REGISTERED NUMBER: 04570946 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Aures Technologies Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

8,575

5,179

CURRENT ASSETS

Stocks

5

958,783

1,149,562

Debtors

6

641,939

831,187

Cash at bank and in hand

2,175,814

1,668,309

3,776,536

3,649,058

CREDITORS

Amounts falling due within one year

7

1,284,065

963,552

NET CURRENT ASSETS

2,492,471

2,685,506

TOTAL ASSETS LESS CURRENT LIABILITIES

2,501,046

2,690,685

PROVISIONS FOR LIABILITIES

26,324

181,069

NET ASSETS

2,474,722

2,509,616

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Other reserves

97,986

97,986

Retained earnings

2,371,736

2,406,630

SHAREHOLDERS' FUNDS

2,474,722

2,509,616

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

Mr T Liu - Director

1.	STATUTORY INFORMATION

Aures Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04570946

Registered office:

c/o Browne Jacobson LLP

6 Bevis Marks

London

EC3A 7BA

The presentation currency of the financial statements is the Pound Sterling (£).

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies applied in the financial statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated.

The preparation of financial statements in conformity with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed below.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved, and therefore the financial statements have been prepared on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

- the requirements of Section 7 Statement of Cash Flows;

- the requirement of paragraph 3.17(d);

- the requirement of paragraph 33.7.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group and key management personal compensation.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the previously agreed upon payment. These criteria are considered to be met when the goods are delivered to the buyer.

Turnover on maintenance and warranty contracts is recognised over the period of the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over the life of the lease

Fixtures and fittings

-

Straight line over 3 -5 years

Computer equipment

-

Straight line over 3 years

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Stocks are recognised as an expense in the period in which the related revenue is recognised.

Cost is determined on the weighted average method.

At each reporting date stocks are assessed for their impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to sell. The impairment loss is recognised immediately in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies

(i) Functional and presentation currency

The company's functional and presentation currency is the pound sterling.

(ii) Transactions and balances

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

At inception the company assesses agreements that transfer the right to use assets. Leases that do not transfer all the risks and rewards of ownership are classified as operating leases.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Dividends

Dividends and other distributions to the company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Critical accounting estimates and assumptions

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

Warranty provision

The company supplies products with a warranty. As a result, the financial statements include a provision for the estimated warranty costs that will be incurred in future periods in relation to its product sales. The provision is calculated based on historical data of the warranty costs incurred and turnover on a monthly basis and this is applied to turnover on product sales taking into account the warranty period remaining at the balance sheet date.

Stock provision

The company sells PC based touch screen computers and peripherals and is subject to changing customer demands and technological changes. As a result, it is necessary to consider the recoverability of the cost of stocks and the associated provisioning required. When calculating the stock provision, management considers the nature and condition of the stock, as well as reviewing sales and purchase history.

Impairment of debtors

The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

220,368

35,695

129,580

385,643

Additions

-

-

7,926

7,926

Disposals

-

-

(14,021

)

(14,021

)

At 31 December 2025

220,368

35,695

123,485

379,548

DEPRECIATION

At 1 January 2025

220,368

35,141

124,955

380,464

Charge for year

-

350

4,125

4,475

Eliminated on disposal

-

-

(13,966

)

(13,966

)

At 31 December 2025

220,368

35,491

115,114

370,973

NET BOOK VALUE

At 31 December 2025

-

204

8,371

8,575

At 31 December 2024

-

554

4,625

5,179

5.

STOCKS

2025

2024

£

£

Stocks

958,783

1,149,562

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

351,703

571,029

Amounts owed by group undertakings

2,661

514

Other debtors

287,575

259,644

641,939

831,187

Amounts owed by group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

34,231

61,559

Amounts owed to group undertakings

264,611

295,692

Taxation and social security

103,337

60,077

Other creditors

881,886

546,224

1,284,065

963,552

Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

9,680

65,955

Between one and five years

3,012

11,828

12,692

77,783

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Jeremy Bostock BA (Hons) BFP FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent undertaking and controlling party is Aures Technologies SA, a company incorporated in France.

The company's ultimate controlling party is Advantech Co. Ltd who are based in Taiwan.