REGISTERED NUMBER: 14242716 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

QUADRATIKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs U Wadhwani

REGISTERED OFFICE:

12/18 Hoxton Street

London

N1 6NG

REGISTERED NUMBER:

14242716 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Investment property

4

10,400,000

10,899,445

CURRENT ASSETS

Debtors

5

47,000

56,701

Cash at bank

160,105

178,514

207,105

235,215

CREDITORS

Amounts falling due within one year

6

1,462,569

861,192

NET CURRENT LIABILITIES

(1,255,464

)

(625,977

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,144,536

10,273,468

CREDITORS

Amounts falling due after more than one year

7

11,155,500

11,255,393

NET LIABILITIES

(2,010,964

)

(981,925

)

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

(499,445

)

-

Retained earnings

(1,511,619

)

(982,025

)

(2,010,964

)

(981,925

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2026 and were signed by:

Mrs U Wadhwani - Director

1.	STATUTORY INFORMATION

Quadratiks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the company's net current liabilities position as at the year end. The director of the company has provided with an undertaking that they will continue to support financially for the foreseeable future and that they will not seek repayment of the amounts currently owing to them in the twelve months from the date of signing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

10,899,445

Impairments

(499,445

)

At 31 July 2025

10,400,000

NET BOOK VALUE

At 31 July 2025

10,400,000

At 31 July 2024

10,899,445

Fair value at 31 July 2025 is represented by:

£

Valuation in 2025

10,400,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

47,000

47,000

Other debtors

-

9,701

47,000

56,701

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

9,701

Taxation and social security

15,665

23,270

Other creditors

1,446,904

828,221

1,462,569

861,192

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,360,000

5,460,000

Other creditors

5,795,500

5,795,393

11,155,500

11,255,393

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

5,360,000

5,460,000

5,360,000

5,460,000

The bank loan is secured by way of fixed and floating charges over the assets of the company.

8.	RELATED PARTY DISCLOSURES

Included within creditors more than one year as at year end is £5,795,393 (2024: £5,795,393), an amount owed to the director of the company. The amount owed is repayable in full in the year 2032. Interest at the rate of 4% per annum above the Bank of England base rate is payable on this loan.

9.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Axis Investment Trading Limited, a company registered in British Virgin Islands. The director consider Axis Investment Trading Limited to be the ultimate controlling party.