Quantum Teknik Limited - Symonds - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03728665 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

QUANTUM TEKNIK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P J Symonds

REGISTERED OFFICE:

Archer House

Britland

Northbourne Road

Eastbourne

East Sussex

BN22 8PW

REGISTERED NUMBER:

03728665 (England and Wales)

ACCOUNTANTS:

Dominic Hill Associates Limited

Chartered Accountants

Archer House

Britland Estate

Northbourne Road

EASTBOURNE

East Sussex

BN22 8PW

FIXED ASSETS

Tangible assets

4

718

958

CURRENT ASSETS

Debtors

5

10,265

9,414

Cash at bank

629,818

648,442

640,083

657,856

CREDITORS

Amounts falling due within one year

6

69,882

72,223

NET CURRENT ASSETS

570,201

585,633

TOTAL ASSETS LESS CURRENT LIABILITIES

570,919

586,591

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

570,819

586,491

SHAREHOLDERS' FUNDS

570,919

586,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 November 2018 and were signed by:

Mr P J Symonds - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover represents net invoiced sales of goods and services excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2017

and 28 February 2018

2,194

DEPRECIATION

At 1 March 2017

1,236

Charge for year

240

At 28 February 2018

1,476

NET BOOK VALUE

At 28 February 2018

718

At 28 February 2017

958

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

10,265

9,414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other creditors

69,882

72,223

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is a loan from the director.

8.	ULTIMATE CONTROLLING PARTY