Mountwest UK Limited

Mountwest UK Limited
Directors' Report
For the year ended 31 March 2026

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2026.

Principal activities

Principal activity of the company during the financial year was of that of commercial property investment and management and related activities.

Directors

The directors who served the company throughout the year were as follows:

Muhammad ARIF

Abdul Lateef

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Muhammad ARIF
Director

Date approved: 16 June 2026

Mountwest UK Limited Accountants' Report For the year ended 31 March 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. M Ali & Co 31 March 2026 .................................................... M Ali & Co Suite: B25 SBC House Restmor Way Wallington SM6 7AH 16 June 2026 3

Mountwest UK Limited
Accountants' Report
For the year ended 31 March 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
M Ali & Co
31 March 2026

....................................................

M Ali & Co
Suite: B25 SBC House
Restmor Way
Wallington
SM6 7AH
16 June 2026

Mountwest UK Limited
Profit and Loss Account
For the year ended 31 March 2026

	2026 £	2025 £
Rent Received	277,717	343,828
Gross profit	277,717	343,828
Administrative expenses	(32,382)	(151,889)
Operating profit	245,335	191,939
Other interest receivable and similar income	3,063	0
Profit/(Loss) on ordinary activities before taxation	248,398	191,939
Tax on profit on ordinary activities	(27,291)	(52,843)
Profit/(Loss) for the financial year	221,107	139,096

Mountwest UK Limited
Balance Sheet
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	5,830,000	5,830,000
		5,830,000	5,830,000
Current assets
Debtors	5	108,945	108,945
Cash at bank and in hand		205,473	119,435
		314,418	228,380
Creditors: amount falling due within one year	6	(5,649,089)	(5,784,158)
Net current assets		(5,334,671)	(5,555,778)

Total assets less current liabilities		495,329	274,222
Net assets		495,329	274,222

Capital and reserves
Called up share capital		200	200
Profit and loss account		495,129	274,022
Shareholders' funds		495,329	274,222

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 16 June 2026 and were signed on its behalf by:

-------------------------------
Muhammad ARIF
Director

Mountwest UK Limited
Statement of Changes in Equity
For the year ended 31 March 2026

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2024	200	134,926	135,126
Profit/(Loss) for the year		139,096	139,096
Total comprehensive income for the year	-	139,096	139,096
Total investments by and distributions to owners	-	-	-
At 31 March 2025	200	274,022	274,222
At 01 April 2025	200	274,022	274,222
Profit/(Loss) for the year		221,107	221,107
Total comprehensive income for the year	-	221,107	221,107
Total investments by and distributions to owners	-	-	-
At 31 March 2026	200	495,129	495,329

Mountwest UK Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Mountwest UK Limited is a private company, limited by shares, registered in England and Wales, registration number 11230424, registration address 42 Dingwall Road, Ground Floor Melrose House, Croydon, CR0 2NF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The financial statements have been prepared on a going concern basis notwithstanding the net

current liabilities of £5,334,707 (2024 - £5,555,821) as the directors have provided an

undertaking that they will continue to support the company to meet its liabilities as they fall due. As a result, the directors believe that the preparation of the financial statements on a going concern basis is appropriate.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the year in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Taxation Tax is recognised in the Profit and Loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0 Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Valuation of investments Investments in subsidiaries are measured at cost less accumulated impairment

Directors' Emoluments

	2026		2025
	0		0

During the year, no director received any emoluments (period ended 31 March 2026 - £Nil).

3.	Average number of employees The average monthly number of employees, including directors, Average number of employees during the year was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2025	5,830,000	5,830,000
Additions	-	-
Disposals	-	-
At 31 March 2026	5,830,000	5,830,000
Depreciation
At 01 April 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2026	-	-
Net book values
Closing balance as at 31 March 2026	5,830,000	5,830,000
Opening balance as at 01 April 2025	5,830,000	5,830,000

Debtors: amounts falling due within one year

	2026 £	2025 £
Amount Owed by Group Undertakings	64,442	64,442
Other Debtors	44,503	44,503
	108,945	108,945

Creditors: amount falling due within one year

	2026 £	2025 £
Taxation and Social Security	61,818	46,843
Other Creditors	5,587,271	5,737,315
	5,649,089	5,784,158

7.	Debtors Short-term Debtors Short-term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

8.	Creditors Short-term Creditors Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash

Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisitionand that are readily convertible to known amounts of cash with insignificant risk of change in value.

10.

Related Party Transactions

Included within amounts owed to group undertakings is an amount of

£Nil (2024 - £nil) due to its wholly owned subsidiaries. Included within amounts owed by group

undertakings is an amount of £64,442 (2025 - £64,442) due from related undertakings. Included

within other creditors is an amount of £5,552,494 (2025 - £5,700,738) due to the shareholders of

the company. Controlling party, The controlling parties of the company are its directors, by

virtue of their shareholdings in the company