Quince and Clover Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11186126

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,657		37,270

			21,657		37,270
CURRENT ASSETS
Stocks	5	4,000		4,000
Debtors	6	179,046		53,287
Cash at bank and in hand		19,582		12,170

		202,628		69,457
Creditors: Amounts Falling Due Within One Year	7	(142,605 )		(69,089 )

NET CURRENT ASSETS (LIABILITIES)			60,023		368

TOTAL ASSETS LESS CURRENT LIABILITIES			81,680		37,638

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,839 )		(9,318 )

NET ASSETS			76,841		28,320

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			76,840		28,319

SHAREHOLDERS' FUNDS			76,841		28,320

Page 1

Page 2

Quince and Clover Ltd.

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Daniel Mann

Director

19/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Quince and Clover Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11186126 . The registered office is Unit 4, Willows Gate Stoke Lyne Road, Stratton Audley, Bicester, Oxfordshire, OX27 9AU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Quince and Clover Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2025: 16)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	93,588	25,677	2,793	122,058
Additions	6,503	-	1,200	7,703
Disposals	(53,900 )	-	-	(53,900 )

As at 28 February 2026	46,191	25,677	3,993	75,861

Depreciation
As at 1 March 2025	63,616	18,860	2,312	84,788
Provided during the period	8,497	1,704	324	10,525
Disposals	(41,109 )	-	-	(41,109 )

As at 28 February 2026	31,004	20,564	2,636	54,204

Net Book Value
As at 28 February 2026	15,187	5,113	1,357	21,657

As at 1 March 2025	29,972	6,817	481	37,270

5. Stocks

	2026	2025
	£	£
Finished goods	4,000	4,000

Page 4

Page 5

Quince and Clover Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	19,396	101
Rent deposit	1,432	1,432
Related Party debtors	158,218	51,754

	179,046	53,287

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	6,395	6,983
Corporation tax	1,009	7,279
Other taxes and social security	6,389	152
VAT	30,099	3,948
Net wages	-	114
Accruals and deferred income	57,020	49,559
Director's loan account	41,693	1,054

	142,605	69,089

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

During the year, the company made purchases totaling £412 (2025: £13,755) and sales totaling £114,782 (2025: £22,931) with a company under common control of the Director.

At the end of the year, the company was owed £158,219 (2025: £51,754) by companies under the common control of the Director.

Page 5