MGK Infra Realty Ltd

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
First Floor
The Urban Building
3-9 Albert Street
Slough
SL1 2BE

Principal activity

The principal activity of the Company is to act as a holding company for its subsidiary undertakings.

These financial statements were authorised for issue by the director on 30 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The comparative figures for the year ended 31 December 2024 are derived from unaudited financial statements.

Summary of disclosure exemptions

The Company is a qualifying entity as defined by FRS 102. The Company is exempt from the requirement to prepare consolidated financial statements by virtue of section 400 of the Companies Act 2006 as it is included in the consolidated financial statements of MGK Infra and Realty Private Limited, its ultimate parent undertaking. Accordingly, the Company has not prepared consolidated financial statements for the year ended 31 December 2025.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

MGK Infra Realty Ltd

Notes to the Financial Statements for the Year Ended 31 March 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Financial instruments

Classification
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to/from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.
 

Debtors

Basic financial assets, including trade and other debtors, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

MGK Infra Realty Ltd

Notes to the Financial Statements for the Year Ended 31 March 2025

3	Significant judgements and key sources of estimation uncertainty

Judgements

The preparation of the financial statements requires management 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 those estimates. In the Director's opinion the only significant judgement and key source of estimation uncertainty in the preparation of these financial statements relates to the assessment of impairment of investments in group undertakings. The investments are carried at cost less any impairment. In determining whether an impairment provision is required, the directors have considered the underlying net asset position, trading performance and future prospects of the investee companies. The assessment of recoverable amount requires judgement and the use of estimates, and changes in the assumptions applied could result in a material adjustment to the carrying value of the investments in future periods.

4	Summary audit opinion

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 30 October 2026 was Russell Joseph, who signed for and on behalf of Bourner Bullock.

5	Staff numbers

The average number of persons employed by the Company during the year, was 0 (2024 - 0).

MGK Infra Realty Ltd

Notes to the Financial Statements for the Year Ended 31 March 2025

6	Investments

	2025 £	Unaudited 2024 £
Investments in subsidiaries	1,414,301	1,389,100
Investments in joint ventures	500,100	500,100
	1,914,401	1,889,200