TECHNOLOGY NOW LIMITED

Company Registration Number:
14418835 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

TECHNOLOGY NOW LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

TECHNOLOGY NOW LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

13 months to 31 October 2023


£

£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 490,738 294,927
Tangible assets: 4 830,933 201,837
Investments: 5 1,073,993 104,848
Total fixed assets: 2,395,664 601,612
Current assets
Stocks: 1,207,388 108,947
Debtors:   838,827 208,498
Cash at bank and in hand: 308,388 154,309
Investments: 6 408,838 98,178
Total current assets: 2,763,441 569,932
Creditors: amounts falling due within one year:   (208,499) (35,027)
Net current assets (liabilities): 2,554,942 534,905
Total assets less current liabilities: 4,950,607 1,136,518
Creditors: amounts falling due after more than one year:   (108,399) (12,028)
Provision for liabilities: (29,783) (1)
Total net assets (liabilities): 4,812,425 1,124,489
Capital and reserves
Called up share capital: 1 1
Share premium account: 4,652,507 1,096,399
Revaluation reserve:7108,4900
Other reserves: 10,389 0
Profit and loss account: 41,038 28,089
Shareholders funds: 4,812,425 1,124,489

The notes form part of these financial statements

TECHNOLOGY NOW LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2025
and signed on behalf of the board by:

Name: YOUSSEF HEMEIDY
Status: Director

The notes form part of these financial statements

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 13 months to 31 October 2023
Average number of employees during the period 39 13

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Intangible Assets

Total
Cost £
At 01 November 2023 294,927
Additions 195,811
Disposals (30,488)
Revaluations 12,048
Transfers 18,440
At 31 October 2024 490,738
Net book value
At 31 October 2024 490,738
At 31 October 2023 294,927

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible Assets

Total
Cost £
At 01 November 2023 201,837
Additions 629,096
Disposals (284,779)
Revaluations 73,784
Transfers 210,995
At 31 October 2024 830,933
Net book value
At 31 October 2024 830,933
At 31 October 2023 201,837

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Fixed investments

DELL OPTIPLEX - 213 UNITS LENOVO THINKSTATION PE - 49 UNITS

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Current investments

PAR TEC AG - 107,394.00 EUROS

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Revaluation reserve

2024
£
Balance at 01 November 2023 0
Surplus or deficit after revaluation 108,490
Balance at 31 October 2024 108,490