Itech Projects Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Itech Projects Ltd for the year ended 31 December 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Itech Projects Ltd which comprise the Profit and Loss Account, the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Itech Projects Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Itech Projects Ltd and state those matters that we have agreed to state to the director of Itech Projects Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Itech Projects Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Itech Projects Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Itech Projects Ltd . You consider that Itech Projects Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Itech Projects 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 financial statements.

CKR & Associates

31 August 2026

C K R

Chartered Certified Accountants

CKR House

70 East Hill

Dartford

Kent

DA1 1RZ

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Itech Projects Ltd

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 11100242

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,675		15,263
Tangible Assets	5		2,921		1,589

			15,596		16,852
CURRENT ASSETS
Debtors	6	230		80
Cash at bank and in hand		2,330		2,337

		2,560		2,417
Creditors: Amounts Falling Due Within One Year	7	(18,925 )		(18,425 )

NET CURRENT ASSETS (LIABILITIES)			(16,365 )		(16,008 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(769 )		844

NET (LIABILITIES)/ASSETS			(769 )		844

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(770 )		843

SHAREHOLDERS' FUNDS			(769)		844

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Itech Projects Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Antony Howard

Director

31 August 2026

The notes on pages 4 to 6 form part of these financial statements.

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Itech Projects Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Itech Projects Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number 11100242 . The registered office is CKR House, 70 East hill, Dartford, Kent, UK, DA1 1RZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.

At the balance sheet date, the company’s liability for the period ended 31 December 2023 exceeds its assets. The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.

The director has therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are software development. It is amortised profit and loss account based on 20% straight line method

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance method
Fixtures & Fittings	25% reducing balance method
Computer Equipment	25% reducing balance method

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Itech Projects Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	35,354
Additions	5,603

As at 31 December 2025	40,957

Amortisation
As at 1 January 2025	20,091
Provided during the period	8,191

As at 31 December 2025	28,282

Net Book Value
As at 31 December 2025	12,675

As at 1 January 2025	15,263

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	417	6,509	6,926
Additions	-	1,999	1,999

As at 31 December 2025	417	8,508	8,925

Depreciation
As at 1 January 2025	362	4,975	5,337
Provided during the period	14	653	667

As at 31 December 2025	376	5,628	6,004

Net Book Value
As at 31 December 2025	41	2,880	2,921

As at 1 January 2025	55	1,534	1,589

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	230	80

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Director's loan account	18,925	18,425

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Itech Projects Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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