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# QUANTEDA INITIATIVE CIC

## Company limited by guarantee

## Company Registration Number:
11135166 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2025

## Period of accounts

## Start date: 1 January 2025

## End date: 31 December 2025

# QUANTEDA INITIATIVE CIC

## Contents of the Financial Statements

for the Period Ended 31 December 2025

Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# QUANTEDA INITIATIVE CIC

## Profit And Loss Account

for the Period Ended 31 December 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 614 | 0
Gross profit(or loss): | 614 | 0
Administrative expenses: | ( 2,165 ) | ( 2,150 )
Operating profit(or loss): | (1,551) | (2,150)
Profit(or loss) before tax: | (1,551) | (2,150)
Profit(or loss) for the financial year: | (1,551) | (2,150)

# QUANTEDA INITIATIVE CIC

## Balance sheet

As at 31 December 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Current assets
Cash at bank and in hand: |  | 433 | 1,424
Total current assets: |  | 433 | 1,424
Net current assets (liabilities): |  | 433 | 1,424
Total assets less current liabilities: |  | 433 | 1,424
Creditors: amounts falling due after more than one year: | 3 | ( 8,163 ) | ( 7,603 )
Total net assets (liabilities): |  | (7,730) | (6,179)
Members' funds
Profit and loss account: |  | (7,730) | ( 6,179)
Total members' funds: |  | ( 7,730) | (6,179)

The notes form part of these financial statements

# QUANTEDA INITIATIVE CIC

## Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act 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.

This report was approved by the board of directors on 1 January 2026
and signed on behalf of the board by:

Name: Kenneth BENOIT
Status: Director

The notes form part of these financial statements

# QUANTEDA INITIATIVE CIC

## Notes to the Financial Statements

for the Period Ended 31 December 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

# QUANTEDA INITIATIVE CIC

## Notes to the Financial Statements

for the Period Ended 31 December 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# QUANTEDA INITIATIVE CIC

## Notes to the Financial Statements

for the Period Ended 31 December 2025

## 3. Creditors: amounts falling due after more than one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 8,163 | 7,603
Total | 8,163 | 7,603

# COMMUNITY INTEREST ANNUAL REPORT

### QUANTEDA INITIATIVE CIC

### Company Number: 11135166 (England and Wales)

### Year Ending: 31 December 2025

Company activities and impact

The objects of the Company are to carry on activities which benefit the community of open source, text analysis software developers aimed at research and scientific analysis, especially those related to the open-source software library “quanteda” written for the R programming language, and related software, support services, and training and dissemination activities. The main activities in the past financial year related to holding a training event in Milan, although this was conducted via Zoom, and to promoting the open-source software supported by the company, through the website, blog posts, and social media. We also further developed our on-line tutorials. In April 2021 we also released v3 of the quanteda software library for R.

Consultation with stakeholders

The company’s stakeholders are the text analysis software development community and the users of the software that the Quanteda Initiative CIC supports. We have solicited their feedback following each training event, and solicited general feedback on the project through the projects feedback page on its open source software repository (GitHub).

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 January 2026

And signed on behalf of the board by:
Name: Kenneth BENOIT
Status: Director