REGISTERED NUMBER: SC307569 (Scotland)

Quarch Technology Limited

Financial Statements For The Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M P Dearman

Mr A M Norrie

Mr M Pasquali

REGISTERED OFFICE:

Unit 7

Dalfaber Industrial Estate

Aviemore

Inverness-shire

PH22 1ST

REGISTERED NUMBER:

SC307569 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

The Royal Bank of Scotland

Elgin Branch

Cartsdyke Avenue

Cartsburn East

Greenock

PA15 1EF

FIXED ASSETS

Tangible assets

4

86,926

19,140

CURRENT ASSETS

Stocks

795,163

768,332

Debtors

5

493,749

656,490

Cash at bank

1,344,750

1,133,773

2,633,662

2,558,595

CREDITORS

Amounts falling due within one year

6

210,766

221,275

NET CURRENT ASSETS

2,422,896

2,337,320

TOTAL ASSETS LESS CURRENT LIABILITIES

2,509,822

2,356,460

CAPITAL AND RESERVES

Called up share capital

7

210

210

Share premium

8

197,150

197,150

Retained earnings

8

2,312,462

2,159,100

2,509,822

2,356,460

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 13 May 2026 and were signed on its behalf by:

Mr A M Norrie - Director

1.	STATUTORY INFORMATION

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

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

33% on cost and 25% on cost

Stocks

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

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 22 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

196,863

7,786

52,902

257,551

Additions

95,771

1,016

15,983

112,770

Disposals

-

-

(1,623

)

(1,623

)

At 31 December 2025

292,634

8,802

67,262

368,698

DEPRECIATION

At 1 January 2025

186,052

6,503

45,856

238,411

Charge for year

33,119

742

11,123

44,984

Eliminated on disposal

-

-

(1,623

)

(1,623

)

At 31 December 2025

219,171

7,245

55,356

281,772

NET BOOK VALUE

At 31 December 2025

73,463

1,557

11,906

86,926

At 31 December 2024

10,811

1,283

7,046

19,140

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

359,754

548,619

Other debtors

133,995

107,871

493,749

656,490

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

1,119

-

Trade creditors

50,757

79,739

Taxation and social security

146,674

132,579

Other creditors

12,216

8,957

210,766

221,275

7.	CALLED UP SHARE CAPITAL

Number

Class

Nominal Value

31.12.25

31.12.24

69300

A Ordinary

0.002

139

139

29700

B Ordinary

0.002

59

59

700

C Ordinary

0.002

1

1

300

D Ordinary

0.002

1

1

5057

E Ordinary

0.002

10

10

210

210

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2025

2,159,100

197,150

2,356,250

Profit for the year

301,676

301,676

Dividends

(148,314

)

(148,314

)

At 31 December 2025

2,312,462

197,150

2,509,612

9.	CAPITAL COMMITMENTS

31.12.25

31.12.24

£

£

Contracted but not provided for in the

financial statements

51,333

-

10.	RELATED PARTY DISCLOSURES

During the year the company rented a property from a connected party, Nordman Property Ltd. Rent of £77,000 was paid during the year (2024 - £102,667). As at 31 December 2025 Quarch Technology Limited owed Nordman Property Ltd £7,700.