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REGISTERED NUMBER: 08107671 (England and Wales)

| TECHJOINT LIMITED |

| STRATEGIC REPORT, REPORT OF THE DIRECTOR AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Director | 3 |

| Report of the Independent Auditors | 5 |

| Income Statement | 9 |

| Other Comprehensive Income | 10 |

| Balance Sheet | 11 |

| Statement of Changes in Equity | 12 |

| Cash Flow Statement | 13 |

| Notes to the Cash Flow Statement | 14 |

| Notes to the Financial Statements | 15 |

| TECHJOINT LIMITED |

COMPANY INFORMATION

for the year ended 28 February 2025

| DIRECTOR: | M J P Healy

| REGISTERED OFFICE: | Wey Court West

| Union Road

| Farnham

| Surrey

| GU9 7PT

| REGISTERED NUMBER: | 08107671 (England and Wales)

| AUDITORS: | Shaw Gibbs Limited

| Wey Court West

| Union Road

| Farnham

| Surrey

| GU9 7PT

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

STRATEGIC REPORT

for the year ended 28 February 2025

The director presents his strategic report for the year ended 28 February 2025.

REVIEW OF BUSINESS

The principal activity of the company during the year was the supply of specialist services to the civil engineering industry including concrete bay repairs and replacements, highway repairs and joint repairs.

The director considers the financial performance of the company for the year to be satisfactory.

Turnover for the year: £19.3m (2024 : £13.1m)

Profit before tax: £1.3m (2024 : £196k).

Net assets at year end: £3.2m (2024 : £3.3m)

The company continued to provide services to its established client base and focused on maintaining service quality and operational efficiency. Market conditions remain competitive; however, the company has maintained stable trading through strong client relationships and cost control measures.

The principal Key Performance Indicators used by the director to monitor and manage performance are the levels of turnover, gross profit and net profit, as highlighted above.

PRINCIPAL RISKS AND UNCERTAINTIES

The directors considers the following to be the principal risks and uncertainties faced by the company.

Market Risk - Increased competition or reduced demand for construction services may impact revenue.

Credit Risk - Risk of delayed or non-payment from customers.

Operational Risk - Dependence on skilled contractors to deliver work.

The director manages these risks through regular financial monitoring, maintaining good client relationships, and ongoing staff development.

FINANCIAL POSITION

The company maintains adequate working capital to support its operations. Cash flow is monitored regularly by the director.

The director is satisfied with the company's financial position at the year end.

FUTURE DEVELOPMENTS

The director intends to:

- Continue developing the company's service offerings

- Maintain focus on profitability and cost control

- Strengthen existing client relationships

- Seek new business opportunities where appropriate

ON BEHALF OF THE BOARD:

M J P Healy - Director

9 March 2026

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

REPORT OF THE DIRECTOR

for the year ended 28 February 2025

The director presents his report with the financial statements of the company for the year ended 28 February 2025.

DIVIDENDS

Interim dividends per share were paid as follows:

55.00 |  | - 4 July 2024

311.25 |  | - 2 August 2024

370.00 |  | - 6 August 2024

130.00 |  | - 10 January 2025

105.82 |  | - 31 January 2025

71.70 |  | - 28 February 2025

1043.77 |

The director recommends that no final dividend be paid.

The total distribution of dividends for the year ended 28 February 2025 will be £ 1,043,774 .

DIRECTOR

M J P Healy held office during the whole of the period from 1 March 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, 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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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.

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

REPORT OF THE DIRECTOR

for the year ended 28 February 2025

AUDITORS

The auditors, Shaw Gibbs Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

M J P Healy - Director

9 March 2026

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

TECHJOINT LIMITED

Opinion

We have audited the financial statements of Techjoint Limited (the 'company') for the year ended 28 February 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 28 February 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 Strategic Report and 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 Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

TECHJOINT LIMITED

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 Strategic Report or 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.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, 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.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

TECHJOINT LIMITED

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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- |  | the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; |

- |  | we identified those laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector; |

- |  | we focused on specific significant laws and regulations which we considered were more likely to have a direct material effect on the financial statements or the operations of the company, notably the Companies Act 2006, taxation, data protection and employment legislation; |

- |  | we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting the accounting records and legal correspondence; and |

- |  | identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. |

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- |  | making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and |

- |  | considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. |

To address the risk of fraud through management bias and override of controls, we:

- |  | performed analytical procedures to identify any unusual or unexpected relationships; |

- |  | tested journal entries to identify unusual transactions: |

- |  | assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and |

- |  | investigated the rationale behind significant or unusual transactions. |

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- |  | agreeing financial statement disclosures to underlying supporting documentation: |

- |  | reading the minutes of meetings of those charged with governance; |

- |  | enquiring of management as to actual and potential litigation and claims; and |

- |  | reviewing correspondence with HMRC, relevant regulators where applicable, and the company's legal advisors. |

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

TECHJOINT LIMITED

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.

Andrew Hodgetts (Senior Statutory Auditor)

for and on behalf of Shaw Gibbs Limited

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

9 March 2026

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

INCOME STATEMENT

for the year ended 28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

TURNOVER | 19,299,390 |  | 13,101,758 |  |

Cost of sales | (14,831,653 | ) | (11,313,651 | ) |

GROSS PROFIT | 4,467,737 |  | 1,788,107 |  |

Administrative expenses | (3,168,034 | ) | (1,592,458 | ) |

OPERATING PROFIT | 4 | 1,299,703 |  | 195,649 |  |

Interest receivable and similar income | 13,196 |  | 3,575 |  |

1,312,899 |  | 199,224 |  |

Interest payable and similar expenses | 5 | (1,152 | ) | (2,612 | ) |

PROFIT BEFORE TAXATION | 1,311,747 |  | 196,612 |  |

Tax on profit | 6 | (335,163 | ) | (111,665 | ) |

PROFIT FOR THE FINANCIAL YEAR | 976,584 |  | 84,947 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

OTHER COMPREHENSIVE INCOME

for the year ended 28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

PROFIT FOR THE YEAR | 976,584 |  | 84,947 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 976,584 |  | 84,947 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

BALANCE SHEET

28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 8 | 567,632 |  | 496,117 |  |

CURRENT ASSETS

Stocks | 9 | 3,104 |  | 4,764 |  |

Debtors | 10 | 2,529,178 |  | 2,735,691 |  |

Cash at bank | 4,922,078 |  | 3,527,024 |  |

7,454,360 |  | 6,267,479 |  |

CREDITORS

Amounts falling due within one year | 11 | (4,757,957 | ) | (3,416,919 | ) |

NET CURRENT ASSETS | 2,696,403 |  | 2,850,560 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,264,035 |  | 3,346,677 |  |

PROVISIONS FOR LIABILITIES | 13 | (64,735 | ) | (80,187 | ) |

NET ASSETS | 3,199,300 |  | 3,266,490 |  |

CAPITAL AND RESERVES

Called up share capital | 14 | 1,000 |  | 1,000 |  |

Retained earnings | 15 | 3,198,300 |  | 3,265,490 |  |

SHAREHOLDERS' FUNDS | 3,199,300 |  | 3,266,490 |  |

The financial statements were approved by the director and authorised for issue on 9 March 2026 and were signed by:

M J P Healy - Director

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

STATEMENT OF CHANGES IN EQUITY

for the year ended 28 February 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 March 2023 | 1,000 |  | 3,585,794 |  | 3,586,794 |  |

Changes in equity

Dividends | - |  | (405,251 | ) | (405,251 | ) |

Total comprehensive income | - |  | 84,947 |  | 84,947 |  |

Balance at 29 February 2024 | 1,000 |  | 3,265,490 |  | 3,266,490 |  |

Changes in equity

Dividends | - |  | (1,043,774 | ) | (1,043,774 | ) |

Total comprehensive income | - |  | 976,584 |  | 976,584 |  |

Balance at 28 February 2025 | 1,000 |  | 3,198,300 |  | 3,199,300 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

CASH FLOW STATEMENT

for the year ended 28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 2,744,813 |  | 1,132,080 |  |

Interest paid | (1,152 | ) | (2,612 | ) |

Tax paid | (221,780 | ) | (77,663 | ) |

Net cash from operating activities | 2,521,881 |  | 1,051,805 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (266,055 | ) | (158,975 | ) |

Sale of tangible fixed assets | 43,437 |  | 36,000 |  |

Interest received | 13,196 |  | 3,575 |  |

Net cash from investing activities | (209,422 | ) | (119,400 | ) |

Cash flows from financing activities

Amount introduced by directors | 127,545 |  | - |  |

Amount withdrawn by directors | (1,176 | ) | (128,233 | ) |

Equity dividends paid | (1,043,774 | ) | (405,251 | ) |

Net cash from financing activities | (917,405 | ) | (533,484 | ) |

Increase in cash and cash equivalents | 1,395,054 |  | 398,921 |  |

Cash and cash equivalents at beginning of year | 2 | 3,527,024 |  | 3,128,103 |  |

Cash and cash equivalents at end of year | 2 | 4,922,078 |  | 3,527,024 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE CASH FLOW STATEMENT

for the year ended 28 February 2025

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

| 2025 |  | 2024

£ | £ |

| Profit before taxation | 1,311,747 |  | 196,612 |  |

| Depreciation charges | 145,285 |  | 231,847 |  |

| Loss/(profit) on disposal of fixed assets | 5,818 |  | (32,151 | ) |

| Finance costs | 1,152 |  | 2,612 |  |

| Finance income | (13,196 | ) | (3,575 | ) |

1,450,806 |  | 395,345 |  |

| Decrease/(increase) in stocks | 1,660 |  | (3,075 | ) |

| Decrease/(increase) in trade and other debtors | 80,144 |  | (836,177 | ) |

| Increase in trade and other creditors | 1,212,203 |  | 1,575,987 |  |

| Cash generated from operations | 2,744,813 |  | 1,132,080 |  |

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 28 February 2025

| 28.2.25 |  | 1.3.24

£ | £ |

| Cash and cash equivalents | 4,922,078 |  | 3,527,024 |  |

| Year ended 29 February 2024

| 29.2.24 |  | 1.3.23

£ | £ |

| Cash and cash equivalents | 3,527,024 |  | 3,128,103 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.3.24 | Cash flow | At 28.2.25

£ | £ | £ |

| Net cash |

| Cash at bank | 3,527,024 |  | 1,395,054 |  | 4,922,078 |  |

3,527,024 |  | 1,395,054 |  | 4,922,078 |  |

| Total | 3,527,024 |  | 1,395,054 |  | 4,922,078 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 28 February 2025

1. | STATUTORY INFORMATION

| Techjoint 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.

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 represents the supply of engineering maintenance services. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax. Turnover includes an adjustment for accrued income which represents the value of work done by the balance sheet date but received by the company after that date.

| 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 | - | 33% on cost

| Fixtures and fittings | - | 33% on cost

| Motor vehicles | - | 33% on cost

| Computer equipment | - | 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| 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

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 1,957,654 |  | 715,051 |  |

| Social security costs | 286,960 |  | 95,702 |  |

| Other pension costs | 1,321 |  | 1,321 |  |

2,245,935 |  | 812,074 |  |

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

| 2025 |  | 2024

2 |  | 2 |  |

| 2025 |  | 2024

£ | £ |

| Director's remuneration | 1,620,506 |  | 509,053 |  |

| Information regarding the highest paid director is as follows:

| 2025 |  | 2024

£ | £ |

| Emoluments etc | 1,620,506 |  | 509,053 |  |

4. | OPERATING PROFIT

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

| 2025 |  | 2024

£ | £ |

| Hire of plant and machinery | 2,467,608 |  | 2,070,293 |  |

| Depreciation - owned assets | 145,285 |  | 231,848 |  |

| Loss/(profit) on disposal of fixed assets | 5,818 |  | (32,151 | ) |

| Auditors' remuneration | 12,500 |  | - |  |

| Foreign exchange differences | - |  | 329 |  |

5. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2025 |  | 2024

£ | £ |

| Interest on tax | 1,152 |  | 2,612 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

6. | TAXATION

| Analysis of the tax charge

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

| 2025 |  | 2024

£ | £ |

| Current tax:

| UK corporation tax | 350,615 |  | 128,505 |  |

| Deferred tax | (15,452 | ) | (16,840 | ) |

| Tax on profit | 335,163 |  | 111,665 |  |

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 2025 |  | 2024

£ | £ |

| Profit before tax | 1,311,747 |  | 196,612 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 24.500%) | 327,937 |  | 48,170 |  |

| Effects of:

| Expenses not deductible for tax purposes | 43,609 |  | 58,899 |  |

| Income not taxable for tax purposes | - |  | (7,877 | ) |

| Capital allowances in excess of depreciation | (20,931 | ) | - |  |

| Depreciation in excess of capital allowances | - |  | 29,313 |  |

| Deferred tax movement | (15,452 | ) | (16,840 | ) |

| Total tax charge | 335,163 |  | 111,665 |  |

7. | DIVIDENDS

| 2025 |  | 2024

£ | £ |

| Ordinary shares of 1 each

| Interim | 1,043,774 |  | 405,251 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

8. | TANGIBLE FIXED ASSETS

| Fixtures

| Long |  | Plant and |  | and

| leasehold |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 March 2024 | 240,045 |  | 354,594 |  | 8,251 |  |

| Additions | - |  | - |  | 223 |  |

| Disposals | - |  | - |  | - |  |

| At 28 February 2025 | 240,045 |  | 354,594 |  | 8,474 |  |

| DEPRECIATION

| At 1 March 2024 | - |  | 319,528 |  | 7,459 |  |

| Charge for year | - |  | 26,349 |  | 303 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 28 February 2025 | - |  | 345,877 |  | 7,762 |  |

| NET BOOK VALUE

| At 28 February 2025 | 240,045 |  | 8,717 |  | 712 |  |

| At 29 February 2024 | 240,045 |  | 35,066 |  | 792 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 March 2024 | 1,041,986 |  | 32,479 |  | 1,677,355 |  |

| Additions | 256,043 |  | 9,789 |  | 266,055 |  |

| Disposals | (137,186 | ) | - |  | (137,186 | ) |

| At 28 February 2025 | 1,160,843 |  | 42,268 |  | 1,806,224 |  |

| DEPRECIATION

| At 1 March 2024 | 826,917 |  | 27,334 |  | 1,181,238 |  |

| Charge for year | 115,876 |  | 2,757 |  | 145,285 |  |

| Eliminated on disposal | (87,931 | ) | - |  | (87,931 | ) |

| At 28 February 2025 | 854,862 |  | 30,091 |  | 1,238,592 |  |

| NET BOOK VALUE

| At 28 February 2025 | 305,981 |  | 12,177 |  | 567,632 |  |

| At 29 February 2024 | 215,069 |  | 5,145 |  | 496,117 |  |

9. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 3,104 |  | 4,764 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 6,808 |  | 1,870 |  |

| Directors' current accounts | 1,176 |  | 127,545 |  |

| VAT | 415,552 |  | 341,482 |  |

| Prepayments and accrued income | 2,105,642 |  | 2,264,794 |  |

2,529,178 |  | 2,735,691 |  |

11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 2,325,160 |  | 2,566,545 |  |

| Site logistics Ltd | 16,286 |  | 8,651 |  |

| Tax | 350,615 |  | 221,780 |  |

| Social security and other taxes | 5,903 |  | 1,459 |  |

| Other creditors | 6,766 |  | 4,274 |  |

| Accrued expenses | 2,053,227 |  | 614,210 |  |

4,757,957 |  | 3,416,919 |  |

12. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 162,344 |  | - |  |

| Between one and five years | 169,875 |  | - |  |

332,219 |  | - |  |

13. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 64,735 |  | 80,187 |  |

| Deferred |

| tax |

£ |

| Balance at 1 March 2024 | 80,187 |  |

| Net movement | (15,452 | ) |

| Balance at 28 February 2025 | 64,735 |  |

| TECHJOINT LIMITED (REGISTERED NUMBER: 08107671) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

14. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | 1 | 1,000 |  | 1,000 |  |

15. | RESERVES

| Retained

| earnings

£ |

| At 1 March 2024 | 3,265,490 |  |

| Profit for the year | 976,584 |  |

| Dividends | (1,043,774 | ) |

| At 28 February 2025 | 3,198,300 |  |

16. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| M J P Healy

| Balance outstanding at start of year | (127,544 | ) | 688 |  |

| Amounts advanced | 1,171,374 |  | 405,252 |  |

| Amounts repaid | (1,045,006 | ) | (533,484 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (1,176 | ) | (127,544 | ) |

17. | RELATED PARTY DISCLOSURES

| The director Mr M Healy holds a participating interest in Site Logistic Ltd.

| During the year, Techjoint Ltd received a loan £7,635 from Site Logistic Ltd. At the year end a balance of £16,286 (2024: £8,651) was owed to Site Logistic Ltd. The loan is unsecured, interest free and payable on demand.

18. | FIRST YEAR ADOPTION

| These financial statements for the year ended 28th February 2025 are the first that are prepared in accordance with full FRS 102, the previous accounts were prepared in accordance with FRS 102 1A for small companies, the transition date was the 1st March 2024.