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REGISTERED NUMBER: 12820449 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

M2M CORPORATION LTD

M2M CORPORATION LTD (Registered number: 12820449)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

M2M CORPORATION LTD

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | D Maheshwari

| REGISTERED OFFICE: | Flat 144, Dorset House Gloucester Place

| London

| NW1 5AQ

| REGISTERED NUMBER: | 12820449 (England and Wales)

M2M CORPORATION LTD (Registered number: 12820449)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,020,857 |  | 1,037,195 |  |

Investments | 5 | 79 |  | - |  |

1,020,936 |  | 1,037,195 |  |

CURRENT ASSETS

Debtors | 6 | 1,213,730 |  | 78,584 |  |

Investments | 7 | 4,553,092 |  | 2,917,419 |  |

Cash at bank and in hand | 13,844 |  | 8,946 |  |

5,780,666 |  | 3,004,949 |  |

CREDITORS

Amounts falling due within one year | 8 | 4,094,637 |  | 1,053,950 |  |

NET CURRENT ASSETS | 1,686,029 |  | 1,950,999 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,706,965 |  | 2,988,194 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 762,112 |  | 1,600,000 |  |

NET ASSETS | 1,944,853 |  | 1,388,194 |  |

M2M CORPORATION LTD (Registered number: 12820449)

Balance Sheet - continued

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 1,400,001 |  | 1,400,001 |  |

Retained earnings | 544,852 |  | (11,807 | ) |

1,944,853 |  | 1,388,194 |  |

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 director acknowledges her 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.

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 19 November 2025 and were signed by:

D Maheshwari - Director

M2M CORPORATION LTD (Registered number: 12820449)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| M2M CORPORATION LTD 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.

| Preparation of consolidated financial statements

| The financial statements contain information about M2M CORPORATION LTD as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of the tangible fixed assets over their expected useful lives as follows:

| Leasehold improvements are depreciated over the term of the lease.

| Fixtures and fittings - 10% per annum on cost

| Computer equipment - 25% per annum on cost

| Taxation

| The tax expense represents the sum of the tax currently payable and deferred tax.

| Current tax

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expenses that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for the current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

M2M CORPORATION LTD (Registered number: 12820449)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

| Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

| Investments

| Investments in shares are included at fair value.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 1,013,590 |  | 88,945 |  | 1,102,535 |  |

| Additions | - |  | 6,918 |  | 6,918 |  |

| At 31 March 2025 | 1,013,590 |  | 95,863 |  | 1,109,453 |  |

| DEPRECIATION

| At 1 April 2024 | 45,638 |  | 19,702 |  | 65,340 |  |

| Charge for year | 12,873 |  | 10,383 |  | 23,256 |  |

| At 31 March 2025 | 58,511 |  | 30,085 |  | 88,596 |  |

| NET BOOK VALUE

| At 31 March 2025 | 955,079 |  | 65,778 |  | 1,020,857 |  |

| At 31 March 2024 | 967,952 |  | 69,243 |  | 1,037,195 |  |

M2M CORPORATION LTD (Registered number: 12820449)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 79 |  |

| At 31 March 2025 | 79 |  |

| NET BOOK VALUE

| At 31 March 2025 | 79 |  |

| The investment is 100% ownership in the equity shares of Elora Corporation Ltd, a company registered in Mauritius.

6. | DEBTORS

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 826,390 |  | 50,000 |  |

| Other debtors | 15,532 |  | 28,584 |  |

841,922 |  | 78,584 |  |

| Amounts falling due after more than one year:

| Other debtors | 371,808 |  | - |  |

| Aggregate amounts | 1,213,730 |  | 78,584 |  |

7. | CURRENT ASSET INVESTMENTS

| 31.3.25 |  | 31.3.24

£ | £ |

| Investments | 4,553,092 |  | 2,917,419 |  |

M2M CORPORATION LTD (Registered number: 12820449)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 3,002,200 |  | 944,699 |  |

| Trade creditors | 1,091,306 |  | 4,839 |  |

| Taxation and social security | 1,128 |  | 7,569 |  |

| Other creditors | 3 |  | 96,843 |  |

4,094,637 |  | 1,053,950 |  |

| The company has provided a fixed and floating charge over its investments, to its bankers. Amount due, to the bank, at the year end was £3,002,200 (2024: £693.750)

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Other creditors | 762,112 |  | 1,600,000 |  |

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of the exemption provided by FRS 102 S1A from disclosing transactions with members of the same group that are wholly owned.

| At the year end, an amount of £62,112 (31/03/2024: Nil) was due to a company controlled by the director and her close family members.

11. | CONTROLLING PARTY

| The company is a wholly owned subsidiary of Fourcomma LLP, a company registered in India.