REGISTERED NUMBER: 07920417 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Technology 365 UK LTD

Previously known as

Al-Ahmed Enterprises (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

F Syed

REGISTERED OFFICE:

Unit B-5 Millbrook Business Centre

Floats Road

Roundthorn Industrial Estate

Manchester

M23 9YJ

REGISTERED NUMBER:

07920417 (England and Wales)

ACCOUNTANTS:

HSY Accountants Ltd

Chartered Certified Accountants &

Statutory Auditors

20 Tadworth Parade

Elm Park

RM12 5AS

FIXED ASSETS

Tangible assets

4

11,834

15,224

CURRENT ASSETS

Stocks

5

682,621

735,116

Debtors

6

776,336

727,270

Cash at bank

373

95

1,459,330

1,462,481

CREDITORS

Amounts falling due within one year

7

789,538

822,425

NET CURRENT ASSETS

669,792

640,056

TOTAL ASSETS LESS CURRENT LIABILITIES

681,626

655,280

CREDITORS

Amounts falling due after more than one year

8

42,377

125,446

NET ASSETS

639,249

529,834

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

639,248

529,833

SHAREHOLDERS' FUNDS

639,249

529,834

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

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

The director acknowledges his 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 director and authorised for issue on 11 June 2026 and were signed by:

F Syed - Director

1.	STATUTORY INFORMATION

Technology 365 UK LTD 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

15% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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

The average number of employees during the year was 21 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

5,950

2,615

14,040

22,605

DEPRECIATION

At 1 April 2024

2,678

392

4,311

7,381

Charge for year

892

392

2,106

3,390

At 31 March 2025

3,570

784

6,417

10,771

NET BOOK VALUE

At 31 March 2025

2,380

1,831

7,623

11,834

At 31 March 2024

3,272

2,223

9,729

15,224

5.

STOCKS

31.3.25

31.3.24

£

£

Finished goods

682,621

735,116

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

683,157

656,296

Other debtors

63,270

56,176

VAT

29,909

14,798

776,336

727,270

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

52,461

45,479

Trade creditors

336,161

385,908

Tax

109,077

41,173

Social security and other taxes

41,251

4,776

Other creditors

214,700

214,700

Wages control account

2,402

28,395

Pension

1,909

2,031

Directors' current accounts

31,577

99,963

789,538

822,425

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

42,377

125,446

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2024

529,833

Profit for the year

189,415

Dividends

(80,000

)

At 31 March 2025

639,248

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is F Syed.