Company registration number 01538605 (England and Wales)
INTERQUARTZ (UK) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INTERQUARTZ (UK) LIMITED
CONTENTS
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
INTERQUARTZ (UK) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
ASSETS
Current assets
Trade and other receivables
3
1
1
Total assets
1
1
EQUITY AND LIABILITIES
Equity
Called up share capital
4
1
1
Total equity and liabilities
1
1
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the income statement within the financial statements.
The financial statements were approved by the board of directors and authorised for issue on 30 September 2025 and are signed on its behalf by:
Mr S B Fenby
Director
Company registration number 01538605 (England and Wales)
INTERQUARTZ (UK) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
£
Balance at 1 January 2023
1
Year ended 31 December 2023:
Balance at 31 December 2023
1
Year ended 31 December 2024:
Balance at 31 December 2024
1
INTERQUARTZ (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information
Interquartz (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Midwich Limited, Vinces Road, Diss, IP22 4YT.
1.1
Accounting convention
The financial statements have been prepared in accordance with Financial Reporting Standard 101 Reduced Disclosure Framework (FRS 101) and in accordance with applicable accounting standards.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
As permitted by FRS 101, the company has taken advantage of the following disclosure exemptions from the requirements of IFRS:
the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;
the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to136 of IAS 1;
presentation of a statement of cash flows and related notes;
the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;
the requirements of paragraph 74(b) of IAS 16;
the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;
related party disclosures for transactions with the parent or wholly owned members of the group.
disclosure of the future impact of new International Financial Reporting Standards in issue but not yet effective at the reporting date.
1.2
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
0
0
3
Trade and other receivables
2024
2023
£
£
Amounts owed by fellow group undertakings
1
1
INTERQUARTZ (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
4
Share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
1
1
1
1
5
Controlling party
Midwich Group plc is the ultimate parent company. Midwich Group plc is incorporated in England and Wales and itsregistered office is Vinces Road, Diss, Norfolk, IP22 4YT.
Midwich Group plc, is the parent undertaking of the largest group which prepares publicly available consolidated financial statements for the year ended 31 December 2024. Copies of the consolidated financial statements may be obtained fromCompanies House.
6
Secured Debts
The Company is party to a composite agreement with its bankers. There is a fixed and floating charge registered in favour of HSBC Corporate Trustee Company (UK) Limited dated 3 January 2023, covering all the property of the undertaking of the Company.
The Company is party to a security accession deed with its bankers. There is a fixed and floating charge registered in favour of HSBC Corporate Trustee Company (UK) Limited dated 14 December 2022, covering all the property of the undertaking of the Company.