Quartz Investments LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC384961

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		625		782
Investment Properties	5		4,506,685		4,745,617

			4,507,310		4,746,399
CURRENT ASSETS
Debtors	6	144,742		103,512
Cash at bank and in hand		135,068		87,257

		279,810		190,769
Creditors: Amounts Falling Due Within One Year	7	(412,247 )		(367,745 )

NET CURRENT ASSETS (LIABILITIES)			(132,437 )		(176,976 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,374,873		4,569,423

Creditors: Amounts Falling Due After More Than One Year	8		(1,189,821 )		(1,293,672 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			3,185,052		3,275,751

REPRESENTED BY:
Loans and other debts due to members
Other amounts		636,903		972,787

			636,903		972,787

Equity
Members' other interests
Members' capital		2,341,464		2,302,964
Other reserves		206,685		-

			2,548,149		2,302,964

			3,185,052		3,275,751

TOTAL MEMBERS' INTEREST
Amounts due from members			(32,863)		-

...CONTINUED

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Quartz Investments LLP

Balance Sheet (continued)

As At 31 March 2025

Loans and other debts due to members	636,903	972,787
Members' other interests	2,548,149	2,302,964

	3,152,189	3,275,751

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr T G Haslam

Designated Member

09/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Quartz Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC384961 . The Registered Office is 13 The Courtyard, Timothys Bridge Rd, Stratford, Warwickshire, CV37 9NP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% on reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

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Quartz Investments LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery
	£
Cost or Valuation
As at 1 April 2024	1,618

As at 31 March 2025	1,618

Depreciation
As at 1 April 2024	836
Provided during the period	157

As at 31 March 2025	993

Net Book Value
As at 31 March 2025	625

As at 1 April 2024	782

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	4,745,617
Additions	6,685
Revaluations	(245,617)

As at 31 March 2025	4,506,685

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	105,175	89,932
Other debtors	39,567	13,580

	144,742	103,512

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Quartz Investments LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,036	20,283
Bank loans and overdrafts	202,787	231,047
Other creditors	184,491	113,082
Taxation and social security	21,933	3,333

	412,247	367,745

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,189,821	1,293,672

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