REGISTERED NUMBER: 12525686 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

MGMT Infrastructure Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

564,632

73,786

Cash at bank

215,564

683,337

780,196

757,123

CREDITORS

Amounts falling due within one year

5

(10,616

)

(847

)

NET CURRENT ASSETS

769,580

756,276

TOTAL ASSETS LESS CURRENT LIABILITIES

769,580

756,276

CREDITORS

Amounts falling due after more than one year

6

(8,983,979

)

(8,984,229

)

NET LIABILITIES

(8,214,399

)

(8,227,953

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,214,499

)

(8,228,053

)

(8,214,399

)

(8,227,953

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 September 2026 and were signed by:

Mr G R Bell - Director

1.	STATUTORY INFORMATION

MGMT Infrastructure Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12525686

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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

In determining whether the company's annual financial statements can be prepared on a going concern basis, the directors has considered the company's business activities, together with the factors likely to affect its future development, performance and position.

The directors confirm that, after due consideration there is a reasonable expectation that the company has adequate resources to continue in business for at least 12 months from the date of signing the financial statements. Accordingly, the annual report and financial statements for the year ended 31 December 2025 have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Taxation

Taxation for the year comprises current 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 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 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed by group undertakings

66,000

65,679

Amounts owed by associates

3,632

-

Other debtors

495,000

8,107

564,632

73,786

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

-

97

Amounts owed to associates

1,714

-

Taxation and social security

7,682

-

Other creditors

1,220

750

10,616

847

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

8,983,979

8,984,229

7.	RELATED PARTY DISCLOSURES

Included within Creditors: Amounts falling due after more than one year, is an amount of £8,982,944 (2024: £8,983,194) that is owed to Mr Henry Daniel Sykes, the ultimate shareholder of the group. At the reporting date £1,035 (2024: £1,035) remained owed to Mr Sykes in addition to the above loan balance.

8.	ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent undertaking is MGMT Holdings SA (previously Lightspeed Fibre International Holdings SA) . Its registered office address is 16 Rue Jean L'Aveugle, L-1148, Luxembourg.