Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2 2025-01-01 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false Manufacture of computers and peripheral equipment 2 true true false 15439250 2025-01-01 2025-12-31 15439250 2024-01-24 2024-12-31 15439250 2025-12-31 15439250 2024-12-31 15439250 c:Director1 2025-01-01 2025-12-31 15439250 d:CurrentFinancialInstruments 2025-12-31 15439250 d:CurrentFinancialInstruments 2024-12-31 15439250 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 15439250 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15439250 d:RetainedEarningsAccumulatedLosses 2025-12-31 15439250 d:RetainedEarningsAccumulatedLosses 2024-12-31 15439250 d:OtherDeferredTax 2025-12-31 15439250 d:OtherDeferredTax 2024-12-31 15439250 c:OrdinaryShareClass1 2025-01-01 2025-12-31 15439250 c:OrdinaryShareClass1 2025-12-31 15439250 c:OrdinaryShareClass1 2024-12-31 15439250 c:FRS102 2025-01-01 2025-12-31 15439250 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 15439250 c:FullAccounts 2025-01-01 2025-12-31 15439250 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 15439250 2 2025-01-01 2025-12-31 15439250 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15439250 QUIX QUANTUM LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
QUIX QUANTUM LTD REGISTERED NUMBER: 15439250 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 40,394 |  | 74,680 |
Cash at bank and in hand |  | 38,655 |  | - |
|  | 79,049 |  | 74,680 |
Creditors: amounts falling due within one year | 5 | (125,316) |  | (94,863) |
NET CURRENT LIABILITIES |  |  | (46,267) |  | (20,183)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (46,267) |  | (20,183)
NET LIABILITIES |  |  | (46,267) |  | (20,183)
CAPITAL AND RESERVES |  |  |  |  |
Profit and loss account |  |  | (46,267) |  | (20,183)
|  |  | (46,267) |  | (20,183)
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 July 2026.
S Hengesbach
Director
The notes on pages 2 to 5 form part of these financial statements. Page 1
QUIX QUANTUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | GENERAL INFORMATION
Quix Quantum Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office address is Cannon Place, 78 Cannon Street, United Kingdom, EC4N 6AF. The Company's functional and presentational currency is GBP. 2.ACCOUNTING POLICIES
| 2.1 | BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | GOING CONCERN
The Company had net liabilities of £46,267 as at 31 December 2025 (2024 - £20,183). The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive financial support from its holidng Company to provide sufficient funds to enable it to meet its liabilities as they fall due.
| 2.3 | FOREIGN CURRENCY TRANSLATION
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.4 | INTEREST INCOME
Interest income is recognised in profit or loss using the effective interest method. Page 2
QUIX QUANTUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.5 | FINANCE COSTS
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.6 | PENSIONS
DEFINED CONTRIBUTION PENSION PLAN The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | CURRENT AND DEFERRED TAXATION
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.8 | DEBTORS
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 3
QUIX QUANTUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.9 | CASH AND CASH EQUIVALENTS
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | CREDITORS
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 36,673 | 73,346
| Other debtors | 794 | 1,169
| Prepayments and accrued income | 2,900 | -
| Deferred taxation | 27 | 165
|  | 40,394 | 74,680
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 552 | -
| Amounts owed to group undertakings | 119,618 | 91,416
| Other taxation and social security | 2,579 | -
| Other creditors | 257 | 1,247
| Accruals and deferred income | 2,310 | 2,200
|  | 125,316 | 94,863
| Included within other creditors are amounts due to the defined contribution pension scheme of £257 (2024 - £1,247).
Page 4
QUIX QUANTUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | DEFERRED TAXATION
|  | 2025
|  | £
| At beginning of year | 165
| Charged to profit or loss | (138)
| AT END OF YEAR | 27
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Short term timing difference | 27 | 165
|  | 27 | 165
7. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 1 (2024 - 1) Ordinary share of £0.01 | 0.01 | 0.01
Page 5