Quartz Business Media Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06894834

Quartz Business Media Limited

Filleted Unaudited Financial Statements

30 September 2025

Quartz Business Media Limited

Financial Statements

Year ended 30 September 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Quartz Business Media Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6	5,484	8,146
Investments	7	211,209	211,209
		---------	---------
		216,693	219,355

Current assets

Debtors	8	2,301,843	2,240,343
Cash at bank and in hand		1,713,451	1,315,012
		------------	------------
		4,015,294	3,555,355

Creditors: amounts falling due within one year	9	3,196,676		2,766,552
		------------		------------
Net current assets			818,618		788,803
			------------		------------
Total assets less current liabilities			1,035,311		1,008,158
			------------		------------
Net assets			1,035,311		1,008,158
			------------		------------

Capital and reserves

Called up share capital	10	125	125
Profit and loss account		1,035,186	1,008,033
		------------	------------
Shareholders funds		1,035,311	1,008,158
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Quartz Business Media Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 29 April 2026 , and are signed on behalf of the board by:

P R Michael

Director

Company registration number: 06894834

Quartz Business Media Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Quartz House, 20 Clarendon Road, Redhill, Surrey, RH1 1QX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Exhibition turnover represents the invoice value of space sold and other revenue received in respect of exhibitions held during the year excluding VAT. Turnover is recognised when an exhibition is completed. Invoicing and cash received in advance on future exhibitions is deferred until the exhibitions have taken place. Invoicing and cash received deferred at the balance sheet date is included in creditors. Publishing turnover represents amounts receivable by the company in respect of services provided or advertisements placed in its publications during the year excluding VAT. Turnover from publishing is recognised on publication. Tax Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income. Goodwill Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its estimated useful life of 4 years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

	Goodwill & Intellectual Property Rights	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Property	-	20% straight line
Fixtures, Fittings & Equipment	-	20% straight line
Computer Equipment	-	33% or 50% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 49 (2024: 46 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 October 2024 and 30 September 2025	400,000
	---------
Amortisation
At 1 October 2024 and 30 September 2025	400,000
	---------
Carrying amount
At 30 September 2025	–
	---------
At 30 September 2024	–
	---------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 October 2024	69,817	139,744	184,548	394,109
Additions	–	–	2,985	2,985
	--------	---------	---------	---------
At 30 September 2025	69,817	139,744	187,533	397,094
	--------	---------	---------	---------
Depreciation
At 1 October 2024	69,817	139,744	176,402	385,963
Charge for the year	–	–	5,647	5,647
	--------	---------	---------	---------
At 30 September 2025	69,817	139,744	182,049	391,610
	--------	---------	---------	---------
Carrying amount
At 30 September 2025	–	–	5,484	5,484
	--------	---------	---------	---------
At 30 September 2024	–	–	8,146	8,146
	--------	---------	---------	---------

7. Investments

	Shares in participating interests
	£
Cost
At 1 October 2024 and 30 September 2025	211,209
	---------
Impairment
At 1 October 2024 and 30 September 2025	–
	---------

Carrying amount
At 30 September 2025	211,209
	---------
At 30 September 2024	211,209
	---------

8. Debtors

	2025	2024
	£	£
Trade debtors	2,063,055	1,732,382
Other debtors	238,788	507,961
	------------	------------
	2,301,843	2,240,343
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	4,344	4,218
	-------	-------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	427,758	506,520
Social security and other taxes	92,475	108,402
Other creditors	2,676,443	2,151,630
	------------	------------
	3,196,676	2,766,552
	------------	------------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.01 each	12,500	125	12,500	125
	--------	----	--------	----

11. Other financial commitments

The company had total commitments at the balance sheet date of £ 18,633 (2024 - £ 25,409 ).