Company Registration No. 11735802 (England and Wales)
Cyber Quarter Limited
Unaudited accounts
for the year ended 31 July 2025
Cyber Quarter Limited
Unaudited accounts
Contents
Cyber Quarter Limited
Company Information
for the year ended 31 July 2025
Company Number
11735802 (England and Wales)
Registered Office
Herefordshire Council
County Offices
Plough Lane
Hereford
Herefordshire
HR4 0LE
England
Cyber Quarter Limited
Statement of financial position
as at 31 July 2025
Tangible assets
2,691,356
4,104,611
Creditors: amounts falling due within one year
(470,415)
(20,553)
Net current liabilities
(389,548)
(3,065)
Total assets less current liabilities
2,301,808
4,101,546
Creditors: amounts falling due after more than one year
(4,962,007)
(4,681,580)
Net liabilities
(2,660,199)
(580,034)
Called up share capital
100
100
Profit and loss account
(2,660,299)
(580,134)
Shareholders' funds
(2,660,199)
(580,034)
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 April 2026 and were signed on its behalf by
Roger Allonby
Director
Company Registration No. 11735802
Cyber Quarter Limited
Notes to the Accounts
for the year ended 31 July 2025
Cyber Quarter Limited is a private company, limited by shares, registered in England and Wales, registration number 11735802. The registered office is Herefordshire Council, County Offices, Plough Lane, Hereford, Herefordshire, HR4 0LE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4-7 years
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
4,000,000
340,495
4,340,495
Revaluations
(1,350,000)
-
(1,350,000)
At 31 July 2025
2,650,000
340,495
2,990,495
At 1 August 2024
-
235,884
235,884
Charge for the year
80,000
63,255
143,255
Surplus on revaluation
(80,000)
-
(80,000)
At 31 July 2025
-
299,139
299,139
At 31 July 2025
2,650,000
41,356
2,691,356
At 31 July 2024
4,000,000
104,611
4,104,611
Cyber Quarter Limited
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Trade debtors
11,697
9,002
Accrued income and prepayments
62,530
8,486
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
333,830
-
Amounts owed to group undertakings and other participating interests
-
2,325
Other creditors
4,889
2,094
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
4,962,007
4,681,580
Aggregate of amounts that fall due for payment after five years
4,480,414
4,199,987
The loan is repayable over 30 years. Interest is fixed at 5.99%,
8
Transactions with related parties
During the year ended 31 July 2025, the company purchased/incurred £26,155 (2024: £88,538) of services/charges from Herefordshire Council and made sales of £26,155 to Herefordshire Council (2024: £0). The company owed £5,050,854 (2024: £4,683,905) to Herefordshire Council at the year end. The amount owed relates to a loan and amounts owed for services/goods provided in the year.
The company is now a wholly owned subsidiary of Herefordshire Council. The Council acquired the University of Wolverhampton's 81% shareholding in July 2024. The registered office of the parent company is: Herefordshire Council, Plough Lane, Hereford, Herefordshire HR4 0LE
10
Average number of employees
During the year the average number of employees was 1 (2024: 3).