Mezcalito Chelsea Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11587087

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		102,673		99,686

			102,673		99,686
CURRENT ASSETS
Stocks	5	36,000		34,000
Debtors	6	513,279		404,071
Cash at bank and in hand		14,837		44,120

		564,116		482,191
Creditors: Amounts Falling Due Within One Year	7	(284,352 )		(78,115 )

NET CURRENT ASSETS (LIABILITIES)			279,764		404,076

TOTAL ASSETS LESS CURRENT LIABILITIES			382,437		503,762

Creditors: Amounts Falling Due After More Than One Year	8		(190,810 )		(3,161 )

NET ASSETS			191,627		500,601

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			191,617		500,591

SHAREHOLDERS' FUNDS			191,627		500,601

Page 1

Page 2

Mezcalito Chelsea Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

L M Geas

Director

7 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mezcalito Chelsea Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11587087 . The registered office is C/O London Accountants, Hurlingham Studios, Ranelagh Gardens, London, United Kindom, SW6 3PA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	15% Straight Line Method
Plant & Machinery	15% Reducing Balance Method
Motor Vehicles	25% Reducing Balance Method
Fixtures & Fittings	15% Reducing Balance Method
Computer Equipment	25% Reducing Balance Method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 43 (2025: 25)

Page 3

Page 4

Mezcalito Chelsea Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	19,574	72,844	6,750	34,879
Additions	-	-	-	21,839

As at 31 March 2026	19,574	72,844	6,750	56,718

Depreciation
As at 1 April 2025	1,209	34,583	4,363	11,101
Provided during the period	2,936	5,739	597	5,356

As at 31 March 2026	4,145	40,322	4,960	16,457

Net Book Value
As at 31 March 2026	15,429	32,522	1,790	40,261

As at 1 April 2025	18,365	38,261	2,387	23,778


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	28,886	162,933
Additions	-	21,839

As at 31 March 2026	28,886	184,772

Depreciation
As at 1 April 2025	11,991	63,247
Provided during the period	4,224	18,852

As at 31 March 2026	16,215	82,099

Net Book Value
As at 31 March 2026	12,671	102,673

As at 1 April 2025	16,895	99,686

5. Stocks

	2026	2025
	£	£
Stock	36,000	34,000

Page 4

Page 5

Mezcalito Chelsea Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	8,252	6,262
Square Balance	(236 )	(6 )
Oliver Loan	15,888	15,888
Intercompany Loan Mezcalito Brompton	327,648	176,478
Intercompany Loan Mezcalito Islington	161,727	202,949
Intercompany Loan Mezcal Holdings	-	2,500

	513,279	404,071

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	29,651	(57,803 )
Bank loans and overdrafts	63,042	12,388
Square Loan Payments	32,838	50,198
Other taxes and social security	9,584	6,025
VAT	18,519	26,766
Net wages	-	65
Pension Payable	603	1,017
Director's loan account	47,838	39,459
Intercompany - Mezcalito Express Ltd	10,645	-
Intercompany - Albion Edge Consulting Ltd	71,632	-

	284,352	78,115

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	190,810	3,161

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

Page 5