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REGISTERED NUMBER: 04349192 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

LCC Deployment Services UK Limited

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| LCC Deployment Services UK Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | S N Gambhire

| REGISTERED OFFICE: | 3rd Floor Ormond House

| 63 Queen Victoria Street

| London

| EC4N 4UA

| REGISTERED NUMBER: | 04349192 (England and Wales)

| AUDITORS: | Hardcastle Burton LLP

| Lake House

| Market Hill

| Royston

| Hertfordshire

| SG8 9JN

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Statement of Financial Position

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 607 |  | 1,449 |  |

CURRENT ASSETS

Debtors | 5 | 1,534,236 |  | 1,398,583 |  |

Cash at bank | 162,757 |  | 338,591 |  |

1,696,993 |  | 1,737,174 |  |

CREDITORS

Amounts falling due within one year | 6 | 366,526 |  | 426,271 |  |

NET CURRENT ASSETS | 1,330,467 |  | 1,310,903 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,331,074 |  | 1,312,352 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 5,042,250 |  | 5,042,250 |  |

Share premium | 10 | 4,999,904 |  | 4,999,904 |  |

Other reserves | 10 | 2,953,216 |  | 2,953,216 |  |

Retained earnings | 10 | (11,664,296 | ) | (11,683,018 | ) |

SHAREHOLDERS' FUNDS | 1,331,074 |  | 1,312,352 |  |

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 director and authorised for issue on 8 October 2025 and were signed by:

S N Gambhire - Director

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| LCC Deployment Services UK 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.

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.

| The company has a contract with its parent company, Tech Mahindra which represented 93% of the company's turnover during the year ended 31 March 2025. The director has considered the budget for 2025/2026 onwards and he believes that the company will continue to have adequate cash resources in order to pay all of its creditors as they fall due for the foreseeable future and for at least 12 months from the date of signing of these financial statements.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions which impact on the reported amounts of assets and liabilities. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Turnover

| Turnover represents the total net sales to customers excluding value added tax. Contract revenue is recognised over the duration of the contract as work is performed.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery |  | - |  |  | 25% on cost |  |

| Motor vehicles |  | - |  |  | 20% on cost |  |

| Computer equipment |  | - |  |  | 33% on cost |  |

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors, 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.

| Basic financial liabilities

| Basic financial liabilities, including creditors and loans 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.

| 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.

| 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.

| Foreign currencies

| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Leasing commitments

| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

| Related party disclosure

| As the company is a wholly owned subsidiary within the group of its ultimate holding party Tech Mahindra Limited the company has taken advantage of the exemption contained within FRS 102 and has therefore not disclosed transactions with entities which form part of the group. The consolidated financial statements of Tech Mahindra Limited within which this company is included, can be obtained from their website.

| Long term contracts

| Profit on contracting activities is taken as work progresses. Unless a more conservative approach is necessary, the percentage margin on each individual contract is the lower of the margin earned to date and that forecast to completion. Full provision is made for contract losses as soon as they are foreseen. Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 85,433 |  | 7,669 |  | 16,423 |  | 109,525 |  |

| Disposals | (85,433 | ) | - |  | (12,265 | ) | (97,698 | ) |

| At 31 March 2025 | - |  | 7,669 |  | 4,158 |  | 11,827 |  |

| DEPRECIATION

| At 1 April 2024 | 85,433 |  | 7,669 |  | 14,974 |  | 108,076 |  |

| Charge for year | - |  | - |  | 842 |  | 842 |  |

| Eliminated on disposal | (85,433 | ) | - |  | (12,265 | ) | (97,698 | ) |

| At 31 March 2025 | - |  | 7,669 |  | 3,551 |  | 11,220 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | - |  | 607 |  | 607 |  |

| At 31 March 2024 | - |  | - |  | 1,449 |  | 1,449 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | - |  | 39,055 |  |

| Amounts owed by group undertakings | 1,520,111 |  | 1,270,839 |  |

| Prepayments and accrued income | 14,125 |  | 88,689 |  |

1,534,236 |  | 1,398,583 |  |

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 46,132 |  | 37,457 |  |

| Amounts owed to group undertakings | 113,809 |  | 235,280 |  |

| Social security and other taxes | 82,715 |  | 32,636 |  |

| Other creditors | 7,191 |  | 7,191 |  |

| Accrued expenses | 116,679 |  | 113,707 |  |

366,526 |  | 426,271 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Within one year | 10,169 |  | 10,856 |  |

| Between one and five years | 1,123 |  | 11,292 |  |

11,292 |  | 22,148 |  |

8. | SECURED DEBTS

| The company's bank, HSBC plc have secured a fixed and floating charge (charge code 0434 9192 0005) over all assets of the company dated 25 September 2014.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 504,225,035 | Ordinary | £0.01 | 5,042,250 |  | 5,042,250 |  |

10. | RESERVES

| Retained |  | Share |  | Other |

| earnings |  | premium |  | reserves |  | Totals

£ | £ | £ | £ |

| At 1 April 2024 | (11,683,018 | ) | 4,999,904 |  | 2,953,216 |  | (3,729,898 | ) |

| Profit for the year | 18,722 |  | 18,722 |  |

| At 31 March 2025 | (11,664,296 | ) | 4,999,904 |  | 2,953,216 |  | (3,711,176 | ) |

| During the year ended 31 December 2012, £2,953,216 of debt due to the immediate parent was converted into investments in the books of the immediate parent. In this Company, this is reflected by a transfer from the loan due to the immediate parent to other reserves.

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Denise Lindsell FCA (Senior Statutory Auditor)

| for and on behalf of Hardcastle Burton LLP

| LCC Deployment Services UK Limited (Registered number: 04349192) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

12. | PENSION COMMITMENTS

| The company operates a defined contribution scheme. The pension cost charge for the period represents contributions payable by the company to the scheme and amounted to £2,303 (2024: £2,068).

| Contributions amounting to £1,031 (2024: £403) were payable to the scheme at the year end.

13. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the 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.

14. | ULTIMATE CONTROLLING PARTY

| The immediate parent company is LCC Europe B.V. a company incorporated in the Netherlands.

| The ultimate holding company is Tech Mahindra Limited, a company incorporated in India. Consolidated accounts of Tech Mahindra Limited can be obtained from www.techmahindra.com/investors/default.aspx