REGISTERED NUMBER: 07432325 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

MEGAWATT-X LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

L V Segalen

Registered office:

3rd Floor 86 - 90 Paul Street

London

EC2A 4NE

Registered number:

07432325 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

3,503

2,653

Investments

5

46,531

-

50,034

2,653

Current assets

Debtors

6

11,578

6,592

Cash at bank

85,919

168,698

97,497

175,290

Creditors

Amounts falling due within one year

7

52,253

15,614

Net current assets

45,244

159,676

Total assets less current liabilities

95,278

162,329

Capital and reserves

Called up share capital

8

10,100

10,100

Share premium

9

39,900

39,900

Retained earnings

9

45,278

112,329

Shareholders' funds

95,278

162,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 21 May 2026 and were signed by:

L V Segalen - Director

1.	Statutory information

Megawatt-X 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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover

Turnover represents amounts receivable for services provided in the year.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

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 balance sheet date.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 December 2024

4,124

Additions

2,376

At 30 November 2025

6,500

Depreciation

At 1 December 2024

1,471

Charge for year

1,526

At 30 November 2025

2,997

Net book value

At 30 November 2025

3,503

At 30 November 2024

2,653

5.	Fixed asset investments

Other

investments

£

Cost

Additions

46,531

At 30 November 2025

46,531

Net book value

At 30 November 2025

46,531

Investments are recognised at cost, less any provision for impairment. The carrying value of investments is reviewed at each reporting date to determine whether there is any indication of impairment.

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

10,429

-

Other debtors

1,149

6,592

11,578

6,592

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Other creditors

52,253

15,614

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,100

Ordinary

£1

10,100

10,100

9.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 December 2024

112,329

39,900

152,229

Deficit for the year

(67,051

)

(67,051

)

At 30 November 2025

45,278

39,900

85,178

10.	Related party disclosures

Included in other creditors is £49,753 (2024 - £13,114) owed to the director. The amount owed to the director is unsecured, interest-free and repayable on demand.