REGISTERED NUMBER: 06276010 (England and Wales)

Topraq Technologies Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr F K Ersoy

REGISTERED OFFICE:

20 St Andrews Street

London

EC4A 3AG

REGISTERED NUMBER:

06276010 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Topraq Technologies Limited for the year ended 31 December 2024 which comprise the Abridged Statement of Income and Retained Earnings, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Topraq Technologies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Topraq Technologies Limited. You consider that Topraq Technologies 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 financial statements of Topraq Technologies 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 financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

28 September 2025

FIXED ASSETS

Property, plant and equipment

4

40,483

47,627

CURRENT ASSETS

Debtors

5

102,175

140,606

Cash at bank and in hand

3,099

3,090

105,274

143,696

CREDITORS

Amounts falling due within one year

6

55,555

99,225

NET CURRENT ASSETS

49,719

44,471

TOTAL ASSETS LESS CURRENT LIABILITIES

90,202

92,098

PROVISIONS FOR LIABILITIES

7

7,837

9,049

NET ASSETS

82,365

83,049

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

81,365

82,049

SHAREHOLDERS' FUNDS

82,365

83,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 September 2025 and were signed by:

Mr F K Ersoy - Director

1.	STATUTORY INFORMATION

Topraq Technologies 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

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

Turnover is recognised when products are delivered to or services are performed for the customer. At any time, the unrecognised portion of sales represents as deferred revenues and is reported on the balance sheet as deferred income and included as part of creditors due within one year.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

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 2 (2023 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

38,680

13,684

57,168

109,532

DEPRECIATION

At 1 January 2024

27,280

12,565

22,060

61,905

Charge for year

1,710

168

5,266

7,144

At 31 December 2024

28,990

12,733

27,326

69,049

NET BOOK VALUE

At 31 December 2024

9,690

951

29,842

40,483

At 31 December 2023

11,400

1,119

35,108

47,627

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

47,977

87,596

Other debtors

54,198

53,010

102,175

140,606

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

47,698

68,383

Taxation and social security

263

189

Other creditors

7,594

30,653

55,555

99,225

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

7,837

9,049

Deferred

tax

£

Balance at 1 January 2024

9,049

Credit to Statement of Income and Retained Earnings during year

(1,212

)

Balance at 31 December 2024

7,837

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 January 2024

82,049

Deficit for the year

(684

)

At 31 December 2024

81,365

10.	RELATED PARTY DISCLOSURES

There was no outstanding balances with the related party at the year end.