Western Core Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Western Core Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05313982 . The registered office is 26 Easington Drive, Lower Earley, Reading, RG6 3XN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

2.2. Going Concern Disclosure

The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company director, who is owed by the company will not recall loan owed to him until the company turns into profitability and financially able to repay.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Computer Equipment

over 5 years

2.5. Foreign Currencies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.6. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.7. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

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Western Core Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	797

As at 31 March 2025	797

Depreciation
As at 1 April 2024	797

As at 31 March 2025	797

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	128,444	32,764

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1,452
Other creditors	86,700	90,214
Amounts owed to group undertakings	58,908	55,383

	145,608	147,049

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Ultimate Controlling Party

The company is a wholly owned subsidiary of CORE Energy Systems Pvt. Ltd.

The ultimate controlling parent undertaking of the company is Core Energy Systems Limited. The ultimate parent undertaking prepares consolidated accounts and are available at its registered office at PLOT-C-20 'G' BLOCK, NEAR MCA,BANDRA KURLA COMPLEX BANDRA EAST, MUMBAI, Maharashtra, India, 400051

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Western Core Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Other information

WESTERN CORE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:

26 Easington Drive

Lower Earley

Reading

United Kingdom

RG6 3XN

10. Audit Information

The auditor's report on the accounts of Western Core Limited for the year ended 31 March 2025 was unqualified.

The auditor's report was signed by Opinder Singh Sawhney (Senior Statutory Auditor) for and on behalf of Sawhney Consulting , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	128,444		32,764
Cash at bank and in hand		69,449		228,630

		197,893		261,394
Creditors: Amounts Falling Due Within One Year	6	(145,608 )		(147,049 )

NET CURRENT ASSETS (LIABILITIES)			52,285		114,345

TOTAL ASSETS LESS CURRENT LIABILITIES			52,285		114,345

NET ASSETS			52,285		114,345

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			52,284		114,344

SHAREHOLDERS' FUNDS			52,285		114,345