REGISTERED NUMBER: 09894762 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALIS GLOBAL LTD

Page

Company Information

1

Report of the Director

2

Report of the Independent Auditors

3

Income Statement

6

Other Comprehensive Income

7

Balance Sheet

8

Statement of Changes in Equity

9

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

DIRECTOR:

G A Mir

REGISTERED OFFICE:

Office 408 Screenworks

22 Highbury Grove

London

N5 2ER

REGISTERED NUMBER:

09894762 (England and Wales)

AUDITORS:

Agnon LLP

Chartered Certified Accountants &

Statutory Auditors

Kelvin House

Kelvin Way

Crawley

West Sussex

RH10 9WE

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

G A Mir held office during the whole of the period from 1 April 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Agnon LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

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

ON BEHALF OF THE BOARD:

G A Mir - Director

18 November 2025

Opinion

We have audited the financial statements of Alis Global Ltd (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Director has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the director was not entitled to take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Director.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page two, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

- Enquiring of management, the Audit & Risk Committee in-house and external legal counsel concerning actual and potential litigation and claims;

- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

- Reading minutes of meetings of those charged with governance;

- Obtained an understanding of provisions and held discussions with management to understand the basis of recognition or non-recognition of tax provisions; and

- In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and

evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

M I Ashraf FCCA (Senior Statutory Auditor)

for and on behalf of Agnon LLP

Chartered Certified Accountants &

Statutory Auditors

Kelvin House

Kelvin Way

Crawley

West Sussex

RH10 9WE

18 November 2025

TURNOVER

14,496,051

13,612,613

Cost of sales

11,187,477

8,732,625

GROSS PROFIT

3,308,574

4,879,988

Distribution costs

-

347

Administrative expenses

291,806

901,883

291,806

902,230

3,016,768

3,977,758

Other operating income

-

1,317

OPERATING PROFIT

4

3,016,768

3,979,075

Interest receivable and similar income

3,483

-

3,020,251

3,979,075

Interest payable and similar expenses

5

1,703

2,574

PROFIT BEFORE TAXATION

3,018,548

3,976,501

Tax on profit

6

939,669

994,388

PROFIT FOR THE FINANCIAL YEAR

2,078,879

2,982,113

PROFIT FOR THE YEAR

2,078,879

2,982,113

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

2,078,879

2,982,113

FIXED ASSETS

Tangible assets

8

4,392

3,864

CURRENT ASSETS

Debtors

9

3,557,735

2,316,025

Cash at bank

6,296,073

4,943,730

9,853,808

7,259,755

CREDITORS

Amounts falling due within one year

10

4,839,880

4,192,678

NET CURRENT ASSETS

5,013,928

3,067,077

TOTAL ASSETS LESS CURRENT LIABILITIES

5,018,320

3,070,941

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

5,018,220

3,070,841

SHAREHOLDERS' FUNDS

5,018,320

3,070,941

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

G A Mir - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

100

148,728

148,828

Changes in equity

Dividends

-

(60,000

)

(60,000

)

Total comprehensive income

-

2,982,113

2,982,113

Balance at 31 March 2024

100

3,070,841

3,070,941

Changes in equity

Dividends

-

(131,500

)

(131,500

)

Total comprehensive income

-

2,078,879

2,078,879

Balance at 31 March 2025

100

5,018,220

5,018,320

Cash flows from operating activities

Cash generated from operations

1

2,911,020

5,510,436

Interest paid

(1,703

)

(2,574

)

Tax paid

(879,670

)

(586,593

)

Net cash from operating activities

2,029,647

4,921,269

Cash flows from investing activities

Purchase of tangible fixed assets

(1,666

)

-

Interest received

3,483

-

Net cash from investing activities

1,817

-

Cash flows from financing activities

Loan repayments in year

-

(21,472

)

Amount withdrawn by directors

(547,621

)

(337

)

Equity dividends paid

(131,500

)

(60,000

)

Net cash from financing activities

(679,121

)

(81,809

)

Increase in cash and cash equivalents

1,352,343

4,839,460

Cash and cash equivalents at beginning of year

2

4,943,730

104,270

Cash and cash equivalents at end of year

2

6,296,073

4,943,730

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.3.25

31.3.24

£

£

Profit before taxation

3,018,548

3,976,501

Depreciation charges

1,137

1,053

Finance costs

1,703

2,574

Finance income

(3,483

)

-

3,017,905

3,980,128

(Increase)/decrease in trade and other debtors

(694,088

)

326,689

Increase in trade and other creditors

587,203

1,203,619

Cash generated from operations

2,911,020

5,510,436

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

6,296,073

4,943,730

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

4,943,730

104,270

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank

4,943,730

1,352,343

6,296,073

4,943,730

1,352,343

6,296,073

Total

4,943,730

1,352,343

6,296,073

1.	STATUTORY INFORMATION

Alis Global Ltd 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" 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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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

31.3.25

31.3.24

£

£

Wages and salaries

111,511

83,187

Social security costs

7,185

3,889

118,696

87,076

The average number of employees during the year was as follows:

31.3.25

31.3.24

Director

1

1

Administrative staff

2

1

3

2

31.3.25

31.3.24

£

£

Director's remuneration

70,000

57,500

4.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Other operating leases

8,608

10,720

Depreciation - owned assets

1,138

1,053

Foreign exchange differences

(43,875

)

67,197

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.3.25

31.3.24

£

£

Bank loan interest

1,703

2,574

6.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

939,669

994,388

Tax on profit

939,669

994,388

7.

DIVIDENDS

31.3.25

31.3.24

£

£

Ordinary shares of £1 each

Interim

131,500

60,000

8.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

2,202

5,172

7,374

Additions

-

1,666

1,666

At 31 March 2025

2,202

6,838

9,040

DEPRECIATION

At 1 April 2024

1,192

2,318

3,510

Charge for year

276

862

1,138

At 31 March 2025

1,468

3,180

4,648

NET BOOK VALUE

At 31 March 2025

734

3,658

4,392

At 31 March 2024

1,010

2,854

3,864

9.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

2,808,647

2,115,404

Other debtors

197,110

30,070

Directors' current accounts

547,621

-

VAT

4,357

655

3,557,735

2,146,129

Amounts falling due after more than one year:

Trade debtors

-

169,896

Aggregate amounts

3,557,735

2,316,025

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,317,651

3,730,196

Tax

508,987

448,988

Social security and other taxes

12,975

10,548

Wages control account

147

2,826

Accrued expenses

120

120

4,839,880

4,192,678

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

earnings

£

At 1 April 2024

3,070,841

Profit for the year

2,078,879

Dividends

(131,500

)

At 31 March 2025

5,018,220

13.	OTHER FINANCIAL COMMITMENTS

The company had no material financial commitments, guarantees or contingencies.

14.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

G A Mir

Balance outstanding at start of year

-

-

Amounts advanced

547,621

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

547,621

-

At 31 March 2025 an amount of £547,621 (2024: £nil) was due from Mr G A Mir, a director of the company. The loan is interest-free, unsecured and repayable on demand. No amounts were written off or waived.

15.	ULTIMATE CONTROLLING PARTY

The controlling party is G A Mir.

The ultimate controlling party is G A Mir.