REGISTERED NUMBER: 02625537 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

HM TECHNOLOGY INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs D Mamigonians

Dr H M Mamigonians

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

02625537 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Intangible assets

4

80,308

69,428

Tangible assets

5

105,799

121,387

186,107

190,815

CURRENT ASSETS

Debtors

6

30,037

41,069

Cash at bank

11,115

12,128

41,152

53,197

CREDITORS

Amounts falling due within one year

7

174,088

230,258

NET CURRENT LIABILITIES

(132,936

)

(177,061

)

TOTAL ASSETS LESS CURRENT LIABILITIES

53,171

13,754

PROVISIONS FOR LIABILITIES

26,450

30,347

NET ASSETS/(LIABILITIES)

26,721

(16,593

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

26,719

(16,595

)

SHAREHOLDERS' FUNDS

26,721

(16,593

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

Dr H M Mamigonians - Director

1.	STATUTORY INFORMATION

HM Technology International 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.

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.

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the company's net current liabilities position as at the year end. The directors of the company have provided with an undertaking that they will continue to support financially for the foreseeable future and that they will not seek repayment of the amounts currently owing to them in the twelve months from the date of signing the financial statements.

Turnover

Turnover represents consultancy fees receivable during the year. Revenue is recognised when the consideration is due for the services provided.

Tangible fixed assets

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

Freehold property - 10% on cost

Improvements to property - 10% on cost

Plant and machinery - 33.33% on cost

Fixtures and fittings - 15% reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

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.

Patents

Patents are valued at cost less accumulated amortisation.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 20 years.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 September 2024

118,321

Additions

17,433

At 31 August 2025

135,754

AMORTISATION

At 1 September 2024

48,893

Amortisation for year

6,553

At 31 August 2025

55,446

NET BOOK VALUE

At 31 August 2025

80,308

At 31 August 2024

69,428

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 September 2024

39,165

157,912

41,811

41,113

280,001

Additions

-

-

1,868

-

1,868

At 31 August 2025

39,165

157,912

43,679

41,113

281,869

DEPRECIATION

At 1 September 2024

39,165

43,402

41,383

34,664

158,614

Charge for year

-

15,791

697

968

17,456

At 31 August 2025

39,165

59,193

42,080

35,632

176,070

NET BOOK VALUE

At 31 August 2025

-

98,719

1,599

5,481

105,799

At 31 August 2024

-

114,510

428

6,449

121,387

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued income

10,165

38,249

Other debtors

19,872

2,820

30,037

41,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

38,105

42,310

Taxation and social security

9,644

23,388

Other creditors

126,339

164,560

174,088

230,258

8.	RELATED PARTY DISCLOSURES

Included within creditors as at the year end is £118,441 (2024: £153,624), an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms of repayment.