REGISTERED NUMBER: 10391548 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Exposed Technology Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P A Lawson

SECRETARY:

Mrs C M Lawson

REGISTERED OFFICE:

36 Montgomery Close

Warrington

United Kingdom

Cheshire

WA5 8DL

REGISTERED NUMBER:

10391548 (England and Wales)

FIXED ASSETS

Tangible assets

5

29,482

28,492

CURRENT ASSETS

Debtors

6

45,795

29,274

Cash at bank

-

642

45,795

29,916

CREDITORS

Amounts falling due within one year

7

(28,318

)

(33,920

)

NET CURRENT ASSETS/(LIABILITIES)

17,477

(4,004

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,959

24,488

CREDITORS

Amounts falling due after more than one year

8

(12,500

)

(15,327

)

PROVISIONS FOR LIABILITIES

(2,809

)

(1,912

)

NET ASSETS

31,650

7,249

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

31,550

7,149

31,650

7,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

P A Lawson - Director

1.	STATUTORY INFORMATION

Exposed Technology Limited ('The Company') is primarily engaged in the provision of IT managment consultancy.

The company is a private company limited by shares and is incorporated in England and Wales. The registered office address is 36 Montgomery Close, Warrington, Cheshire, WA5 8DL and the registered number is 10391548.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

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

Summary of significant accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No material uncertainties that may cast doubt about the ability of the company to continue as a going concern has been identified by the director.

Therefore the director considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

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

Tangible fixed assets

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

Home office

-

10% on cost

Office equipment

-

33% on cost

Computer equipment

-

33% on cost

Assets under construction are not depreciated until such a time that they are fully operational

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Home

Office

Computer

office

equipment

equipment

Totals

£

£

£

£

COST

At 1 September 2024

21,878

16,544

25,830

64,252

Additions

-

3,872

12,140

16,012

Disposals

-

(3,962

)

(15,921

)

(19,883

)

At 31 August 2025

21,878

16,454

22,049

60,381

DEPRECIATION

At 1 September 2024

2,187

12,773

20,800

35,760

Charge for year

2,188

5,484

7,350

15,022

Eliminated on disposal

-

(3,962

)

(15,921

)

(19,883

)

At 31 August 2025

4,375

14,295

12,229

30,899

NET BOOK VALUE

At 31 August 2025

17,503

2,159

9,820

29,482

At 31 August 2024

19,691

3,771

5,030

28,492

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

31,156

12,768

Other debtors

14,639

16,506

45,795

29,274

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,399

3,840

Taxation and social security

22,970

27,648

Other creditors

1,949

2,432

28,318

33,920

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,500

15,327

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

P A Lawson

Balance outstanding at start of year

8,863

6,545

Amounts advanced

32,000

11,044

Amounts repaid

(31,312

)

(8,726

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,551

8,863