H&M Technologies Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

1. General Information

H&M Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15171113 . The registered office is 14 Lamprey Court, Birmingham, B37 7GB.

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 FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered in the normal course of business, net of discounts, value added taxes and other applicable sales taxes.

Rendering of services

Turnover from the rendering of engineering consultancy services is recognised in the period in which the services are performed.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged to the income statement at the following rates in order to write off the cost of the assets, less their estimated residual value, over their estimated useful lives:

Plant & Machinery	33% straight line
Fixtures & Fittings	33% straight line
Computer Equipment	33% straight line

2.5. Stocks and Work in Progress

Stocks comprise goods held for resale, and are stated at the lower of cost and net realisable value. Net realisable value is the actual or estimated selling price less all further costs of completion and to be incurred in marketing, selling and distribution. Cost is calculated using the weighted-average method and includes invoice price, import duties and transportation costs.

At the end of each reporting period, inventories are assessed for impairment. If an item of stock is impaired, the identified inventory is reduced to its selling price less costs to complete and sell, and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is recognised, the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

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H&M Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Financial Instruments

Basic financial instruments

Cash and cash equivalents, and trade and other debtors and creditors, are classified as basic financial instruments.

Basic financial instruments not constituting financing transactions are initially recognised at transaction price. For arrangements constituting financing transactions, different recognition criteria apply:

Loans to the company from a person who is within a director's group of close family members that contains at least one shareholder are also initially recognised at transaction price.

All other arrangements constituting financing transactions are initially recognised at the present value of the future payments or receipts discounted at a market rate of interest.

Subsequent to initial recognition:

Basic financial instruments classified as payable or receivable after more than one year are measured at amortised cost using the effective interest method.

Basic financial instruments classified as payable or receivable within one year are only amortised if the effect is material.

Cash and cash equivalents

Cash in hand, bank balances, and short-term deposits with an original maturity of three months or less, which are readily convertible to known amounts of cash and subject to an insignificant risk of changes in value, are classified as cash and cash equivalents. These amounts are included in 'Cash at bank and in hand' on the statement of financial position.

Bank overdrafts are generally classified separately as creditors under current liabilities. However, if overdrafts are repayable on demand and the company has a legally enforceable right to set them off against cash and cash equivalents, they may be offset in certain circumstances.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case the current tax is also recognised in other comprehensive income or directly in equity respectively.

2.9. Presentation Currency

The financial statements are presented in £ sterling, which is the functional currency of the company.

2.10. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors' report, and notes to the financial statements relating to the income statement.

3. Average Number of Employees

The average number of employees, including directors and other officers, during the year was: 2 (2024: 2)

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H&M Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	2,082	-	3,549	5,631
Additions	-	372	3,262	3,634

As at 31 December 2025	2,082	372	6,811	9,265

Depreciation
As at 1 January 2025	173	-	1,203	1,376
Provided during the period	694	10	1,279	1,983

As at 31 December 2025	867	10	2,482	3,359

Net Book Value
As at 31 December 2025	1,215	362	4,329	5,906

As at 1 January 2025	1,909	-	2,346	4,255

5. Stocks

	31 December 2025	31 December 2024
	£	£
Finished goods	833	833

6. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	28,223	-
Directors' loan accounts	6,503	8,539

	34,726	8,539

7. Creditors: Amounts falling due within one year

	31 December 2025	31 December 2024
	£	£
Trade creditors	240	-
Corporation tax	22,906	16,951
VAT	6,339	5,254

	29,485	22,205

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H&M Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	31 December 2025	31 December 2024
Allotted, called up and fully paid	£	£
2 Ordinary shares of £ 1.00 each	2	2

9. Directors Advances, Credits and Guarantees

Loans to directors

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Muhammad Ali	7,340	21,350	27,554	-	1,136
Mrs Ammara Khalid	1,199	19,059	14,891	-	5,367

The above loans are interest-free, unsecured and repayable on demand.

Maximum balances outstanding during year:

Mr Muhammad Ali: £9,007

Mrs Ammara Khalid: £9,968

Totals:

Loans outstanding at start of period: £8,539

Amounts advanced: £40,409

Amounts repaid: £42,445

Loans outstanding at end of period: £6,503

10. Dividends

	31 December 2025	31 December 2024
	£	£
On equity shares:
Interim dividend paid	64,800	47,400

11. Related Party Transactions

During the year, the company entered into the following transactions with related parties:

Owners holding a participating interest

During the year, the company entered into transactions with Mr M Ali and Mrs A Khalid, both directors and shareholders with a participating interest. These transactions were processed via their director's loan accounts. Credits routinely comprised net remuneration, distributions, and other funds introduced, while debits routinely comprised ad hoc drawings and personal payments.

The maximum net credit balance due to Mr M Ali was £18,400 (2024: £1,244). At the statement of financial position date, there was an outstanding debit balance of £1,136 (2024: £7,340).

This amount is interest-free, unsecured and repayable on demand.

The maximum net credit balance due to Mrs A Khalid, the spouse of Mr M Ali, was £4,403 (2024: £1,304). At the statement of financial position date, there was an outstanding debit balance of £5,367 (2024: £1,199).

This amount is interest-free, unsecured and repayable on demand.

Full details of the gross advances, repayments, and terms relating to the overdrawn periods of these accounts are disclosed within the Directors' Advances, Credits and Guarantees note.

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		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	4		5,906		4,255

			5,906		4,255
CURRENT ASSETS
Stocks	5	833		833
Debtors	6	34,726		8,539
Cash at bank and in hand		22,851		28,957

		58,410		38,329
Creditors: Amounts falling due within one year	7	(29,485 )		(22,205 )

NET CURRENT ASSETS (LIABILITIES)			28,925		16,124

TOTAL ASSETS LESS CURRENT LIABILITIES			34,831		20,379

NET ASSETS			34,831		20,379

CAPITAL AND RESERVES
Called up share capital	8		2		2
Income Statement			34,829		20,377

SHAREHOLDERS' FUNDS			34,831		20,379