IRIS Accounts Production v25.2.0.378 10643474 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10643474 2024-03-31 10643474 2025-03-31 10643474 2024-04-01 2025-03-31 10643474 2023-03-31 10643474 2023-04-01 2024-03-31 10643474 2024-03-31 10643474 ns15:EnglandWales 2024-04-01 2025-03-31 10643474 ns14:PoundSterling 2024-04-01 2025-03-31 10643474 ns10:Director1 2024-04-01 2025-03-31 10643474 ns10:Director2 2024-04-01 2025-03-31 10643474 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10643474 ns10:SmallEntities 2024-04-01 2025-03-31 10643474 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10643474 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 10643474 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10643474 ns10:FullAccounts 2024-04-01 2025-03-31 10643474 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 10643474 ns10:RegisteredOffice 2024-04-01 2025-03-31 10643474 ns5:CurrentFinancialInstruments 2025-03-31 10643474 ns5:CurrentFinancialInstruments 2024-03-31 10643474 ns5:Non-currentFinancialInstruments 2025-03-31 10643474 ns5:Non-currentFinancialInstruments 2024-03-31 10643474 ns5:ShareCapital 2025-03-31 10643474 ns5:ShareCapital 2024-03-31 10643474 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 10643474 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 10643474 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 10643474 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 10643474 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-03-31 10643474 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-03-31 10643474 ns5:Secured 2025-03-31 10643474 ns5:Secured 2024-03-31 10643474 ns10:OrdinaryShareClass1 2025-03-31 10643474 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 10643474 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31

REGISTERED NUMBER: 10643474 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Mexor Limited

Mexor Limited (Registered number: 10643474)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Report of the Accountants | 2 |

Statement of Financial Position | 3 |

Notes to the Financial Statements | 5 |

Mexor Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mr R K Kapoor

| S Sheth

| REGISTERED OFFICE: | The Barn

| Rear of 3-5 Church Street

| Ampthill

| Bedfordshire

| MK45 2PJ

| REGISTERED NUMBER: | 10643474 (England and Wales)

| ACCOUNTANTS: | Integral Associates Limited

| 86-90 Paul Street

| London

| EC2A 4NE

Mexor Limited

Report of the Accountants to the Directors of

Mexor Limited

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 Statement of Financial Position. 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.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Integral Associates Limited

86-90 Paul Street

London

EC2A 4NE

14 October 2025

Mexor Limited (Registered number: 10643474)

Statement of Financial Position

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 2,632,209 |  | 2,632,209 |  |

CURRENT ASSETS

Cash at bank | 39,745 |  | 45,465 |  |

CREDITORS

Amounts falling due within one year | 5 | 212,925 |  | 843,230 |  |

NET CURRENT LIABILITIES | (173,180 | ) | (797,765 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,459,029 |  | 1,834,444 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 2,268,300 |  | 1,577,539 |  |

NET ASSETS | 190,729 |  | 256,905 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | 9 | 190,728 |  | 256,904 |  |

SHAREHOLDERS' FUNDS | 190,729 |  | 256,905 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Mexor Limited (Registered number: 10643474)

Statement of Financial Position - continued

31 March 2025

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 14 October 2025 and were signed on its behalf by:

Mr R K Kapoor - Director

S Sheth - Director

Mexor Limited (Registered number: 10643474)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Mexor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

Mexor Limited (Registered number: 10643474)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 2,632,209 |  |

| NET BOOK VALUE

| At 31 March 2025 | 2,632,209 |  |

| At 31 March 2024 | 2,632,209 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 1 |  | (2 | ) |

| Amounts owed to group undertakings | 212,924 |  | 840,447 |  |

| Tax | - |  | 2,785 |  |

212,925 |  | 843,230 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans - 2-5 years | 2,195,227 |  | 1,504,466 |  |

| Bank loans more 5 yr by instal | 73,073 |  | 73,073 |  |

2,268,300 |  | 1,577,539 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 73,073 |  | 73,073 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 2,268,300 |  | 1,577,539 |  |

| The company 's borrowing is at a margin of 2.99% over the base rate. The loan is repayable over 25 years.

Mexor Limited (Registered number: 10643474)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

9. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2024 | 256,904 |  |

| Deficit for the year | (66,176 | ) |

| At 31 March 2025 | 190,728 |  |

10. | ULTIMATE CONTROLLING PARTY

| The parent company is Springbridge Corporation Limited. There is no single ultimate controlling party.