REGISTERED NUMBER: 09914591 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2025 TO 30 JUNE 2026

FOR

QUALITEX-AS UK LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs G M Hussain

Mr A M Merchant

REGISTERED OFFICE:

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

09914591 (England and Wales)

ACCOUNTANTS:

David Simon Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

-

257,981

CURRENT ASSETS

Debtors

5

-

13,676

Cash at bank

9,794

13,829

9,794

27,505

CREDITORS

Amounts falling due within one year

6

9,694

116,797

NET CURRENT ASSETS/(LIABILITIES)

100

(89,292

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

168,689

CREDITORS

Amounts falling due after more than one year

7

-

180,000

NET ASSETS/(LIABILITIES)

100

(11,311

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

-

(11,411

)

SHAREHOLDERS' FUNDS

100

(11,311

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

Mrs G M Hussain - Director

Mr A M Merchant - Director

1.	STATUTORY INFORMATION

Qualitex-AS UK Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced value of services rendered and sale of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Straight line over life of lease

Plant and machinery etc

-

25% on cost and Straight line over life of lease

Taxation

Taxation for the period 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 statement of financial position date.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

277,419

13,561

290,980

Additions

-

683

683

Disposals

(277,419

)

(14,244

)

(291,663

)

At 30 June 2026

-

-

-

DEPRECIATION

At 1 January 2025

30,763

2,236

32,999

Eliminated on disposal

(30,763

)

(2,236

)

(32,999

)

At 30 June 2026

-

-

-

NET BOOK VALUE

At 30 June 2026

-

-

-

At 31 December 2024

246,656

11,325

257,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

-

12,848

Other debtors

-

828

-

13,676

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade creditors

-

43,062

Taxation and social security

1,780

-

Other creditors

7,914

73,735

9,694

116,797

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

£

Other creditors

-

180,000