ACCOUNTS - Final Accounts

Company registration number: 16152263

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MASTECH GROUP UK LIMITED

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UNAUDITED

ANNUAL REPORT

FOR THE PERIOD ENDED

31 DECEMBER 2025


MASTECH GROUP UK LIMITED

CONTENTS

	Page
Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5
Notes to the Financial Statements	6 - 8


MASTECH GROUP UK LIMITED

COMPANY INFORMATION

Director	F. W. Ip


Registered number	16152263


Registered office	15 Whitehall
	London
	United Kingdom
	SW1A 2DD


Accountants	F. W. Smith, Riches & Co.
	Chartered Accountants
	15 Whitehall
	London
	SW1A 2DD

Page 1


MASTECH GROUP UK LIMITED

DIRECTOR'S REPORT

FOR THE PERIOD ENDED 31 DECEMBER 2025

The director presents his report and the financial statements for the period from the incorporation of the Company on 27 December 2024 to 31 December 2025.

Principal activity

The principal activity of the Company is that of a holding company.

Director

The director who served during the period was:

F. W. Ip

Director's responsibilities statement

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the director is required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgements and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is 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 to enable him to ensure that the financial statements comply with the Companies Act 2006. He is 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.

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 22 September 2026 and signed on its behalf.

F. W. Ip

Director

Page 2


MASTECH GROUP UK LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MASTECH GROUP UK LIMITED
FOR THE PERIOD ENDED 31 DECEMBER 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mastech Group UK Limited for the period ended 31 December 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Mastech Group UK Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Mastech Group UK Limited and state those matters that we have agreed to state to the director of Mastech Group UK Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mastech Group UK Limited and its director for our work or for this report.

It is your duty to ensure that Mastech Group UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit or loss of Mastech Group UK Limited. You consider that Mastech Group UK Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Mastech Group UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

F. W. Smith, Riches & Co.

Chartered Accountants

15 Whitehall

London

SW1A 2DD

22 September 2026

Page 3


MASTECH GROUP UK LIMITED

PROFIT AND LOSS ACCOUNT

FOR THE PERIOD ENDED 31 DECEMBER 2025

	31 December
	2025
	£


Administrative expenses		(339)
Operating loss		(339)
Interest receivable and similar income		2
Loss before tax		(337)
Loss for the financial period		(337)

Page 4


MASTECH GROUP UK LIMITED REGISTERED NUMBER:16152263

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£

Fixed assets
Investments	4		2,452
			2,452
Current assets
Cash at bank and in hand		1,550
		1,550
Creditors: amounts falling due within one year	5	(339)
Net current assets			1,211
Total assets less current liabilities			3,663

Net assets			3,663

Capital and reserves
Called up share capital	6	4,000
Profit and loss account		(337)
		3,663

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements on pages 4 to 8 were approved and authorised for issue by the board and were signed on its behalf on 22 September 2026.

F. W. Ip

Director

Page 5


MASTECH GROUP UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.Accounting policies

1.1

Statement of compliance

Mastech Group UK Limited is a private company limited by shares and is incorporated and domiciled in England and Wales. The address of its registered office is 15 Whitehall, London, United Kingdom, SW1A 2DD. The Company was incorporated on 27 December 2024 and this is its first period of account.

The Company's principal activity is that of a holding company.

1.2

Basis of preparation of financial statements

The financial statements have been prepared in accordance with United Kingdom Accounting Standards, including Section 1A 'Small Entities' of Financial Reporting Standard 102, ‘the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland’ (“FRS 102”) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the Company as an individual undertaking and not about its group.

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.

1.3

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

1.4

Financial instruments

The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

Short term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss Account in ‘administrative expenses’.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

Offsetting

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 6


MASTECH GROUP UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.Accounting policies (continued)

1.5

Share capital

Ordinary shares are classified as equity.

1.6

Foreign currency

Functional and presentation currency

The company's functional and presentation currency is pounds sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non monetary items measured at historical cost are translated using the exchange rate at the date of the transaction. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Profit and Loss Account.

Foreign exchange gains and losses are presented in the Profit and Loss Account within 'administrative expenses'.

1.7

Related party transactions

The Company discloses transactions with related parties which are not wholly owned within the same group. It does not disclose transactions with members of the same group that are wholly owned. Where appropriate, transactions of a similar nature are aggregated unless, in the opinion of the directors separate disclosure is necessary to understand the effect of the transactions on the Company’s financial statements.

2.	Judgements in applying accounting policies and key sources of estimation uncertainty

In preparing the financial statements management are required to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from these estimates. Whilst management have made judgements, estimates and assumptions in preparing the financial statements, they consider that these have not had a significant effect on amounts recognised.

Employees

The average monthly number of employees, including directors, during the period was 0.

Page 7


MASTECH GROUP UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	Additions	2,452
	At 31 December 2025	2,452

5.	Creditors: Amounts falling due within one year
		2025
		£

	Accruals and deferred income	339

6.	Share capital
		2025
		£

		Allotted, called up and fully paid

		4,000 Ordinary shares of £1.00 each	4,000

4,000 ordinary shares of £1 each were issued on incorporation of the Company on 27 December 2024.

Page 8