XPERT TECHNOLOGIES LIMITED

XPERT TECHNOLOGIES LIMITED Accountants' Report For the year ended 31 March 2025
Accountants report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Salhan Accountants 31 March 2025 .................................................... Salhan Accountants 54 Hagley Road Edgbaston Birmingham B16 8PE 08 December 2025 2

XPERT TECHNOLOGIES LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	26,130	34,873
Tangible fixed assets	4	4,781	5,625
		30,911	40,498
Current assets
Debtors	5	100	(4,968)
Cash at bank and in hand		47,364	51,712
		47,464	46,744
Net current assets		47,464	46,744

Total assets less current liabilities		78,375	87,242
Net assets		78,375	87,242

Capital and reserves
Called up share capital		2	2
Profit and loss account		78,373	87,240
Shareholders' funds		78,375	87,242

For the year ended 31 March 2025 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:

-------------------------------
Anjulika Salhan
Director

XPERT TECHNOLOGIES LIMITED
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

XPERT TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11252946, registration address SALHAN HOUSE, 5 VICTORIA SQUARE DROITWICH SPA, WR9 8DF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The directors consider the Company to be a going concern. They have reviewed projected cash flows and are satisfied that the Company will be able to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.

If there is any material uncertainty (e.g. heavy losses, no support, looming insolvency), this wording must be extended to describe that uncertainty. If not, this short form is fine.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets comprise software licences. These are measured at cost less accumulated amortisation and impairment losses.

Where a reliable estimate of useful life cannot be made, the useful life shall not exceed 10 years in accordance with FRS 102 Section 18.

The directors have determined that the useful life of the software licence cannot be reliably estimated and therefore have adopted a useful life of 10 years, amortised on a straight-line basis.

Expenditure not meeting the criteria in FRS 102 Section 18 is expensed as incurred.

Intangible Fixed Assets Software License:

Cost:

At 1 April 2024: £34,873.02

Additions: £1,660

Disposals: £7,500

At 31 March 2025: £29,033.02

Amortisation:

At 1 April 2024: £0

Charge for the year: £2,903.30

Disposals: £0

At 31 March 2025: £2,903.30

Net Book Value at 31 March 2025: £26,130

Useful Economic Life: 10 years (straight-line)

Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis over years.

Software License
Software License is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the Software License of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

15 Reducing Balance

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Intangible fixed assets

Cost	Software License	Total
	£	£
At 01 April 2024	34,873	34,873
Additions	1,660	1,660
Disposals	(7,500)	(7,500)
At 31 March 2025	29,033	29,033
Amortisation
At 01 April 2024	-	-
Charge for year	2,903	2,903
On disposals	-	-
At 31 March 2025	2,903	2,903
Net book values
At 31 March 2025	26,130	26,130
At 31 March 2024	34,873	34,873

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 April 2024	7,785	7,785
Additions	-	-
Disposals	-	-
At 31 March 2025	7,785	7,785
Depreciation
At 01 April 2024	2,160	2,160
Charge for year	844	844
On disposals	-	-
At 31 March 2025	3,004	3,004
Net book values
Closing balance as at 31 March 2025	4,781	4,781
Opening balance as at 01 April 2024	5,625	5,625

Debtors: amounts falling due within one year

	2025 £	2024 £
Transfer	0	(7,500)
VAT	100	2,532
	100	(4,968)

Creditors: amount falling due within one year

	2025 £		2024 £
	0		0

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
Salhan Accountants Limited	0		0		0		0

During the year the Company received income from associated companies under common control for use of its software licence. The transactions during the year were as follows: – Related entity: SALHAN ACCOUNTANTS LTD – Relationship: Under common control – Nature of transaction: Charges for use of software license – Amount recognized as income: £16,200 – Amounts outstanding at year end: £0 – Pricing basis: At market value In addition, the Company corrected the classification of software originally recognized in the prior year at £7,500. The software was paid for and is owned by System Holdings, a company under common control. The transaction has been reclassified accordingly

8.	Intangible assets acquired in business combinations

Software License

The Intangible fixed asset additions under 'Software license' reflect the development of software for the period and their licenses.

Significant Judgements

The directors have exercised judgement in determining whether the software licence meets the criteria for capitalisation under FRS 102 Section 18.

Judgement has also been applied in concluding that the useful economic life of the software licence cannot be estimated reliably, and therefore a life of 10 years has been adopted.

Further judgement is exercised in assessing future economic benefits where income is received from associated companies for use of the software licence.

10.	Key Sources of Estimation Uncertainty The useful life and recoverability of the software license are subject to estimation uncertainty. Future economic benefits depend on revenues generated from the use of the software, including income received from associated companies.

Registered Number: 11252946
England and Wales
XPERT TECHNOLOGIES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025