Company No: 03552709 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Ms. S. Brown
	Ms. K. Hindmarsh
	Mr. P. Hindmarsh
	Mr. S. Kern
	Mr. M. Sears

SECRETARY

Ms. K. Hindmarsh

REGISTERED OFFICE	73 Berwick Street
	London
	W1F 8TE
	United Kingdom

COMPANY NUMBER

03552709 (England and Wales)

ACCOUNTANT	Verallo
	Century House
	Wargrave Road
	Henley-on-Thames
	Oxfordshire
	United Kingdom
	RG9 2LT

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	128,105		141,855
Tangible assets	4	579,543		590,125
		707,648		731,980
Current assets
Debtors	5	684,294		620,563
Cash at bank and in hand		474,280		472,079
		1,158,574		1,092,642
Creditors: amounts falling due within one year	6	( 314,662)		( 273,712)
Net current assets		843,912		818,930
Total assets less current liabilities		1,551,560		1,550,910
Creditors: amounts falling due after more than one year	7	( 159,784)		( 185,514)
Provision for liabilities	8	( 8,795)		( 11,910)
Net assets		1,382,981		1,353,486
Capital and reserves
Called-up share capital	9	120		120
Share premium account		29,510		29,510
Profit and loss account		1,353,351		1,323,856
Total shareholders' funds		1,382,981		1,353,486

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Quadrant Design Limited (registered number: 03552709) were approved and authorised for issue by the Board of Directors on 10 December 2025. They were signed on its behalf by:

Mr. P. Hindmarsh Director

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

Quadrant Design Limited (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 73 Berwick Street, London, W1F 8TE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	20 years straight line
Other intangible assets	not amortised

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

Research and development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Tangible fixed assets

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

Land and buildings	not depreciated
Fixtures and fittings	4 years straight line
Office equipment	4 years straight line
Computer equipment	4 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.

Leases

The Company as lessee
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which the economic benefits from the leases asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the lease asset and recognised on a straight line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	21		17

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 01 May 2024	448,000		0		448,000
Additions	0		10,000		10,000
At 30 April 2025	448,000		10,000		458,000
Accumulated amortisation
At 01 May 2024	306,145		0		306,145
Charge for the financial year	22,400		0		22,400
Impairment losses	0		1,350		1,350
At 30 April 2025	328,545		1,350		329,895
Net book value
At 30 April 2025	119,455		8,650		128,105
At 30 April 2024	141,855		0		141,855

Revaluation of intangible assets

Intangible assets have been revalued and impaired in line with the fair value as at 30 April 2025. The gain/loss has been recognised within other comprehensive income.

	2025		2024
	£		£
Historical cost	10,000		0
Accumulated impairment loss	(1,350)		0
Carrying value	8,650		0

4. Tangible assets

	Land and buildings		Fixtures and fittings		Office equipment		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 May 2024	540,541		195,527		19,731		113,148		868,947
Additions	0		3,967		950		9,103		14,020
At 30 April 2025	540,541		199,494		20,681		122,251		882,967
Accumulated depreciation
At 01 May 2024	0		182,955		18,106		77,761		278,822
Charge for the financial year	0		6,090		859		17,653		24,602
At 30 April 2025	0		189,045		18,965		95,414		303,424
Net book value
At 30 April 2025	540,541		10,449		1,716		26,837		579,543
At 30 April 2024	540,541		12,572		1,625		35,387		590,125

5. Debtors

	2025		2024
	£		£
Trade debtors	534,052		527,432
Amounts owed by related parties	2,600		0
Other debtors	147,642		93,131
	684,294		620,563

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	33,177		26,264
Taxation and social security	214,747		192,688
Other creditors	66,738		54,760
	314,662		273,712

The aggregate amount of creditors for which security has been given amounted to £21,186 (2024 - £18,282).

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	159,784		185,514

The aggregate amount of creditors for which security has been given amounted to £159,874 (2024 - £185,514).

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 11,910)		( 15,737)
Credited to the Profit and Loss Account	3,115		3,827
At the end of financial year	( 8,795)		( 11,910)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
41 Ordinary A shares of £ 1.00 each	41		41
40 Ordinary B shares of £ 1.00 each	40		40
9 Ordinary C shares of £ 1.00 each	9		9
10 Ordinary D shares of £ 1.00 each	10		10
10 Ordinary E shares of £ 1.00 each	10		10
10 Ordinary F shares of £ 1.00 each	10		10
	120		120

10. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating lease	142,141		124,797