QUARTZ OF LONDON LTD

QUARTZ OF LONDON LTD
Contents Page
For the year ended 28 May 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

QUARTZ OF LONDON LTD Accountants' Report For the year ended 28 May 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 28 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Edgware Associates 28 May 2025 .................................................... Edgware Associates Liberty House 30 Whitchurch Lane Edgware HA8 6LE 29 October 2025 1

QUARTZ OF LONDON LTD
Accountants' Report
For the year ended 28 May 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 28 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Edgware Associates
28 May 2025

....................................................

Edgware Associates
Liberty House
30 Whitchurch Lane
Edgware
HA8 6LE
29 October 2025

1

QUARTZ OF LONDON LTD
Statement of Financial Position
As at 28 May 2025

	Notes	2025 £
Fixed assets
Intangible fixed assets	3	46,625
Tangible fixed assets	4	1,996
		48,621
Current assets
Debtors		16,857
Creditors: amount falling due within one year		(350)
Net current assets		16,507

Total assets less current liabilities		65,128
Creditors: amount falling due after more than one year		(49,502)
Net assets		15,626

Capital and reserves
Called up share capital		100
Profit and loss account		15,526
Shareholders' funds		15,626

For the year ended 28 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 29 October 2025 and were signed by:

-------------------------------
Viorica GABUREA
Director

2

QUARTZ OF LONDON LTD
Notes to the Abridged Financial Statements
For the year ended 28 May 2025

General Information

QUARTZ OF LONDON LTD is a private company, limited by shares, registered in , registration number 10908916, registration address 20 BALLARDS LANE, LONDON ENGLAND, N3 2BJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	18% Reducing Balance
Fixtures and Fittings	18% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 0.

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 29 May 2024	5,000	5,000
Additions	45,000	45,000
Disposals	-	-
At 28 May 2025	50,000	50,000
Amortisation
At 29 May 2024	3,375	3,375
Charge for year	-	-
On disposals	-	-
At 28 May 2025	3,375	3,375
Net book values
At 28 May 2025	46,625	46,625
At 28 May 2024	1,625	1,625

4.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Land and Buildings	Total
	£	£	£
At 29 May 2024	65,558	7,490	73,048
Additions	-	-	-
Disposals	(39,723)	-	(39,723)
At 28 May 2025	25,835	7,490	33,325
Depreciation
At 29 May 2024	25,835	5,056	30,891
Charge for year	-	438	438
On disposals	-	-	-
At 28 May 2025	25,835	5,494	31,329
Net book values
Closing balance as at 28 May 2025	-	1,996	1,996
Opening balance as at 29 May 2024	39,723	2,434	42,157

3

Registered Number: 10908916

QUARTZ OF LONDON LTD

Abridged Accounts

Period of accounts Start date: 29 May 2024 End date: 28 May 2025