Silverfin false 09 April 2026 09 April 2026 Justin Sherwood Ernst & Young 58,040 100,527 false true 31/08/2025 01/01/2025 31/08/2025 QSC EMEA GMBH 31/12/2025 30/11/2017 Duncan Savage 01/02/2026 Robert Sherry 01/05/2024 09 April 2026 The Company provides sales, marketing, and administrative support services to group entities under a cost-plus arrangement. 11089443 2025-08-31 11089443 bus:Director1 2025-08-31 11089443 bus:Director2 2025-08-31 11089443 bus:Director3 2025-08-31 11089443 2024-12-31 11089443 core:CurrentFinancialInstruments 2025-08-31 11089443 core:CurrentFinancialInstruments 2024-12-31 11089443 core:ShareCapital 2025-08-31 11089443 core:ShareCapital 2024-12-31 11089443 core:RetainedEarningsAccumulatedLosses 2025-08-31 11089443 core:RetainedEarningsAccumulatedLosses 2024-12-31 11089443 core:LeaseholdImprovements 2024-12-31 11089443 core:FurnitureFittings 2024-12-31 11089443 core:OfficeEquipment 2024-12-31 11089443 core:ComputerEquipment 2024-12-31 11089443 core:LeaseholdImprovements 2025-08-31 11089443 core:FurnitureFittings 2025-08-31 11089443 core:OfficeEquipment 2025-08-31 11089443 core:ComputerEquipment 2025-08-31 11089443 core:DeferredTaxation 2025-08-31 11089443 core:DeferredTaxation 2024-12-31 11089443 core:OtherProvisionsContingentLiabilities 2025-08-31 11089443 core:OtherProvisionsContingentLiabilities 2024-12-31 11089443 2023-12-31 11089443 core:AcceleratedTaxDepreciationDeferredTax 2025-08-31 11089443 core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 11089443 bus:OrdinaryShareClass1 2025-08-31 11089443 2025-01-01 2025-08-31 11089443 bus:FilletedAccounts 2025-01-01 2025-08-31 11089443 bus:SmallEntities 2025-01-01 2025-08-31 11089443 bus:Audited 2025-01-01 2025-08-31 11089443 2024-01-01 2024-12-31 11089443 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-08-31 11089443 bus:Director1 2025-01-01 2025-08-31 11089443 bus:Director2 2025-01-01 2025-08-31 11089443 bus:Director3 2025-01-01 2025-08-31 11089443 core:FurnitureFittings core:TopRangeValue 2025-01-01 2025-08-31 11089443 core:OfficeEquipment core:TopRangeValue 2025-01-01 2025-08-31 11089443 core:ComputerEquipment core:TopRangeValue 2025-01-01 2025-08-31 11089443 core:LeaseholdImprovements 2025-01-01 2025-08-31 11089443 core:FurnitureFittings 2025-01-01 2025-08-31 11089443 core:OfficeEquipment 2025-01-01 2025-08-31 11089443 core:ComputerEquipment 2025-01-01 2025-08-31 11089443 bus:OrdinaryShareClass1 2025-01-01 2025-08-31 11089443 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11089443 1 2025-01-01 2025-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11089443 (England and Wales)

# QSC UK & IRELAND LIMITED

### Financial Statements
For the financial period from 01 January 2025 to 31 August 2025
Pages for filing with the registrar

QSC UK & IRELAND LIMITED

## Financial Statements

For the financial period from 01 January 2025 to 31 August 2025

Contents

QSC UK & IRELAND LIMITED

## COMPANY INFORMATION

For the financial period from 01 January 2025 to 31 August 2025
QSC UK & IRELAND LIMITED

## COMPANY INFORMATION (continued)

For the financial period from 01 January 2025 to 31 August 2025

DIRECTORS | QSC EMEA GMBH (Resigned 31 December 2025)
| Duncan Savage (Appointed 01 February 2026)
| Robert Sherry

REGISTERED OFFICE | Marine House
| Thorpe Lea Road
| Egham
| TW20 8BF
| United Kingdom

COMPANY NUMBER | 11089443 (England and Wales)

AUDITOR | Ernst & Young
| Chartered Accountants
| Statutory Auditor
| City Quarter
| Lapps Quay
| Cork
| Ireland

QSC UK & IRELAND LIMITED

## BALANCE SHEET

As at 31 August 2025
QSC UK & IRELAND LIMITED

## BALANCE SHEET (continued)

As at 31 August 2025

| Note | 31.08.2025 |  | 31.12.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 544,075 |  | 625,757
|  | 544,075 |  | 625,757
Current assets |  |  |  |
Debtors | 4 | 443,579 |  | 94,690
Cash at bank and in hand | 5 | 654,260 |  | 540,139
|  | 1,097,839 |  | 634,829
Creditors: amounts falling due within one year | 6 | ( 953,691) |  | ( 607,968)
Net current assets |  | 144,148 |  | 26,861
Total assets less current liabilities |  | 688,223 |  | 652,618
Provision for liabilities | 7, 8 | ( 186,738) |  | ( 209,173)
Net assets |  | 501,485 |  | 443,445
Capital and reserves |  |  |  |
Called-up share capital | 9 | 25,000 |  | 25,000
Profit and loss account |  | 476,485 |  | 418,445
Total shareholders' funds |  | 501,485 |  | 443,445

The notes on pages 4 to 11 form part of these financial statements.

The 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 Statement of Comprehensive Income has not been delivered.

The financial statements of QSC UK & Ireland Limited (registered number: 11089443) were approved and authorised for issue by the Board of Directors on 09 April 2026. They were signed on its behalf by:

Robert Sherry Director |

QSC UK & IRELAND LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 January 2025 to 31 August 2025
QSC UK & IRELAND LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 January 2025 to 31 August 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

QSC UK & Ireland 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 Marine House, Thorpe Lea Road, Egham, TW20 8BF, United Kingdom.
The reporting period has been shortened covering the 8-month period from 1 January 2025 to 31 August 2025 as a result of a group restructure in January 2025. The change in accounting reference date brings the Company's year-end in line with the rest of the group. Therefore the amounts presented are not entirely comparable.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of QSC UK & Ireland Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are the individual financial statements of the Company.

##### Going concern

The financial statements have been prepared on a going concern basis.
A fellow subsidiary, QSC EMEA GmbH, has confirmed they will continue to provide operational and financial support to the Company for a period of at least 12 months from the date of approval of these financial statements in line with its services agreement. This confirmation has been evidenced in writing. Whilst there is no indication that the services agreement with QSC EMEA GmbH will be terminated or assistance from this entity would be withdrawn for any reason, in practical terms the Company cannot obligate QSC EMEA GmbH to continue to provide this support should they so desire to remove it.
The directors have considered the obligations of the Company due within the foreseeable future, being a period of at least 12 months from the signing of these financial statements together with the support letter received.
Having assessed the position of QSC EMEA GmbH, the directors have a reasonable expectation that this support will be forthcoming as required and the directors have a reasonable expectation that the Company has adequate resources and support to continue in operational existence for the foreseeable future, being a period of no less than 12 months from the date of approval of these financial statements. Accordingly, the directors have prepared the financial statements on the going concern basis.

##### Foreign currency

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

##### Turnover

Turnover comprises service fee income from providing sales, marketing and administrative support services to fellow group undertakings under intercompany service agreements on a cost-plus basis. Turnover is recognised over time as the services are rendered, measured as costs incurred plus the contractual mark-up, and is stated net of VAT and other sales taxes.

##### Taxation

Current tax
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
The company has applied the amendment to FRS 102 on the mandatory temporary exception to recognising and disclosing information about deferred tax assets and liabilities that are related to tax law enacted or substantively enacted to implement the Pillar Two model rules published by the Organisation for Economic Co-operation and Development (OECD).

##### 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 basis over its expected useful life, as follows:

Leasehold improvements | depreciated over the life of the lease
Fixtures and fittings | 5 years straight line
Office equipment | 3 years straight line
Computer equipment | 5 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 paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

##### Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the Company becomes a party to the contractual provisions of the instrument. Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.
Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

#### 2. Employees

| Period from 01.01.2025 to 31.08.2025 |  | Year ended 31.12.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the period, including directors | 25 |  | 22

#### 3. Tangible assets

| Leasehold improve- ments |  | Fixtures and fittings |  | Office equipment |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 January 2025 | 440,625 |  | 205,094 |  | 154,768 |  | 84,582 |  | 885,069
Additions | 5,779 |  | 12,144 |  | 4,299 |  | 6,484 |  | 28,706
Disposals | 0 |  | 0 |  | ( 9,105) |  | 0 |  | ( 9,105)
At 31 August 2025 | 446,404 |  | 217,238 |  | 149,962 |  | 91,066 |  | 904,670
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 January 2025 | 76,186 |  | 92,264 |  | 50,491 |  | 40,371 |  | 259,312
Charge for the financial period | 29,666 |  | 31,926 |  | 30,447 |  | 11,501 |  | 103,540
Disposals | 0 |  | 0 |  | ( 2,257) |  | 0 |  | ( 2,257)
At 31 August 2025 | 105,852 |  | 124,190 |  | 78,681 |  | 51,872 |  | 360,595
Net book value |  |  |  |  |  |  |  |  |
At 31 August 2025 | 340,552 |  | 93,048 |  | 71,281 |  | 39,194 |  | 544,075
At 31 December 2024 | 364,439 |  | 112,830 |  | 104,277 |  | 44,211 |  | 625,757

#### 4. Debtors

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Trade debtors | 0 |  | 3,067
Amounts owed by Group undertakings | 314,275 |  | 18,213
Prepayments | 116,220 |  | 61,076
Other debtors | 13,084 |  | 12,334
| 443,579 |  | 94,690

#### 5. Cash and cash equivalents

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Cash at bank and in hand | 654,260 |  | 540,139

#### 6. Creditors: amounts falling due within one year

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Trade creditors | 97,856 |  | 36,403
Accruals and deferred income | 675,445 |  | 464,716
Corporation tax | 112,870 |  | 38,653
Other taxation and social security | 47,485 |  | 45,970
Other creditors | 20,035 |  | 22,226
| 953,691 |  | 607,968

#### 7. Provision for liabilities

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Deferred tax | 62,568 |  | 85,003
Other provisions | 124,170 |  | 124,170
| 186,738 |  | 209,173

Other provisions consists of a dilapidations accrual, currently held against the premises in which the company utilises for business purposes. There has been no movement during the period, and the balance remains the same, with no changes.

#### 8. Deferred tax

| 31.08.2025 |  | 31.12.2024
| £ |  | £
At the beginning of financial period/year | ( 85,003) |  | ( 70,861)
Credited/(charged) to the Profit and Loss Account | 22,435 |  | ( 14,142)
At the end of financial period/year | ( 62,568) |  | ( 85,003)

The deferred taxation balance is made up as follows:

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Accelerated capital allowances | ( 62,568) |  | ( 85,003)

On 20 June 2023, Finance (No.2) Act 2023 was substantively enacted in the UK, introducing the Pillar Two global minimum effective tax rate of 15%. The legislation implements a domestic top-up tax and a multinational top-up tax, effective for accounting periods starting on or after 31 December 2023.
Under the legislation, the group will be required to pay, in the UK, top-up tax on profits of its subsidiaries that are taxed at a Pillar Two effective tax rate of less than 15%.
An assessment of any potential Pillar Two tax exposure for FY25 has been performed by the Acuity group, based on country-by-country reporting principles and financial statements information. Based on that information, the UK is expected to meet the conditions of the transitional safe harbours such that no top-up tax arises. The group is continuing to assess the impact of the Pillar Two income taxes legislation and related updates on its future financial performance.

#### 9. Called-up share capital

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
25,000 Common Stock ordinary shares of £ 1.00 each | 25,000 |  | 25,000

#### 10. Financial commitments

Commitments

| 31.08.2025 |  | 31.12.2024
| £ |  | £
Total future minimum lease payments under non-cancellable operating leases | 1,866,025 |  | 1,866,025

#### 11. Related party transactions

The Company has taken advantage of the exemptions available under FRS 102 Section 33.1A and as a result has not disclosed within these financial statements details of transactions with other group undertakings during the period.

#### 12. Commitments under operating leases

Capital Commitments

The company had no capital commitments at the end of the year.

#### 13. Audit Opinion

The auditor's report on the accounts for the financial period ended 31 August 2025 was unqualified.

The audit report was signed by Justin Sherwood on behalf of Ernst & Young, Chartered Accountants.

#### 14. Ultimate controlling party

The immediate parent company is QSC LLC, a company registered in the United States with registered office 1675 MacArthur Blvd, Costa Mesa, California 92626, United States.
The ultimate controlling party, and the entity preparing consolidated financial statements in which the company is included, is Acuity Brands, Inc, an entity registered in the United States. Acuity Brands, Inc's registered office is 251 Little Falls Drive, Wilmington, Delaware, 19808, United States.