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Registered number: 04986159 J2 Systems Technology Limited Annual Report and Financial Statements For the year ended 31 December 2025
J2 Systems Technology Limited Company Information
Directors | M C Chiang
| T Liu
Registered number | 04986159
Registered office | Unit 2 Sycamore Court
| Warrington Road
| Manor Park
| Runcorn
| Cheshire
| WA7 1RS
Independent auditors | Hurst Accountants Limited
| Chartered Accountants & Statutory Auditors
| 3 Stockport Exchange
| Stockport
| Cheshire
| SK1 3GG
J2 Systems Technology Limited Contents
| Page
Strategic Report | 1
Directors' Report | 2 - 3
Independent Auditors' Report | 4 - 7
Statement of Comprehensive Income | 8
Balance Sheet | 9
Statement of Changes in Equity | 10
Notes to the Financial Statements | 11 - 15
J2 Systems Technology Limited Strategic Report For the year ended 31 December 2025
Introduction
The directors present their strategic report for the year ended 31 December 2025.
Business review
The principal activity of the company is that of an intermediate holding company for a group of companies based in the USA and Australia.
Principal risks and uncertainties
The principal risk is the impairment of investments in subsidiaries. This risk is mitigated through ongoing oversight of the performance of the underlying subsidiaries by group management, including regular review of financial information and results. This report was approved by the board and signed on its behalf.
T Liu Director
Date: 6 August 2026
Page 1
J2 Systems Technology Limited Directors' Report For the year ended 31 December 2025 The directors present their report and the financial statements for the year ended 31 December 2025.
Directors' responsibilities statement
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the Company's financial statements and then apply them consistently; ∙make judgements and accounting estimates that are reasonable and prudent; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Results and dividends
The profit for the year, after taxation, amounted to £NIL (2024 -£1,263,235). Dividends totalling £NIL (2024: £1,263,235) were declared and paid during the year. The directors do not recommend the payment of a final dividend.
Directors
The directors who served during the year were:
M Boyd (resigned 6 April 2025)
M C Chiang
T Liu
Future developments
The principal activity of the company will continue to be that of an intermediate holding company for a group of companies based in the USA and Australia. Page 2
J2 Systems Technology Limited Directors' Report (continued) For the year ended 31 December 2025
Disclosure of information to auditors
Each of the persons who are directors at the time when this Directors' report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.
Post balance sheet events
There have been no significant events affecting the Company since the year end.
Auditors
The auditors, Hurst Accountants Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. This report was approved by the board and signed on its behalf.
T Liu Director
Date: 6 August 2026
Page 3
J2 Systems Technology Limited Independent Auditors' Report to the Members of J2 Systems Technology Limited
Opinion
We have audited the financial statements of J2 Systems Technology Limited (the 'Company') for the year ended 31 December 2025, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: ∙give a true and fair view of the state of the Company's affairs as at 31 December 2025 and of its result for the year then ended; ∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Page 4
J2 Systems Technology Limited Independent Auditors' Report to the Members of J2 Systems Technology Limited (continued)
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: ∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: ∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or ∙the financial statements are not in agreement with the accounting records and returns; or ∙certain disclosures of directors' remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. Page 5
J2 Systems Technology Limited Independent Auditors' Report to the Members of J2 Systems Technology Limited (continued)
Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Identifying and assessing potential risks related to irregularities In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: ∙The nature of the industry and sector in which the company operates; the control environment and business performance including key drivers for directors' remuneration, bonus levels and performance targets. ∙The outcome of enquiries of local management and parent company management, including whether management was aware of any instances of non-compliance with laws and regulations, and whether management had knowledge of any actual, suspected, or alleged fraud. ∙Supporting documentation relating to the Company's policies and procedures for: °Identifying, evaluating, and complying with laws and regulations °Detecting and responding to the risks of fraud ∙The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. ∙The outcome of discussions amongst the engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. ∙The legal and regulatory framework in which the Company operates, particularly those laws and regulations which have a direct effect on the financial statements, such as the Companies Act 2006, pensions and tax legislation, or which had a fundamental effect on the operations of the Company, including General Data Protection requirements, and Anti-bribery and Corruption. Audit response to risks identified Our procedures to respond to the risks identified included the following: ∙Reviewing the financial statements disclosures and testing to supporting documentation to assess compliance with the provisions of those relevant laws and regulations which have a direct effect on the financial statements. ∙Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud. ∙Evaluation of the operating effectiveness of management’s controls designed to prevent and detect irregularities. ∙Enquiring of management about any actual and potential litigation and claims. ∙Performing analytical procedures to identify any unusual or unexpected relationships which may indicate risks of material misstatement due to fraud. Page 6
J2 Systems Technology Limited Independent Auditors' Report to the Members of J2 Systems Technology Limited (continued) We have also considered the risk of fraud through management override of controls by: ∙Testing the appropriateness of journal entries and other adjustments. ∙Challenging assumptions made by management in their significant accounting estimates, and assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and ∙Evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. There are inherent limitations in the audit procedures described above, and the further removed non-compliance with laws and regulations are from the events and transactions reflected in the financial statements, the less likely we would become aware of them. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Use of our report
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed. Chris Stewardson (Senior Statutory Auditor) for and on behalf of Hurst Accountants Limited Chartered Accountants & Statutory Auditors 3 Stockport Exchange Stockport Cheshire SK1 3GG 6 August 2026 Page 7
J2 Systems Technology Limited Statement of Comprehensive Income For the year ended 31 December 2025
| 2025 | 2024
| £ | £
Income from shares in group undertakings |  | - | 1,263,235
Profit before tax |  | - | 1,263,235
Tax on profit | 6 | - | -
Profit for the financial year |  | - | 1,263,235
There was no other comprehensive income for 2025 (2024:£NIL).
The notes on pages 11 to 15 form part of these financial statements.
Page 8
J2 Systems Technology Limited Registered number: 04986159 Balance Sheet As at 31 December 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 8 |  | 6,001 |  | 6,001
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 9 | 73,466 |  | 73,466 |
Total assets less current liabilities |  |  | 79,467 |  | 79,467
Net assets |  |  | 79,467 |  | 79,467
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 42,229 |  | 42,229
Share premium account | 11 |  | 21,748 |  | 21,748
Capital redemption reserve | 11 |  | 12,750 |  | 12,750
Profit and loss account | 11 |  | 2,740 |  | 2,740
|  |  | 79,467 |  | 79,467
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
T Liu
Director
Date: 6 August 2026
The notes on pages 11 to 15 form part of these financial statements. Page 9
J2 Systems Technology Limited Statement of Changes in Equity For the year ended 31 December 2025
| Called up share capital | Share premium account | Capital redemption reserve | Profit and loss account | Total equity
| £ | £ | £ | £ | £
At 1 January 2024 | 42,229 | 21,748 | 12,750 | 2,740 | 79,467
Comprehensive income for the year |  |  |  |  |
Profit for the year | - | - | - | 1,263,235 | 1,263,235
Contributions by and distributions to owners |  |  |  |  |
Dividends: Equity capital | - | - | - | (1,263,235) | (1,263,235)
At 1 January 2025 | 42,229 | 21,748 | 12,750 | 2,740 | 79,467
Total comprehensive income for the year | - | - | - | - | -
Total transactions with owners | - | - | - | - | -
At 31 December 2025 | 42,229 | 21,748 | 12,750 | 2,740 | 79,467
| The notes on pages 11 to 15 form part of these financial statements.
Page 10
J2 Systems Technology Limited Notes to the Financial Statements For the year ended 31 December 2025
1. | General information
J2 Systems Technology Limited is a private company limited by shares and incorporated in England. The company's registered number is 04986159. The address of the registered office and the principal place of business is Unit 2 Sycamore Court, Warrington Road, Manor Park, Runcorn, Cheshire, WA7 1RS. The principal activity of the company during the year was that of a holding company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3). The following principal accounting policies have been applied:
| 2.2 | 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 the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": - the requirements of Section 7 Statement of Cash Flows; - the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d). This information is included in the consolidated financial statements of Advantech Co., Ltd as at 31 December 2025 and these financial statements may be obtained from the group's website - www.advantech.com.
| 2.3 | Exemption from preparing consolidated financial statements
The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.
| 2.4 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.5 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.6 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Page 11
J2 Systems Technology Limited Notes to the Financial Statements For the year ended 31 December 2025
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
Preparation of the financial statements requires management to make judgements and estimates that affect amounts recognised for assets and liabilities at the reporting date and the amounts of revenue and expenses incurred during the reporting period. Actual outcomes may differ from these judgements, estimates and assumptions. The directors believe that judgements, estimates and assumptions do not have a significant risk of causing a material difference to the carrying amount of the assets and liabilities within the next financial year.
4. | Auditors' remuneration
| During the year, the Company obtained the following services from the Company's auditors:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the Company's auditors for the audit of the Company's financial statements | 1,650 | 1,575
| Fees payable to the Company's auditors for the audit of the Company's financial statements were £1,650 (2024: £1,575). These fees were borne by another group undertaking.
5. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
6. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Total current tax | - | -
| Deferred tax |  |
| Total deferred tax | - | -
| Tax on profit | - | -
Page 12
J2 Systems Technology Limited Notes to the Financial Statements For the year ended 31 December 2025 6.Taxation (continued)
| Factors affecting tax charge for the year
| The tax assessed for the year is the same as (2024 -lower than) the standard rate of corporation tax in the UK of 25% (2024 -25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit on ordinary activities before tax | - | 1,263,235
| Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 -25%) | - | 315,809
| Effects of: |  |
| Non-taxable income | - | (315,809)
| Total tax charge for the year | - | -
| Factors that may affect future tax charges
There were no factors that may affect future tax charges.
7. | Dividends
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Dividends paid | - | 1,263,235
8. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 January 2025 | 6,001
| At 31 December 2025 | 6,001
Page 13
J2 Systems Technology Limited Notes to the Financial Statements For the year ended 31 December 2025
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Class of shares | Holding
| Aures Technologies (Pty) Ltd | Ordinary - | 100% -
| Aures Technologies, Inc. | Ordinary - | 100% -
| The principal activity of Aures Technologies (Pty) Ltd and Aures Technologies, Inc. is the sale of PC based touch screen computers and peripherals. The registered office of Aures Technologies (Pty) Ltd is Unit 6 83/85 Boundary Road, Mortdale, NSW 2223, Australia. The registered office of Aures Technologies, Inc. is 1671 Fenton Business Park Court, Fenton, MO 63026, United States of America.
9. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 73,466 | 73,466
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 10,837 Ordinary A1 shares of £1.00 each | 10,837 | 10,837
|  | 10,837 Ordinary B1 shares of £1.00 each | 10,837 | 10,837
|  | 10,837 Ordinary C1 shares of £1.00 each | 10,837 | 10,837
|  | 1,913 Ordinary A2 shares of £1.00 each | 1,913 | 1,913
|  | 1,913 Ordinary B2 shares of £1.00 each | 1,913 | 1,913
|  | 1,913 Ordinary C2 shares of £1.00 each | 1,913 | 1,913
|  | 3,979 Ordinary shares of £1.00 each | 3,979 | 3,979
|  |  | 42,229 | 42,229
| The Ordinary A1, A2, B1, B2, C1 and C2 shares rank pari passu in all respects.
Page 14
J2 Systems Technology Limited Notes to the Financial Statements For the year ended 31 December 2025
11. | Reserves
Share premium account The share premium account includes any premium received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium. Capital redemption reserve The capital redemption reserve is an undistributable reserve, representing reductions in share capital. Profit and loss account The profit and loss account includes all current and prior period retained profits and losses.
12. | Related party transactions
| In preparing these financial statements, the directors have taken advantage of the exemptions available under section 33 paragraph 1A of the Financial Reporting Standard 102, and have not disclosed transactions entered into between wholly owned group undertakings.
13. | Controlling party
The immediate parent company is AURES Technologies S.A., a company incorporated in France. The ultimate parent company, and the smallest and largest group in which the results of the Company are consolidated, is Advantech Co., Ltd., a company listed on the Taiwan Stock Exchange, stock code 2395. The consolidated financial statements of Advantech Co., Ltd. may be obtained from the group's website - www.advantech.com.
Page 15