REGISTERED NUMBER: 05679789 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Quartet Research Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S M O'Callaghan

REGISTERED OFFICE:

Lewis House

Great Chesterford Court

Great Chesterford

Essex

CB10 1PF

REGISTERED NUMBER:

05679789 (England and Wales)

FIXED ASSETS

Tangible assets

5

3,733

2,980

Investments

6

318,950

291,000

322,683

293,980

CURRENT ASSETS

Debtors

7

16,029

10,498

Cash at bank

15,812

36,564

31,841

47,062

CREDITORS

Amounts falling due within one year

8

7,227

19,360

NET CURRENT ASSETS

24,614

27,702

TOTAL ASSETS LESS CURRENT LIABILITIES

347,297

321,682

PROVISIONS FOR LIABILITIES

2,220

566

NET ASSETS

345,077

321,116

CAPITAL AND RESERVES

Called up share capital

10

10

Other reserves

6,439

-

Retained earnings

338,628

321,106

SHAREHOLDERS' FUNDS

345,077

321,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 September 2026 and were signed by:

Mr S M O'Callaghan - Director

1.	STATUTORY INFORMATION

Quartet Research Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is adjusted for payments received in advance where services are not carried out until after the year end.

Tangible fixed assets

Depreciation has been provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

8,933

Additions

1,998

At 31 March 2026

10,931

DEPRECIATION

At 1 April 2025

5,953

Charge for year

1,245

At 31 March 2026

7,198

NET BOOK VALUE

At 31 March 2026

3,733

At 31 March 2025

2,980

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

291,000

Additions

160,000

Disposals

(140,000

)

Revaluations

7,950

At 31 March 2026

318,950

NET BOOK VALUE

At 31 March 2026

318,950

At 31 March 2025

291,000

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2026

7,950

Cost

311,000

318,950

If other investments had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

311,000

291,000

Other investments were valued on an open market basis on 31 March 2026 by Rathbones .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

2,748

Other debtors

16,029

7,750

16,029

10,498

Included within other debtors disclosed above is a balance of £14,366 (2025 - £6,391) in relation to prepayments, a balance of £1,663 (2025 - £Nil) in relation to PAYE, and accrued income and a balance of £Nil (2025 - £1,359) in relation to directors loan accounts.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

488

-

Taxation and social security

5,238

17,860

Other creditors

1,501

1,500

7,227

19,360

Included within other creditors disclosed above is a balance of £1,501 (2025 - £1,500) in relation to accruals.