REGISTERED NUMBER: 04465398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

QUADRANET SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J H Trueman

Mr M Edworthy

SECRETARY:

Mr M Edworthy

REGISTERED OFFICE:

Quadranet House

The Common

Stokenchurch

Buckinghamshire

HP14 3UH

REGISTERED NUMBER:

04465398 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

756,140

756,165

Investment property

5

143,879

143,879

900,019

900,044

CURRENT ASSETS

Debtors

6

1,284,812

1,259,745

Cash at bank

77,762

10,353

1,362,574

1,270,098

CREDITORS

Amounts falling due within one year

7

344,796

234,370

NET CURRENT ASSETS

1,017,778

1,035,728

TOTAL ASSETS LESS CURRENT LIABILITIES

1,917,797

1,935,772

CREDITORS

Amounts falling due after more than one year

8

405,937

434,721

NET ASSETS

1,511,860

1,501,051

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Retained earnings

1,451,860

1,441,051

SHAREHOLDERS' FUNDS

1,511,860

1,501,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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 7th November 2025 and were signed on its behalf by:

Mr J H Trueman - Director

1.	STATUTORY INFORMATION

Quadranet Systems 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

Straight line over 3 years

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1st March 2024

and 28th February 2025

756,000

1,143

525

757,668

DEPRECIATION

At 1st March 2024

-

1,143

360

1,503

Charge for year

-

-

25

25

At 28th February 2025

-

1,143

385

1,528

NET BOOK VALUE

At 28th February 2025

756,000

-

140

756,140

At 29th February 2024

756,000

-

165

756,165

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st March 2024

and 28th February 2025

143,879

NET BOOK VALUE

At 28th February 2025

143,879

At 29th February 2024

143,879

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

192,072

302,056

Amounts owed by group undertakings

1,058,197

914,022

Other debtors

34,543

43,667

1,284,812

1,259,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

73,299

14,567

Amounts owed to group undertakings

129,236

129,236

Taxation and social security

105,064

29,221

Other creditors

37,197

61,346

344,796

234,370

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Other creditors

405,937

434,721

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

-

358,717

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J H Trueman, a director of the company, by reason of his majority shareholding.