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Registered number: 03572942
Saras Technology Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Saras Technology Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Saras Technology Limited
Statement of Financial Position
As At 31 July 2025
Statement of Financial Position
Registered number: 03572942

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,980 |  | 8,161
Tangible Assets | 5 |  | 125,613 |  | 115,855
|  |  | 129,593 |  | 124,016
CURRENT ASSETS
Stocks |  | 267,820 |  | 321,496 |
Debtors | 6 | 548,269 |  | 1,120,761 |
Cash at bank and in hand |  | 1,965,112 |  | 507,108 |
|  | 2,781,201 |  | 1,949,365 |
Creditors: Amounts Falling Due Within One Year | 7 | (615,790 ) |  | (500,140 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,165,411 |  | 1,449,225
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,295,004 |  | 1,573,241
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (77,649 ) |  | (137,071 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (29,016 ) |  | (28,895 )
NET ASSETS |  |  | 2,188,339 |  | 1,407,275
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Income Statement |  |  | 2,188,239 |  | 1,407,175
SHAREHOLDERS' FUNDS |  |  | 2,188,339 |  | 1,407,275

Page 1
Page 2
Saras Technology Limited
Statement of Financial Position (continued)
As At 31 July 2025
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

Dr Ashwain Rayit Director
20 January 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Saras Technology Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Saras Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03572942 . The registered office is Windmill House, 277 Tong Road, Leeds, LS12 4NQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are computer software. It is amortised to income statement over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 20% on reducing balance
Fixtures & Fittings | 25% on reducing balance
Computer Equipment | 33% on cost

2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Saras Technology Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.8. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 15)
20 15
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 August 2024 | 64,847
As at 31 July 2025 | 64,847
Amortisation
As at 1 August 2024 | 56,686
Provided during the period | 4,181
As at 31 July 2025 | 60,867
Net Book Value
As at 31 July 2025 | 3,980
As at 1 August 2024 | 8,161

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 August 2024 | 285,710 | 27,376 | 40,615 | 353,701
Additions | 19,342 | - | 6,873 | 26,215
As at 31 July 2025 | 305,052 | 27,376 | 47,488 | 379,916
Depreciation
As at 1 August 2024 | 196,971 | 24,531 | 16,344 | 237,846
Provided during the period | 9,650 | 411 | 6,396 | 16,457
As at 31 July 2025 | 206,621 | 24,942 | 22,740 | 254,303
Net Book Value
As at 31 July 2025 | 98,431 | 2,434 | 24,748 | 125,613
As at 1 August 2024 | 88,739 | 2,845 | 24,271 | 115,855

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 464,491 |  | 1,072,948
Other debtors | 83,778 |  | 47,813
| 548,269 |  | 1,120,761

Page 4
Page 5
Saras Technology Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 258,062 |  | 270,513
Bank loans and overdrafts | 33,832 |  | 47,143
Other creditors | 107,870 |  | 78,358
Taxation and social security | 216,026 |  | 104,126
| 615,790 |  | 500,140

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 33,832
Other creditors | 77,649 |  | 103,239
| 77,649 |  | 137,071

9. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 80,975

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 28,500 |  | 28,500
Later than one year and not later than five years | 114,000 |  | 114,000
Later than five years | 228,000 |  | 256,500
| 370,500 |  | 399,000

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