IRIS Accounts Production v25.1.4.42 02885355 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028853552023-11-30028853552024-11-30028853552023-12-012024-11-30028853552022-11-30028853552022-12-012023-11-30028853552023-11-3002885355ns15:EnglandWales2023-12-012024-11-3002885355ns14:PoundSterling2023-12-012024-11-3002885355ns10:Director12023-12-012024-11-3002885355ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3002885355ns10:SmallEntities2023-12-012024-11-3002885355ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3002885355ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3002885355ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3002885355ns10:FullAccounts2023-12-012024-11-3002885355ns10:Director22023-12-012024-11-3002885355ns10:RegisteredOffice2023-12-012024-11-3002885355ns5:CurrentFinancialInstruments2024-11-3002885355ns5:CurrentFinancialInstruments2023-11-3002885355ns5:Non-currentFinancialInstruments2024-11-3002885355ns5:Non-currentFinancialInstruments2023-11-3002885355ns5:ShareCapital2024-11-3002885355ns5:ShareCapital2023-11-3002885355ns5:RetainedEarningsAccumulatedLosses2024-11-3002885355ns5:RetainedEarningsAccumulatedLosses2023-11-3002885355ns5:PlantMachinery2023-12-012024-11-3002885355ns5:FurnitureFittings2023-12-012024-11-3002885355ns5:MotorVehicles2023-12-012024-11-3002885355ns5:ComputerEquipment2023-12-012024-11-3002885355ns5:PlantMachinery2023-11-3002885355ns5:FurnitureFittings2023-11-3002885355ns5:MotorVehicles2023-11-3002885355ns5:ComputerEquipment2023-11-3002885355ns5:PlantMachinery2024-11-3002885355ns5:FurnitureFittings2024-11-3002885355ns5:MotorVehicles2024-11-3002885355ns5:ComputerEquipment2024-11-3002885355ns5:PlantMachinery2023-11-3002885355ns5:FurnitureFittings2023-11-3002885355ns5:MotorVehicles2023-11-3002885355ns5:ComputerEquipment2023-11-3002885355ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3002885355ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3002885355ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-11-3002885355ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-11-3002885355ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-11-3002885355ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-11-3002885355ns5:HirePurchaseContracts2024-11-3002885355ns5:HirePurchaseContracts2023-11-3002885355ns5:WithinOneYear2024-11-3002885355ns5:WithinOneYear2023-11-3002885355ns5:BetweenOneFiveYears2024-11-3002885355ns5:BetweenOneFiveYears2023-11-3002885355ns5:AllPeriods2024-11-3002885355ns5:AllPeriods2023-11-3002885355ns5:Secured2024-11-3002885355ns5:Secured2023-11-30
REGISTERED NUMBER: 02885355 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

QUATTRO DISPLAY LIMITED

QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


QUATTRO DISPLAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: A Blizzard
S Green





REGISTERED OFFICE: 59 Padgets Lane
South Moons Moat
Redditch
Worcestershire
B98 0RD





REGISTERED NUMBER: 02885355 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 349,697 103,889

CURRENT ASSETS
Stocks 14,000 14,000
Debtors 5 113,206 137,169
Cash at bank and in hand 190,083 300,373
317,289 451,542
CREDITORS
Amounts falling due within one year 6 326,944 297,946
NET CURRENT (LIABILITIES)/ASSETS (9,655 ) 153,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

340,042

257,485

CREDITORS
Amounts falling due after more than one
year

7

(187,657

)

(116,667

)

PROVISIONS FOR LIABILITIES (60,622 ) (22,277 )
NET ASSETS 91,763 118,541

CAPITAL AND RESERVES
Called up share capital 4,002 4,002
Retained earnings 87,761 114,539
SHAREHOLDERS' FUNDS 91,763 118,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:





A Blizzard - Director


QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Quattro Display 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis. The directors have confirmed that in their opinion the Company will have adequate cash resources available to finance its trading and meet its obligations for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 55,766 34,559 257,561 37,611 385,497
Additions 50,900 - 254,690 - 305,590
Disposals - - (20,630 ) - (20,630 )
At 30 November 2024 106,666 34,559 491,621 37,611 670,457
DEPRECIATION
At 1 December 2023 44,097 28,633 171,538 37,340 281,608
Charge for year 3,528 1,185 53,676 238 58,627
Eliminated on disposal - - (19,475 ) - (19,475 )
At 30 November 2024 47,625 29,818 205,739 37,578 320,760
NET BOOK VALUE
At 30 November 2024 59,041 4,741 285,882 33 349,697
At 30 November 2023 11,669 5,926 86,023 271 103,889

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 70,875 106,516
Amounts owed by group undertakings 10,072 9,333
Other debtors 32,259 21,320
113,206 137,169

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 50,000 50,000
Hire purchase contracts (see note 8) 50,910 -
Trade creditors 95,445 89,288
Taxation and social security 51,259 82,253
Other creditors 79,330 76,405
326,944 297,946

QUATTRO DISPLAY LIMITED (REGISTERED NUMBER: 02885355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 66,666 116,667
Hire purchase contracts (see note 8) 120,991 -
187,657 116,667

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 50,910 -
Between one and five years 120,991 -
171,901 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 106,500 106,500
Between one and five years 123,500 230,000
230,000 336,500

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 116,666 166,667

HSBC Bank PLC holds a fixed and floating charge over all undertakings of the company, including the freehold property held in the name of the parent undertaking Quattro Display Holdings Ltd.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors and shareholders of Quattro Display Holdings Limited.

Quattro Display Holdings Limited (incorporated in the UK) is the parent company and 100% shareholder of Quattro Display Limited.

The registered office of Quattro Display Holdings Limited is 59 Padgets Lane South Moons Moat, Redditch, Worcestershire, B98 0RD.