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Registration number: 06011790

Quadzilla Limited
Annual Report and Financial Statements
for the Year Ended 30 September 2025

Quadzilla Limited

Contents

Company Information | 1
Strategic Report | 2
Director's Report | 3
Statement of Director's Responsibilities | 4
Independent Auditor's Report | 5 to 7
Profit and Loss Account and Statement of Retained Earnings | 8
Balance Sheet | 9
Statement of Cash Flows | 10
Notes to the Financial Statements | 11 to 20

Quadzilla Limited

Company Information

Director | H M Hinkley

Company secretary | M Lee

Registered office | Lodge Farm, Tetford Road High Toynton Lincolnshire LN9 6NR

Auditors | Forrester Boyd Limited Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ

Quadzilla Limited

Strategic Report for the Year Ended 30 September 2025

The Director presents the strategic report for the year ended 30 September 2025.

Principal activity

The principal activity of the Company continues to be the importation and wholesale distribution of all-terrain vehicles.

Fair review of the business

I aim to present a balanced and comprehensive review of the development and performance of the business during the period and its position at the period end.
My review is consistent with the size and non-complex nature of our business and is written in the context of the risks and uncertainities I face.
In 2025, the Company broadened its product offering to include a motorcycle range. This extension of activities is expected to contribute to revenue growth and may support improved margins over time through more efficient utilisation of existing infrastructure and the potential benefits of economies of scale.
The Company has also increased its average number of employees during the period in order to support its operational requirements and planned development.
The Company’s financial performance for the year remained satisfactory, reflecting the Directors’ continued focus on operational efficiency and disciplined cost management.
Financial performance during the year demonstrated continued strength and resilience, reflecting our focused approach and strategic realignment.

The Company's key financial and other performance indicators during the year were as follows:

Financial KPIs | Unit | 2025 | 2024
Turnover | £ | 19,819,615 | 15,205,927
Gross profit margin | % | 22.8 | 25.9
Profit before tax | £ | 3,102,026 | 2,676,625

Principal risks and uncertainties

The Company operates within an environment that continues to present a variety of risks and uncertainties. Among these, global economic uncertainty remains a significant concern, potentially affecting consumer confidence and demand for all-terrain vehicles. Additionally, the UK's broader economic strategy and ongoing adjustments in farming policy may directly influence our core customer segments.
Currency fluctuations also represent a substantial area of risk, given our reliance on international supply chains and imports. Moreover, recent volatility within the banking sector could impact financial stability and credit availability, both for our Company and for our dealers and distributors.
Furthermore, the market saturation and competitive offerings from other industry players require continual innovation and market responsiveness to maintain our position and growth trajectory. The Director remains mindful of these risks, proactively managing them through prudent financial management and strategic planning.

Approved and authorised by the director on 8 June 2026

......................................... H M Hinkley Director

Quadzilla Limited

Director's Report for the Year Ended 30 September 2025

The report and the financial statements for the year ended 30 September 2025.

Director of the Company

The Director who held office during the year was as follows:

H M Hinkley

Financial instruments

Objectives and policies

The overall objective of the directors is to ensure that the business is profitable and stable and will continue to be successful for the benefit of the shareholders and employees.

Price risk, credit risk, liquidity risk and cash flow risk

The business' principle financial instruments comprise bank balances, bank overdrafts, trade debtors and trade creditors. The main purpose of these instruments is to finance the business' operations.
In respect of bank balances, the liquidity risk is managed by maintaining a balance between the continuity of funding and flexibility through the use of overdrafts at floating rates of interest.
Trade debtors are managed in respect of credit and cash flow risk by policies concerning the credit offered to customers and the regular monitoring of amounts outstanding for both time and credit limits. The amounts presented in the balance sheet are net of allowances for doubtful debtors.
Trade creditors' liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.

Disclosure of information to the auditors

The Director has taken steps that ought to have taken as a Director in order to make aware of any relevant audit information and to establish that the Company's auditors are aware of that information. The Director confirms that there is no relevant information that of and of which the auditors are unaware.

Approved and authorised by the director on 8 June 2026

......................................... H M Hinkley Director

Quadzilla Limited

Statement of Director's Responsibilities

The responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Director to prepare financial statements for each financial year. Under that law the Director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Director must not approve the financial statements unless satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the Director is required to:

• | select suitable accounting policies and apply them consistently;

• | make judgements and accounting estimates that are reasonable and prudent;

• | state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The Director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable to ensure that the financial statements comply with the Companies Act 2006. also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Quadzilla Limited

Independent Auditor's Report to the Members of Quadzilla Limited

Opinion

We have audited the financial statements of Quadzilla Limited (the 'Company') for the year ended 30 September 2025, which comprise the Profit and Loss Account and Statement of Retained Earnings, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• | give a true and fair view of the state of the Company's affairs as at 30 September 2025 and of its profit for the year then ended;
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
• | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the Director with respect to going concern are described in the relevant sections of this report.

Other information

The Director is responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• | the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• | the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Director's Report.

Quadzilla Limited

Independent Auditor's Report to the Members of Quadzilla Limited

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
• | the financial statements are not in agreement with the accounting records and returns; or
• | certain disclosures of Director's remuneration specified by law are not made; or
• | we have not received all the information and explanations we require for our audit.

Responsibilities of the Director

As explained more fully in the Statement of Director's Responsibilities [set out on page 4], the Director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Director is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Director either intends to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- testing management override controls including journal testing and review accounting estimates for
reasonableness
- enquiries of management of actual and potential litigation claims
- enquiries of management including fraud and associated risks
- discussions with management, including consideration of known or suspected instances of non-compliance
- testing focussing on the area of the financial statements most suspectible to material error including completeness
of income to ensure correct matching of revenue and costs.
Because of inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from events and transactions reflected in
the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,
forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the Company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Quadzilla Limited

Independent Auditor's Report to the Members of Quadzilla Limited

......................................
Adam Millson ACA (Senior Statutory Auditor)
For and on behalf of Forrester Boyd Limited, Statutory Auditor
Waynflete House
139 Eastgate
Louth
Lincolnshire
LN11 9QQ

8 June 2026

Quadzilla Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 September 2025

| Note | 2025 £ | 2024 £
Turnover | 3 | 19,819,615 | 15,205,927
Cost of sales |  | (15,310,330) | (11,262,708)
Gross profit |  | 4,509,285 | 3,943,219
Administrative expenses |  | (1,659,705) | (1,256,516)
Other operating income |  | 2,272 | -
Operating profit | 4 | 2,851,852 | 2,686,703
Other interest receivable and similar income | 6 | 822 | 8,365
Interest payable and similar charges | 7 | 249,352 | (18,443)
|  | 250,174 | (10,078)
Profit before tax |  | 3,102,026 | 2,676,625
Taxation | 11 | (787,891) | (679,411)
Profit for the financial year |  | 2,314,135 | 1,997,214
Retained earnings brought forward |  | 8,765,615 | 6,768,401
Retained earnings carried forward |  | 11,079,750 | 8,765,615

Quadzilla Limited

(Registration number: 06011790)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 12 | 54,022 | 838
Tangible assets | 13 | 1,350,376 | 1,322,498
|  | 1,404,398 | 1,323,336
Current assets |  |  |
Stocks | 14 | 3,986,807 | 2,656,967
Debtors | 15 | 9,211,731 | 4,548,981
Cash at bank and in hand |  | 1,826,037 | 1,818,760
|  | 15,024,575 | 9,024,708
Creditors: Amounts falling due within one year | 17 | (2,243,636) | (1,512,413)
Net current assets |  | 12,780,939 | 7,512,295
Total assets less current liabilities |  | 14,185,337 | 8,835,631
Creditors: Amounts falling due after more than one year | 17 | (3,028,143) | -
Provisions for liabilities | 19 | (77,344) | (69,916)
Net assets |  | 11,079,850 | 8,765,715
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 11,079,750 | 8,765,615
Shareholders' funds |  | 11,079,850 | 8,765,715

Approved and authorised by the director on 8 June 2026

......................................... H M Hinkley Director

Quadzilla Limited

Statement of Cash Flows for the Year Ended 30 September 2025

| Note | 2025 £ | 2024 £
Cash flows from operating activities
Profit for the year |  | 2,314,135 | 1,997,214
Adjustments to cash flows from non-cash items |  |  |
Depreciation and amortisation | 4 | 98,718 | 94,735
Profit on disposal of tangible assets |  | - | (4,380)
Finance income | 6 | (822) | (8,365)
Finance costs | 7 | 103,412 | 46,932
Income tax expense | 11 | 787,891 | 679,411
|  | 3,303,334 | 2,805,547
Working capital adjustments |  |  |
(Increase)/decrease in stocks | 14 | (1,329,840) | 817,763
Increase in trade debtors | 15 | (4,662,750) | (3,713,278)
Increase/(decrease) in trade creditors | 17 | 538,805 | (826)
Increase in deferred income, including government grants |  | 8,636 | -
Cash generated from operations |  | (2,141,815) | (90,794)
Income taxes paid | 11 | (1,024,789) | (697,076)
Net cash flow from operating activities |  | (3,166,604) | (787,870)
Cash flows from investing activities |  |  |
Interest received | 6 | 822 | 8,365
Acquisitions of tangible assets |  | (120,279) | (47,758)
Proceeds from sale of tangible assets |  | - | 58,250
Acquisition of intangible assets | 12 | (59,501) | -
Net cash flows from investing activities |  | (178,958) | 18,857
Cash flows from financing activities |  |  |
Interest paid | 7 | (103,412) | (46,932)
Proceeds from bank borrowing draw downs |  | 3,456,251 | -
Net cash flows from financing activities |  | 3,352,839 | (46,932)
Net increase/(decrease) in cash and cash equivalents |  | 7,277 | (815,945)
Cash and cash equivalents at 1 October |  | 1,818,760 | 2,634,705
Cash and cash equivalents at 30 September |  | 1,826,037 | 1,818,760

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

1 | General information

The Company is a private company limited by share capital, incorporated in England and Wales and the company registration number is 06011790.

The address of its registered office is:
Lodge Farm,
Tetford Road
High Toynton
Lincolnshire
LN9 6NR
United Kingdom

These financial statements were authorised for issue by the director on 8 June 2026.

These accounts cover the individual entity, Quadzilla Limited.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Government grants

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets as follows:

Asset class | Depreciation method and rate
Land | No depreciation is charged
Freehold property | 2% straight line basis
Leasehold property | 10% straight line basis
Plant & machinery | 15% reducing balance basis
Motor vehicles | 25% reducing balance basis
Equipment | 25% reducing balance basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Other intangible assets | 10% straight line basis
Website costs | 25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Finished stocks and raw materials are stated at the lower of cost and estimated selling price less costs to complete and sell whereby cost is valued at the last purchase price.

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Turnover

The analysis of the Company's Turnover for the year from continuing operations is as follows:

| 2025 £ | 2024 £
Sale of goods | 19,729,819 | 15,114,048
Haulage | 89,796 | 91,879
| 19,819,615 | 15,205,927

The analysis of the Company's Turnover for the year by market is as follows:

| 2025 £ | 2024 £
UK | 18,452,376 | 13,697,563
Europe | 1,367,239 | 1,508,364
| 19,819,615 | 15,205,927

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

4 | Operating profit

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 92,401 | 94,595
Amortisation expense | 6,317 | 140
Profit on disposal of property, plant and equipment | - | (4,380)

5 | Government grants

Grant received for the purchase of fixed assets.

The amount of grants recognised in the financial statements was £2,272 (2024 - £Nil).

6 | Other interest receivable and similar income

| 2025 £ | 2024 £
Interest income on bank deposits | 822 | 8,114
Other finance income | - | 251
| 822 | 8,365

7 | Interest payable and similar expenses

| 2025 £ | 2024 £
Interest on obligations under finance leases and hire purchase contracts | 78,200 | 46,932
Interest expense on other finance liabilities | 25,212 | -
Foreign exchange gains | (352,764) | (28,489)
| (249,352) | 18,443

8 | Staff costs

The aggregate payroll costs (including Director's remuneration) were as follows:

| 2025 £ | 2024 £
Wages and salaries | 506,715 | 433,362
Social security costs | 50,596 | 38,678
Pension costs, defined contribution scheme | 37,320 | 20,674
| 594,631 | 492,714

The average number of persons employed by the Company (including the Director) during the year, analysed by category was as follows:

| 2025 No. | 2024 No.
Administration and support | 16 | 15
| 16 | 15

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

9 | Director's remuneration

The Director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 61,685 | 48,519

10 | Auditors' remuneration

| 2025 £ | 2024 £
Audit of the financial statements | 4,200 | 4,000

11 | Taxation

Tax charged/(credited) in the profit and loss account

| 2025 £ | 2024 £
Current taxation |  |
UK corporation tax | 780,463 | 688,602
Deferred taxation |  |
Arising from origination and reversal of timing differences | 7,428 | (9,191)
Tax expense in the income statement | 787,891 | 679,411

The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2024 - lower than the standard rate of corporation tax in the UK) of 25% (2024 - 25%).
The differences are reconciled below:

| 2025 £ | 2024 £
Profit before tax | 3,102,026 | 2,676,625
Corporation tax at standard rate | 775,507 | 669,156
Decrease in UK and foreign current tax from adjustment for prior periods | - | (4,482)
Tax increase from effect of capital allowances and depreciation | 11,092 | 14,045
Effect of expense not deductible in determining taxable profit (tax loss) | 1,292 | 692
Total tax charge | 787,891 | 679,411

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Deferred tax

Deferred tax assets and liabilities

2025 | Liability £
Difference between accumulated depreciation and capital allowances | 80,455
Pension creditor | (3,111)
| 77,344

2024 | Liability £
Difference between accumulated depreciation and capital allowances | 70,482
Pension creditor | (566)
| 69,916

12 | Intangible assets

| Website costs £ | Other intangible assets £ | Total £
Cost or valuation
At 1 October 2024 | - | 1,398 | 1,398
Additions acquired separately | 58,502 | 999 | 59,501
At 30 September 2025 | 58,502 | 2,397 | 60,899
Amortisation
At 1 October 2024 | - | 560 | 560
Amortisation charge | 6,094 | 223 | 6,317
At 30 September 2025 | 6,094 | 783 | 6,877
Carrying amount
At 30 September 2025 | 52,408 | 1,614 | 54,022
At 30 September 2024 | - | 838 | 838

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

13 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 1,250,667 | 355,343 | 95,155 | 1,701,165
Additions | 11,214 | 93,065 | 16,000 | 120,279
At 30 September 2025 | 1,261,881 | 448,408 | 111,155 | 1,821,444
Depreciation
At 1 October 2024 | 137,211 | 160,837 | 80,619 | 378,667
Charge for the year | 47,487 | 39,280 | 5,634 | 92,401
At 30 September 2025 | 184,698 | 200,117 | 86,253 | 471,068
Carrying amount
At 30 September 2025 | 1,077,183 | 248,291 | 24,902 | 1,350,376
At 30 September 2024 | 1,113,456 | 194,506 | 14,536 | 1,322,498

Restriction on title and pledged as security

Land and buildings with a carrying amount of £1,077,183 (2024 - £Nil) has been pledged as security for bank loans.

Furniture, fittings and equipment with a carrying amount of £248,291 (2024 - £Nil) has been pledged as security for bank loans.

Motor vehicles with a carrying amount of £24,902 (2024 - £Nil) has been pledged as security for bank loans.

14 | Stocks

| 2025 £ | 2024 £
Other inventories | 3,986,807 | 2,656,967

15 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 1,385,698 | 1,037,568
Amounts owed by related parties | 22 | 7,487,250 | 3,237,250
Other debtors |  | 118,043 | 107,717
Prepayments and accrued income |  | 220,740 | 166,446
|  | 9,211,731 | 4,548,981

16 | Cash and cash equivalents

| 2025 £ | 2024 £
Cash on hand | 4 | 150
Cash at bank | 1,822,832 | 1,552,301
Short-term deposits | 3,201 | 266,309
| 1,826,037 | 1,818,760

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

17 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdraft | 18 | 435,449 | -
Trade creditors |  | 433,016 | 407,306
Social security and other taxes |  | 1,336,204 | 1,086,409
Outstanding defined contribution pension costs |  | 13,659 | 3,236
Other payables |  | 13,513 | 7,462
Accruals and deferred income |  | 11,795 | 8,000
|  | 2,243,636 | 1,512,413
Due after one year |  |  |
Loans and borrowings | 18 | 3,020,802 | -
Deferred income |  | 7,341 | -
|  | 3,028,143 | -

18 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,020,802 | -

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 435,449 | -

Creditor amounts falling due within one year on which security has been given includes bank loans of £435,449 (2024 - £nil).
Creditor amounts falling due after one year on which security has been given includes bank loans of £3,020,802 (2024 - £nil).
The bank loans are secured by charges over the company's assets.

Bank borrowings

HSBC bank loan is denominated in sterling with a nominal interest rate of 6%, and the final instalment is due on 12 August 2050. The carrying amount at year end is £1,085,000 (2024 - £Nil).
HSBC bank loan is denominated in sterling with a nominal interest rate of 6.5%, and the final instalment is due on 12 August 2030. The carrying amount at year end is £2,415,000 (2024 - £Nil).

Included in the loans and borrowings are the following amounts due after more than five years:

| 2025 £ | 2024 £
After more than five years by instalments | 964,722 | -

| - | -

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

19 | Provisions for liabilities

| Deferred tax £ | Total £
At 1 October 2024 | 69,916 | 69,916
Increase (decrease) in existing provisions | 7,428 | 7,428
At 30 September 2025 | 77,344 | 77,344

20 | Pension and other schemes

Defined contribution pension scheme

The Company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the Company to the scheme and amounted to £37,320 (2024 - £20,674).
Contributions totalling £13,659 (2024 - £3,236) were payable to the scheme at the end of the year and are included in creditors.

21 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Rights, preferences and restrictions

Ordinary shares have the following rights, preferences and restrictions: Normal voting and participation rights

22 | Related party transactions

Key management compensation

| 2025 £ | 2024 £
Salaries and other short term employee benefits | 61,685 | 48,519

Transactions with the Director

2025 | At 1 October 2024 £ | Advances to Director £ | At 30 September 2025 £
H M Hinkley
Director's interest free loan account - no formal repayment terms | 4,885 | 857 | 5,742

Quadzilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

2024 | At 1 October 2023 £ | At 30 September 2024 £
H M Hinkley
Director's interest free loan account - no formal repayment terms | 4,885 | 4,885

23 | Relationship between entity and parents

The parent of the largest group in which these financial statements are consolidated is Quadzilla Int Limited, incorporated in United Kingdom.