REGISTERED NUMBER: 14544836 (England and Wales)

QUANTUM FIREWORKS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2026

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

5

FIXED ASSETS

Intangible assets

4

35,000

40,000

CURRENT ASSETS

Stocks

95,974

151,497

Debtors

5

51,213

6,999

Cash at bank

83,922

67,367

231,109

225,863

CREDITORS

Amounts falling due within one year

6

(247,745

)

(251,074

)

NET CURRENT LIABILITIES

(16,636

)

(25,211

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,364

14,789

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,264

14,689

18,364

14,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

Mr N J Claydon - Director

1.	STATUTORY INFORMATION

Quantum Fireworks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14544836

Registered office:

6th Floor King's House

9-10 Haymarket

London

SW1Y 4BP

For the purposes of presentation the financial statements have been rounded to the nearest 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are measured at amortised costs.

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 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

50,000

AMORTISATION

At 1 February 2025

10,000

Charge for year

5,000

At 31 January 2026

15,000

NET BOOK VALUE

At 31 January 2026

35,000

At 31 January 2025

40,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

10,065

4,601

Amounts owed by related undertakings

7,906

-

Other debtors

100

100

Deferred tax asset

Accelerated capital allowances

2,233

-

Prepayments and accrued income

30,909

2,298

51,213

6,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,711

-

Amounts owed to related undertakings

150,000

75,000

Corporation tax

725

3,501

Other taxes and social security

94,129

96,573

Directors' current accounts

-

75,000

Accruals and deferred income

1,180

1,000

247,745

251,074

7.	RELATED PARTY DISCLOSURES

Trafalgar Group Trading Ltd

At the year end, a balance was due to Trafalgar Group Trading Ltd of £75,000 (2025: £75,000).

This amount is unsecured, interest-free and repayable on demand.

Dynamic Fireworks Limited

At the year end, a balance was due from Dynamic Fireworks Limited of £7,906 (2025: £Nil).

This amount is unsecured, interest-free and is subject to standard credit terms.

Dynamic Property Investments Limited

At the year end, a balance was due to Dynamic Property Investments Limited of £75,000 (2025: £Nil).

This amount is unsecured, interest-free and repayable on demand.