QUANTCAST LIMITED

Company Registration Number:
07213079 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

QUANTCAST LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

QUANTCAST LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Quantcast Corporation and its subsidiaries uses data and algorithms to create more relevant display advertising experiences for consumers. Quantcast Limited (UK) is a provider of administrative and marketing services for other entities of the group. The company also engages in research and development services.

Political and charitable donations

No political donations were made during the year.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Grant Matchett
Konrad Feldman


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
19 May 2025

And signed on behalf of the board by:
Name: Grant Matchett
Status: Director

QUANTCAST LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 18,593,697 22,015,067
Cost of sales: ( 16,673,007 ) ( 20,021,558 )
Gross profit(or loss): 1,920,690 1,993,509
Operating profit(or loss): 1,920,690 1,993,509
Profit(or loss) before tax: 1,920,690 1,993,509
Tax: ( 708,830 ) ( 555,541 )
Profit(or loss) for the financial year: 1,211,860 1,437,968

QUANTCAST LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 228,167 307,647
Total fixed assets: 228,167 307,647
Current assets
Debtors: 4 25,886,542 24,966,529
Cash at bank and in hand: 344,763 407,605
Total current assets: 26,231,305 25,374,134
Creditors: amounts falling due within one year: 5 ( 12,079,235 ) ( 13,059,435 )
Net current assets (liabilities): 14,152,070 12,314,699
Total assets less current liabilities: 14,380,237 12,622,346
Creditors: amounts falling due after more than one year: 6 ( 293,660 ) ( 210,027 )
Total net assets (liabilities): 14,086,577 12,412,319
Capital and reserves
Called up share capital: 100 100
Other reserves: 9,501,489 9,039,091
Profit and loss account: 4,584,988 3,373,128
Total Shareholders' funds: 14,086,577 12,412,319

The notes form part of these financial statements

QUANTCAST LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 May 2025
and signed on behalf of the board by:

Name: Grant Matchett
Status: Director

The notes form part of these financial statements

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts charged to other companies of the group under a sales and marketing agreement, excluding value added tax. Turnover is recognised when chargeable costs are incurred.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are recorded at historical cost less accumulated depreciation. Cost comprises the purchase price and any costs directly attributable to bringing the asset to its working condition and location for its intended use. Depreciation is provided at the following annual rates in order to write down the cost of each asset to its estimated residual value over its estimated useful life: Computer equipment 3 years on the straight-line basis Leasehold improvements over the term of lease Fixtures and fittings 3 years on the straight-line basis

    Other accounting policies

    Basis of preparation The company’s financial statements are prepared on a going concern basis, under the historical cost convention, as modified by the recognition of certain financial assets and liabilities measured at fair value. The preparation of financial statements in conformity with FRS 102 requires the use of certain key assumptions concerning the future, and other key sources of estimation uncertainty at the end of the financial year. It also requires the directors to exercise its judgement in the process of applying the company’s accounting policies. The areas involving a higher degree of judgement or areas where assumptions and estimates have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are disclosed in note 4.

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 101 101

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 605,392 578,875 1,141,388 2,325,655
Additions 28,162 28,162
Disposals
Revaluations
Transfers
At 31 December 2023 633,554 578,875 1,141,388 2,353,817
Depreciation
At 1 January 2023 528,161 578,875 910,972 2,018,008
Charge for year 51,952 55,690 107,642
On disposals
Other adjustments
At 31 December 2023 580,113 578,875 966,662 2,125,650
Net book value
At 31 December 2023 53,441 0 174,726 228,167
At 31 December 2022 77,231 0 230,416 307,647

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 24,261,323 23,558,126
Prepayments and accrued income 339,978 190,492
Other debtors 1,285,241 1,217,911
Total 25,886,542 24,966,529

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 187,164 96,585
Taxation and social security 1,158,232 876,126
Accruals and deferred income 1,772,768 3,124,774
Other creditors 8,961,071 8,961,950
Total 12,079,235 13,059,435

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 293,660 210,027
Total 293,660 210,027

QUANTCAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Financial Commitments

Operating Lease Commitments