 2021-07-31 09122543 bus:Director40 2020-08-01 2021-07-31 09122543 bus:Micro-entities 2020-08-01 2021-07-31 09122543 bus:FullAccounts 2020-08-01 2021-07-31 09122543 2021-07-31 09122543 2020-07-31 iso4217:GBP xbrli:pure