MECURE INDUSTRIES : QUARTER 1 - FINANCIAL STATEMENT FOR 2025

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[{"type":"text","content":"\n MeCure Industries Plc\n \n \n \n First quarter (Q1) report and financial statements for the period ended 31 March 2025\n \n \n Contents\n \n \n Corporate information 1\n \n \n Report of the directors 2\n \n \n Statement of directors' responsibilities 4\n \n \n Certification of financial statement 5\n \n \n Statement of profit or loss and other comprehensive income 6\n \n \n Statement of financial position 7\n \n \n Statement of changes in equity 8\n \n \n Statement of cash flows 9\n \n \n Notes to the financial statements 10\n \n \n Corporate information\n \n \n \n Company registration number\n \n \n \n RC: 619125\n \n \n \n Directors\n \n \n \n Mr. Samir Udani Chairman\n Mrs. Dukor Anderline Ndidi Co-CEO\n Mr. Arjun Udani Co-CEO\n Dr. Ajie Obiefuna Executive Director\n Mr. Felix Anaje Executive Director\n Dr. Benedict Agbo Non-executive Director\n Mrs. Ayotunde Owoigbe Non-executive Director\n Mr. Chidi Okoro Non-executive Director\n Mr. Tochukwu Chukwuneta Orajiaku Independent Non-executive Director\n Mr. Joseph Oyeyemi Babatunde Independent Non-executive Director\n Independent auditor\n \n \n \n Alexander Johnson & Co.\n \n \n Chartered Accountants\n \n \n 18, Oremeji Street Off Coker road Ilupeju\n \n \n Lagos\n \n \n \n Corporate office\n \n \n \n MeCure Industries Plc Debo Industrial Compound\n \n \n Plot 6, Block H, Oshodi Apapa Expressway Oshodi Lagos, Nigeria\n \n \n \n Company secretary Banwo & Ighodalo\n \n \n 48, Awolowo road, southwest Ikoyi, Lagos, Nigeria.\n \n \n \n Principal bankers\n \n \n \n Standard Chartered Bank Union Bank of Nigeria Plc Globus Bank Limited Access Bank Plc\n \n \n Fidelity Bank Plc Zenith Bank Plc FSDH\n \n \n Eco bank Plc Providus Bank Limited\n \n \n \n The directors submit their report together with the audited financial statements for the period ended 31 March 2025, to the members of MeCure Industries Plc (\"the Company\"). This report discloses the financial performance and state of affairs of the Company.\n \n \n \n Incorporation and address\n \n \n MeCure Industries Plc was incorporated in Nigeria on 16th March, 2005 under the Companies and Allied Matters Act as a private limited liability Company, and is domiciled in Nigeria. A special resolution was passed on the 27th October 2022 and a certificate was issued on 16th November 2022 as a registered public limited liability...

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