Ekwis Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10332285

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		44,515		56,715

			44,515		56,715
CURRENT ASSETS
Debtors	4	364,242		276,447
Investments	5	38,412		38,412
Cash at bank and in hand		4,131		29,857

		406,785		344,716
Creditors: Amounts Falling Due Within One Year	6	(115,041 )		(69,542 )

NET CURRENT ASSETS (LIABILITIES)			291,744		275,174

TOTAL ASSETS LESS CURRENT LIABILITIES			336,259		331,889

Creditors: Amounts Falling Due After More Than One Year	7		(25,333 )		(30,777 )

NET ASSETS			310,926		301,112

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			310,925		301,111

SHAREHOLDERS' FUNDS			310,926		301,112

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Ekwis Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account.

On behalf of the board

Mr Matthew Knight

Director

14/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. Accounting Policies

1.1. 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.

1.2. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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	25% straight line
Motor Vehicles	18% reducing balance
Computer Equipment	33% straight line

1.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

1.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

1.6. 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.

...CONTINUED

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Ekwis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

1.6. Taxation - continued

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.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

3. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	14,092	53,490	30,178	97,760
Additions	198	-	2,217	2,415

As at 31 August 2025	14,290	53,490	32,395	100,175

Depreciation
As at 1 September 2024	7,595	4,814	28,636	41,045
Provided during the period	3,572	8,762	2,281	14,615

As at 31 August 2025	11,167	13,576	30,917	55,660

Net Book Value
As at 31 August 2025	3,123	39,914	1,478	44,515

As at 1 September 2024	6,497	48,676	1,542	56,715

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	82,429	20,702
Director's loan account	-	5,702

	82,429	26,404
Due after more than one year
Other debtors	281,813	250,043

	364,242	276,447

5. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	38,412	38,412

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Ekwis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,801	4,373
Trade creditors	15,482	14,805
Corporation tax	58,477	27,077
VAT	39,281	23,287

	115,041	69,542

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,333	30,777

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,017	8,017
Later than one year and not later than five years	26,833	34,850

	34,850	42,867
Less: Finance charges allocated to future periods	7,716	7,717

	27,134	35,150

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	173,297	42,579

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