Company Registration No. 04551561 (England and Wales)
Q ENTERPRISES UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Q ENTERPRISES UK LIMITED
CONTENTS
Page
Company information
Balance sheet
2
Notes to the financial statements
3 - 6
Detailed trading and profit and loss account
Q ENTERPRISES UK LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF Q ENTERPRISES UK LIMITED
- 1 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 July 2025.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Grineaux Accountants Limited
20 Market Hill
Southam
Warwickshire
CV47 0HF
26 March 2026
Q ENTERPRISES UK LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,660,430
3,667,902
Current assets
Debtors
4
1,665
82,504
Cash at bank and in hand
16,314
9,219
17,979
91,723
Creditors: amounts falling due within one year
5
(240,538)
(232,892)
Net current liabilities
(222,559)
(141,169)
Total assets less current liabilities
3,437,871
3,526,733
Creditors: amounts falling due after more than one year
6
(500,000)
(800,000)
Net assets
2,937,871
2,726,733
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
2,937,869
2,726,731
Total equity
2,937,871
2,726,733

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 26 March 2026
Mr Andrew Smith
Director
Company Registration No. 04551561
Q ENTERPRISES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

Q Enterprises UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Longfield Road, Sydenham Industrial Estate, Leamington Spa, Warwickshire, CV31 1XB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

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 financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
None provided
Plant and equipment
15% reducing balance
Fixtures and fittings
15% reducing balance
Office equipment
Straight line over three years

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.

No depreciation has been provided in relation to the freehold properties as the director is of the opinion it would substantially under value these assets.

1.3
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.4
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 current liabilities.

Q ENTERPRISES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.9
Retirement benefits

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

1.10
Leases

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 leased asset and recognised on a straight line basis over the lease term.

Q ENTERPRISES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Office equipment
Total
£
£
£
£
£
Cost
At 1 August 2024
3,622,978
169,201
75,224
36,030
3,903,433
Disposals
-
0
(1,517)
-
0
-
0
(1,517)
At 31 July 2025
3,622,978
167,684
75,224
36,030
3,901,916
Depreciation and impairment
At 1 August 2024
-
0
133,045
66,458
36,028
235,531
Depreciation charged in the year
-
0
5,743
1,315
-
0
7,058
Eliminated in respect of disposals
-
0
(1,103)
-
0
-
0
(1,103)
At 31 July 2025
-
0
137,685
67,773
36,028
241,486
Carrying amount
At 31 July 2025
3,622,978
29,999
7,451
2
3,660,430
At 31 July 2024
3,622,978
36,156
8,766
2
3,667,902
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
295
81,087
Other debtors
1,370
1,417
1,665
82,504
Q ENTERPRISES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
100,000
100,000
Trade creditors
94
40
Corporation tax
72,599
65,050
Other taxation and social security
15,043
15,802
Other creditors
52,802
52,000
240,538
232,892
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
500,000
800,000
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