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Registered number: 15115807
Quarta Energy Ltd
Unaudited Financial Statements
For the Period 1 January 2026 to 30 June 2026
Quarta Energy Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Quarta Energy Ltd
Balance Sheet
As At 30 June 2026
Balance Sheet
Registered number: 15115807

| 30 June 2026 | 31 December 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | - |  | 237,772
Tangible Assets | 5 |  | - |  | 4,345
Investments | 6 |  | - |  | 502
|  |  | - |  | 242,619
CURRENT ASSETS
Debtors | 8 | - |  | 949 |
Cash at bank and in hand |  | 17,040 |  | 16,083 |
|  | 17,040 |  | 17,032 |
Creditors: Amounts Falling Due Within One Year | 9 | (180 ) |  | (5,250 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 16,860 |  | 11,782
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 16,860 |  | 254,401
Creditors: Amounts Falling Due After More Than One Year | 10 |  | - |  | (574,978 )
NET ASSETS/(LIABILITIES) |  |  | 16,860 |  | (320,577 )
CAPITAL AND RESERVES
Called up share capital | 11 |  | 1,224 |  | 1,224
Profit and Loss Account |  |  | 15,636 |  | (321,801 )
SHAREHOLDERS' FUNDS |  |  | 16,860 |  | (320,577)

Page 1
Page 2
Quarta Energy Ltd
Balance Sheet (continued)
As At 30 June 2026
For the period ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have 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 Ion Suruceanu Director
11/08/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Quarta Energy Ltd
Notes to the Financial Statements
For the Period 1 January 2026 to 30 June 2026
Notes to the Financial Statements
1. General Information
Quarta Energy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15115807 . The registered office is 3 Claverton Road, West Saltford, Bristol, BS31 3AJ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
In assessing whether the going concern assumption is appropriate, the directors have considered all available information about the future, which is at least, but is not limited to, 12 months from the date when the financial statements are authorised for issue.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the company website development. It is amortised to profit and loss account over its estimated economic life of five years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their expected useful economic lives, which is currently 5 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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% Straight Line
Computer Equipment | 25% Straight Line

2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
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Quarta Energy Ltd
Notes to the Financial Statements (continued)
For the Period 1 January 2026 to 30 June 2026
2.8. 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.
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 reflect 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 and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2025: 2)
- 2
4. Intangible Assets

| Other | Development Costs | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2026 | 48,848 | 252,524 | 301,372
As at 30 June 2026 | 48,848 | 252,524 | 301,372
Amortisation
As at 1 January 2026 | 17,304 | 46,296 | 63,600
Impairment losses | 31,544 | 206,228 | 237,772
As at 30 June 2026 | 48,848 | 252,524 | 301,372
Net Book Value
As at 30 June 2026 | - | - | -
As at 1 January 2026 | 31,544 | 206,228 | 237,772

Page 4
Page 5
Quarta Energy Ltd
Notes to the Financial Statements (continued)
For the Period 1 January 2026 to 30 June 2026
5. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2026 | 3,385 | 3,468 | 6,853
Disposals | (3,385 ) | (3,468 ) | (6,853 )
As at 30 June 2026 | - | - | -
Depreciation
As at 1 January 2026 | 917 | 1,591 | 2,508
Disposals | (917 ) | (1,591 ) | (2,508 )
As at 30 June 2026 | - | - | -
Net Book Value
As at 30 June 2026 | - | - | -
As at 1 January 2026 | 2,468 | 1,877 | 4,345

6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2026 | 502
Disposals | (502 )
As at 30 June 2026 | -
Provision
As at 1 January 2026 | -
As at 30 June 2026 | -
Net Book Value
As at 30 June 2026 | -
As at 1 January 2026 | 502

The investment represents a 100% shareholding in Quarta Development SRL (QD) a Moldovan company.
7. Stocks

| 30 June 2026 |  | 31 December 2025
--- | --- | --- | ---
| £ |  | £

Page 5
Page 6
Quarta Energy Ltd
Notes to the Financial Statements (continued)
For the Period 1 January 2026 to 30 June 2026
8. Debtors

| 30 June 2026 |  | 31 December 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | - |  | 289
VAT | - |  | 658
Director's loan account | - |  | 2
| - |  | 949

9. Creditors: Amounts Falling Due Within One Year

| 30 June 2026 |  | 31 December 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 159
Other taxes and social security | - |  | 11
Net wages | - |  | 1,076
Accruals and deferred income | 180 |  | 1,004
Director's loan account | - |  | 3,000
| 180 |  | 5,250

10. Creditors: Amounts Falling Due After More Than One Year

| 30 June 2026 |  | 31 December 2025
--- | --- | --- | ---
| £ |  | £
Other creditors | - |  | 574,978

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