REGISTERED NUMBER: 06863788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Human Technics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Tobutt

REGISTERED OFFICE:

Moore

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

REGISTERED NUMBER:

06863788 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,427

4,738

2,427

4,738

CURRENT ASSETS

Debtors

6

30,186

89,935

Cash at bank

34,824

22,775

65,010

112,710

CREDITORS

Amounts falling due within one year

7

266,637

136,272

NET CURRENT LIABILITIES

(201,627

)

(23,562

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(199,200

)

(18,824

)

CREDITORS

Amounts falling due after more than one year

8

22,706

80,922

NET LIABILITIES

(221,906

)

(99,746

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

(222,006

)

(99,846

)

SHAREHOLDERS' FUNDS

(221,906

)

(99,746

)

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

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

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

M Tobutt - Director

1.	STATUTORY INFORMATION

Human Technics 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

Fundamental accounting policy

The accounts have been prepared on a going concern basis because the director has agreed to provide financial assistance to enable the company to meet liabilities as they fall due and does not intend to withdraw his director's loan in the next twelve months.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on straight line basis

Motor vehicles

-

25% on straight line basis

Office equipment

-

25% on straight line basis

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 material 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.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

51,393

AMORTISATION

At 1 April 2024

and 31 March 2025

51,393

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

13,294

8,468

2,340

24,102

DEPRECIATION

At 1 April 2024

8,805

8,468

2,091

19,364

Charge for year

2,228

-

83

2,311

At 31 March 2025

11,033

8,468

2,174

21,675

NET BOOK VALUE

At 31 March 2025

2,261

-

166

2,427

At 31 March 2024

4,489

-

249

4,738

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,524

76,662

Other debtors

12,662

12,662

Prepayments

-

611

30,186

89,935

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,569

23,693

Tax

4,715

4,512

VAT

27,259

25,192

Directors' current account

223,494

79,275

Accruals and deferred income

3,600

3,600

266,637

136,272

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

22,706

80,922

9.

RESERVES

Retained

earnings

£

At 1 April 2024

(99,846

)

Deficit for the year

(122,160

)

At 31 March 2025

(222,006

)

10.	RELATED PARTY DISCLOSURES

Included in creditors is £223,493 (2024: £79,275) owed by the company to Mr M Tobutt, a director of the company. This amount is unsecured and interest free.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Tobutt who is the 100% shareholder of the company.