Company Registration Number 12045599 (England and Wales)
QUARTZ ASSOCIATES TECHNOLOGIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2020
PAGES FOR FILING WITH REGISTRAR
QUARTZ ASSOCIATES TECHNOLOGIES LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF QUARTZ ASSOCIATES TECHNOLOGIES LIMITED FOR THE PERIOD ENDED 30 SEPTEMBER 2020
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Quartz Associates Technologies Limited for the period ended 30 September 2020 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the
b
oard of
d
irectors of Quartz Associates Technologies Limited, as a body, in accordance with the terms of our engagement letter dated 8 November 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Quartz Associates Technologies Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of Quartz Associates Technologies Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quartz Associates Technologies Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that Quartz Associates Technologies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss
of Quartz Associates Technologies Limited. You consider that Quartz Associates Technologies Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Quartz Associates Technologies Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Humphrey & Co
10 June 2021
Chartered Accountants
Curtis House
34 Third Avenue
Hove
BN3 2PD
QUARTZ ASSOCIATES TECHNOLOGIES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2020
30 September 2020
- 2 -
2020
£
£
Current assets
139,502
Creditors: amounts falling due within one year
(405,223)
Net current liabilities
(265,721)
Accruals and deferred income
(3,000)
Net liabilities
(268,721)
Capital and reserves
(268,721)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At the Balance Sheet date, the company was committed to making annual lease payments of £7,200 over the next 3 years in respect of a leasehold property.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the period wa
s as follows:
2020
Number
Employees
2
Quartz Associates Technologies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Curtis House, 34 Third Avenue, Hove, BN3 2PD.
For the period ended 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
QUARTZ ASSOCIATES TECHNOLOGIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2020
30 September 2020
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 10 June 2021 and are signed on its behalf by:
Mr S R Heidari-Robinson
Director
Company Registration Number 12045599