I-Exceed Technology Solutions Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

1. General Information

I-Exceed Technology Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12235926 . The registered office is 3 More London Place First Floor, London, SE1 2RE.

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. Turnover

Revenue from provision of services is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured excluding discounts, rebates and Value Added Taх.

2.3. 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:

Office equipment - 20% straight line basis

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.

If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

...CONTINUED

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I-Exceed Technology Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Financial Instruments - continued

Basic financial liabilities, including creditors, bank loans, loans from fellow company companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

2.6. Taxation

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

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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 4)

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I-Exceed Technology Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Office equipment
	£
Cost
As at 1 April 2025	904

As at 31 March 2026	904

Depreciation
As at 1 April 2025	724
Provided during the period	180

As at 31 March 2026	904

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	180

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2025	22,687

As at 31 March 2026	22,687

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	22,687

As at 1 April 2025	22,687

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,563,534	319,187
Amounts owed by group undertakings	94,038	-
Other debtors	19,046	-

	2,676,618	319,187

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I-Exceed Technology Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	7,950	303,854
Other taxes and social security	6,263	6,261
VAT	434,865	-
Other creditors	14,920	-
Accruals and deferred income	10,422	16,000
Amounts owed to group undertakings	2,267,152	44,936

	2,741,572	371,051

The amount owed to Group undertakings are reapayable on demand and interest free

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The company has taken advantage of exemption under terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.

10. Ultimate Controlling Party

The Company's immediate and ultimate parent company is I-Exceed Technology Solutions Pvt Limited, a company registered in India.

I-Exceed Technology Solutions Pvt Limited is the only group for which consolidated financial statements are prepared.

The registered office of I-Exceed Technology Solutions Pvt Limited is 51 SJR Padukone Plaza, 100 Feet Road, 2nd Block, Koramangala, Bangalore, Kamataka, India 560034.

11. Audit Information

The auditor's report on the accounts of I-Exceed Technology Solutions Limited for the year ended 31 March 2026 was unqualified.

The auditor's report was signed by Devender Arora, FCA (Senior Statutory Auditor) for and on behalf of The Corporate Practice Limited , Statutory Auditor.

The Corporate Practice Limited

Chartered Accountants and Statutory Auditors

65 Delamere Road

Hayes

Middlesex

UB4 0NN

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		180
Investments	5		22,687		22,687

			22,687		22,867
CURRENT ASSETS
Debtors	6	2,676,618		319,187
Cash at bank and in hand		26,792		8,566

		2,703,410		327,753
Creditors: Amounts Falling Due Within One Year	7	(2,741,572 )		(371,051 )

NET CURRENT ASSETS (LIABILITIES)			(38,162 )		(43,298 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,475 )		(20,431 )

NET LIABILITIES			(15,475 )		(20,431 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(15,575 )		(20,531 )

SHAREHOLDERS' FUNDS			(15,475)		(20,431)