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REGISTERED NUMBER: 11979105 (England and Wales)















Eradigm Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Eradigm Holdings Limited (Registered number: 11979105)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Eradigm Holdings Limited

Company Information
for the year ended 31 December 2023







Directors: M E Deans
P G N Romano





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 11979105 (England and Wales)





Accountants: Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Eradigm Holdings Limited (Registered number: 11979105)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Investments 4 86,047 86,047

Current assets
Debtors 5 1,743,415 657,613
Cash at bank 709,568 797,634
2,452,983 1,455,247
Creditors
Amounts falling due within one year 6 2,527,795 1,534,189
Net current liabilities (74,812 ) (78,942 )
Total assets less current liabilities 11,235 7,105

Capital and reserves
Called up share capital 7 200 200
Retained earnings 8 11,035 6,905
Shareholders' funds 11,235 7,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





P G N Romano - Director


Eradigm Holdings Limited (Registered number: 11979105)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

Eradigm Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

Eradigm Holdings Limited (Registered number: 11979105)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 January 2023
and 31 December 2023 86,047
Net book value
At 31 December 2023 86,047
At 31 December 2022 86,047

5. Debtors: amounts falling due within one year
2023 2022
£ £
Amounts owed by group undertakings 1,732,470 657,513
Other debtors 10,945 100
1,743,415 657,613

6. Creditors: amounts falling due within one year
2023 2022
£ £
Amounts owed to group undertakings 2,525,567 1,533,175
Taxation and social security 2,228 14
Other creditors - 1,000
2,527,795 1,534,189

7. Called up share capital

Allotted Class: Nominal 2023 2022
Number: value: £ £
50,000 Ordinary A £0.001 50 50
30,000 Ordinary B £0.001 30 30
20,000 Ordinary C £0.001 20 20
100,000 Ordinary E £0.001 100 100
200 200

8. Reserves
Retained
earnings
£

At 1 January 2023 6,905
Profit for the year 1,204,130
Dividends (1,200,000 )
At 31 December 2023 11,035