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Company No: 11900678 (England and Wales)

5TH QUADRANT LTD

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

5TH QUADRANT LTD

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

5TH QUADRANT LTD

COMPANY INFORMATION

For the financial year ended 30 September 2024
5TH QUADRANT LTD

COMPANY INFORMATION (continued)

For the financial year ended 30 September 2024
DIRECTOR S K Henderson
REGISTERED OFFICE 22 Chancery Lane
C/O Dixon Wilson
London
WC2A 1LS
United Kingdom
COMPANY NUMBER 11900678 (England and Wales)
5TH QUADRANT LTD

BALANCE SHEET

As at 30 September 2024
5TH QUADRANT LTD

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 4,070 5,464
Investments 4 2,708,564 2,012,172
2,712,634 2,017,636
Current assets
Debtors 5 35,693 0
Cash at bank and in hand 60,607 178,270
96,300 178,270
Creditors: amounts falling due within one year 6 ( 146,944) ( 148,764)
Net current (liabilities)/assets (50,644) 29,506
Total assets less current liabilities 2,661,990 2,047,142
Provision for liabilities ( 124,106) ( 41,908)
Net assets 2,537,884 2,005,234
Capital and reserves
Called-up share capital 10 10
Profit and loss account 2,537,874 2,005,224
Total shareholder's funds 2,537,884 2,005,234

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of 5th Quadrant Ltd (registered number: 11900678) were approved and authorised for issue by the Director on 29 May 2025. They were signed on its behalf by:

S K Henderson
Director
5TH QUADRANT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
5TH QUADRANT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

5th Quadrant Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, C/O Dixon Wilson, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts chargeable in respect of the sale of services to customers. Income is recognised in the period in which services are provided.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including the director 2 2

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 October 2023 7,879 7,879
Additions 2,016 2,016
Disposals ( 3,447) ( 3,447)
At 30 September 2024 6,448 6,448
Accumulated depreciation
At 01 October 2023 2,415 2,415
Charge for the financial year 1,006 1,006
Disposals ( 1,043) ( 1,043)
At 30 September 2024 2,378 2,378
Net book value
At 30 September 2024 4,070 4,070
At 30 September 2023 5,464 5,464

4. Fixed asset investments

Listed investments Other investments Total
£ £ £
Cost or valuation before impairment
At 01 October 2023 2,012,172 0 2,012,172
Additions 228,879 138,721 367,600
Movement in fair value 328,792 0 328,792
At 30 September 2024 2,569,843 138,721 2,708,564
Carrying value at 30 September 2024 2,569,843 138,721 2,708,564
Carrying value at 30 September 2023 2,012,172 0 2,012,172

5. Debtors

2024 2023
£ £
Trade debtors 516 0
Other debtors 35,177 0
35,693 0

6. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 136,284 145,807
Other creditors 10,660 2,957
146,944 148,764