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Registration number: 07797684

Techreza Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2024

 

Techreza Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 11

Detailed Profit and Loss Account

12 to 13

 

Techreza Limited

Company Information

Directors

MOHAMMED ABDUL REZA

Ms Rasleen Balkies Mogral

Registered office

4 Colyton Close
Woking
GU21 3JE

Accountants

Tax-Link Limited
Chartered Accountants & Tax AdvisorsThe Long Lodge
265-269 Kingston Road
Wimbledon
London
SW19 3NW

 

Techreza Limited

Directors' Report for the Year Ended 31 October 2024

The directors present their report and the financial statements for the year ended 31 October 2024.

Directors of the company

The directors who held office during the year were as follows:

MOHAMMED ABDUL REZA

Ms Rasleen Balkies Mogral

Principal activity

The principal activity of the company is Information technology consultancy activities..

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

.........................................
MOHAMMED ABDUL REZA
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Techreza Limited
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Techreza Limited for the year ended 31 October 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Techreza Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Techreza Limited and state those matters that we have agreed to state to the Board of Directors of Techreza Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Techreza Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Techreza Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Techreza Limited. You consider that Techreza Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Techreza Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Tax-Link Limited
Chartered Accountants & Tax Advisors
The Long Lodge
265-269 Kingston Road
Wimbledon
London
SW19 3NW

25 June 2025

 

Techreza Limited

Profit and Loss Account for the Year Ended 31 October 2024

Note

2024
£

2023
£

Turnover

 

205,106

176,797

Gross profit

 

205,106

176,797

Administrative expenses

 

(9,043)

(8,315)

Other operating income

 

201

-

Operating profit

 

196,264

168,482

Profit before tax

196,264

168,482

Tax on profit

 

(48,260)

(37,227)

Profit for the financial year

 

148,004

131,255

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Techreza Limited

Statement of Comprehensive Income for the Year Ended 31 October 2024

2024
£

2023
£

Profit for the year

148,004

131,255

Total comprehensive income for the year

148,004

131,255

 

Techreza Limited

(Registration number: 07797684)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Current assets

 

Debtors

5

121,326

121,326

Cash at bank and in hand

 

348,428

219,633

 

469,754

340,959

Creditors: Amounts falling due within one year

6

(73,414)

(68,606)

Net assets

 

396,340

272,353

Capital and reserves

 

Called up share capital

7

3

3

Retained earnings

396,337

272,350

Shareholders' funds

 

396,340

272,353

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

.........................................
MOHAMMED ABDUL REZA
Director

 

Techreza Limited

Statement of Changes in Equity for the Year Ended 31 October 2024

Share capital
£

Retained earnings
£

Total
£

At 1 November 2023

3

272,350

272,353

Profit for the year

-

148,004

148,004

Dividends

-

(24,017)

(24,017)

At 31 October 2024

3

396,337

396,340

Share capital
£

Retained earnings
£

Total
£

At 1 November 2022

3

179,870

179,873

Profit for the year

-

131,255

131,255

Dividends

-

(38,775)

(38,775)

At 31 October 2023

3

272,350

272,353

 

Techreza Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
4 Colyton Close
Woking
GU21 3JE

These financial statements were authorised for issue by the Board on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Techreza Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Techreza Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 November 2023

1,261

1,261

At 31 October 2024

1,261

1,261

Depreciation

At 1 November 2023

1,261

1,261

At 31 October 2024

1,261

1,261

Carrying amount

At 31 October 2024

-

-

5

Debtors

Current

2024
£

2023
£

Other debtors

121,326

121,326

 

121,326

121,326

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

53,289

42,628

Accruals and deferred income

1,150

1,150

Other creditors

18,975

24,828

73,414

68,606

7

Share capital

Allotted, called up and fully paid shares

 

Techreza Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

2024

2023

No.

£

No.

£

A Ordinary of £1 each

2

2

2

2

B Ordinary of £1 each

1

1

1

1

3

3

3

3

8

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £Nil per each A Ordinary

24,017

29,400

Interim dividend of £Nil per each B Ordinary

-

9,375

24,017

38,775

 

Techreza Limited

Detailed Profit and Loss Account for the Year Ended 31 October 2024

2024
 £

2023
 £

turnover

205,106

176,797

Gross profit (%)

100%

100%

Administrative expenses

Employment costs

4,548

4,758

Establishment costs

1,300

1,234

General administrative expenses

3,057

2,314

Finance charges

138

9

9,043

8,315

Other operating income

201

-

Operating profit

196,264

168,482

Profit before tax

196,264

168,482

 

Techreza Limited

Detailed Profit and Loss Account for the Year Ended 31 October 2024

2024
£

2023
£

   

Turnover

Rendering of services, UK

205,106

175,778

Interest received

-

1,019

205,106

176,797

   

Employment costs

Directors remuneration

4,548

4,158

Directors NIC (Employers)

-

51

Staff training

-

549

4,548

4,758

   

Establishment costs

Use of home as office

1,300

1,234

   

General administrative expenses

Telephone and fax

50

15

Computer software and maintenance costs

500

389

Trade subscriptions

212

212

Sundry expenses

-

25

Travel and subsistence

993

-

Staff entertaining (allowable for tax)

150

41

Accountancy fees

1,152

1,632

3,057

2,314

   

Finance charges

Bank charges

138

9

   

Other operating income

Other operating income

201

-