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REGISTERED NUMBER: 10491826 (England and Wales)















Eradigm Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Eradigm Limited (Registered number: 10491826)

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 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: 10491826 (England and Wales)





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

Eradigm Limited (Registered number: 10491826)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 65,095 88,403

Current assets
Debtors 5 4,436,559 3,454,891
Cash at bank 459,974 356,658
4,896,533 3,811,549
Creditors
Amounts falling due within one year 6 2,286,495 1,382,818
Net current assets 2,610,038 2,428,731
Total assets less current liabilities 2,675,133 2,517,134

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 2,675,033 2,517,034
Shareholders' funds 2,675,133 2,517,134

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 Limited (Registered number: 10491826)

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


1. Statutory information

Eradigm 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% straight line
Computer equipment - 25% straight line
Motor vehicles - 20% straight line

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 51 (2022 - 49 ) .

Eradigm Limited (Registered number: 10491826)

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


4. Tangible fixed assets
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
Cost
At 1 January 2023 2,376 40,000 81,245 123,621
Additions - - 4,085 4,085
At 31 December 2023 2,376 40,000 85,330 127,706
Depreciation
At 1 January 2023 258 8,667 26,293 35,218
Charge for year 594 8,000 18,799 27,393
At 31 December 2023 852 16,667 45,092 62,611
Net book value
At 31 December 2023 1,524 23,333 40,238 65,095
At 31 December 2022 2,118 31,333 54,952 88,403

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 1,748,728 1,568,318
Amounts owed by group undertakings 2,525,570 1,533,175
Other debtors 162,261 353,398
4,436,559 3,454,891

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 43,136 49,372
Amounts owed to group undertakings 1,284,409 297,985
Taxation and social security 238,642 318,969
Other creditors 720,308 716,492
2,286,495 1,382,818

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
50 A Ordinary £1 50 50
30 B Ordinary £1 30 30
20 C Ordinary £1 20 20
100 100

Eradigm Limited (Registered number: 10491826)

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


8. Reserves
Retained
earnings
£

At 1 January 2023 2,517,034
Profit for the year 1,427,999
Dividends (1,270,000 )
At 31 December 2023 2,675,033