REGISTERED NUMBER: SC767622 (Scotland)

Unaudited Financial Statements

for the Period 1 May 2025 to 31 December 2025

for

Tual Technology Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr P Clarke

Ms C L Miller

REGISTERED OFFICE:

48 Clyde Offices

2nd Floor

West George Street

Glasgow

G2 1BP

REGISTERED NUMBER:

SC767622 (Scotland)

ACCOUNTANTS:

DUX Advisory Limited

Chartered Accountants

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

FIXED ASSETS

Intangible assets

4

409,595

68,831

Tangible assets

5

20,953

6,137

430,548

74,968

CURRENT ASSETS

Debtors

6

80,061

13,788

Cash at bank

1,094,265

45,672

1,174,326

59,460

CREDITORS

Amounts falling due within one year

7

255,636

103,798

NET CURRENT ASSETS/(LIABILITIES)

918,690

(44,338

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,349,238

30,630

PROVISIONS FOR LIABILITIES

5,238

1,534

NET ASSETS

1,344,000

29,096

CAPITAL AND RESERVES

Called up share capital

149

113

Share premium

1,724,956

249,988

Retained earnings

(381,105

)

(221,005

)

1,344,000

29,096

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 13 July 2026 and were signed on its behalf by:

Mr P Clarke - Director

1.	STATUTORY INFORMATION

Tual Technology Ltd is a private company, limited by shares , registered in Scotland. 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation of development costs is allocated to profit and loss on a systematic basis over the asset's useful life. Amortisation occurs when the asset is available for use and is in the location and condition necessary for it to be used as intended by management.

Tangible fixed assets

Tangible fixed assets are initially recognised at cost and subsequently measured at cost less accumulated depreciation and impairment. Where parts of an item of tangible fixed assets have different useful lives, they are accounted for as a separate item of tangible fixed assets.

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

estimated life, on a straight line basis or, if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery- 25% on straight line

Fixtures & fittings- 25% on straight line

Computer equipment- 25% on straight line

Taxation

Taxation for the period 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 period 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 period was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 May 2025

68,831

Additions

340,764

At 31 December 2025

409,595

NET BOOK VALUE

At 31 December 2025

409,595

At 30 April 2025

68,831

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2025

5,197

3,218

1,757

10,172

Additions

983

14,840

3,990

19,813

At 31 December 2025

6,180

18,058

5,747

29,985

DEPRECIATION

At 1 May 2025

2,598

805

632

4,035

Charge for period

1,030

3,009

958

4,997

At 31 December 2025

3,628

3,814

1,590

9,032

NET BOOK VALUE

At 31 December 2025

2,552

14,244

4,157

20,953

At 30 April 2025

2,599

2,413

1,125

6,137

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

30.4.25

£

£

Amounts owed by associates

-

330

Other debtors

80,061

13,458

80,061

13,788

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

30.4.25

£

£

Trade creditors

86,179

6,637

Amounts owed to associates

71,340

-

Taxation and social security

630

1,617

Other creditors

97,487

95,544

255,636

103,798

8.	RELATED PARTY DISCLOSURES

At 31 December 2025, the company owed £93,939 (2024: £5,011) to its director. The loan is interest-free and repayable on demand. No other terms or conditions are attached to this loan.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tual Technology Ltd for the period ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tual Technology Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tual Technology Ltd and state those matters that we have agreed to state to the Board of Directors of Tual Technology Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tual Technology Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tual Technology Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Tual Technology Ltd. You consider that Tual Technology Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Tual Technology Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

DUX Advisory Limited

Chartered Accountants

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

13 July 2026