2023-01-012023-12-312023-12-31false12700131ERPIQ LIMITED2024-04-2562012iso4217:GBPxbrli:pure127001312023-01-01127001312023-12-31127001312023-01-012023-12-31127001312022-01-01127001312022-12-31127001312022-01-012022-12-3112700131bus:SmallEntities2023-01-012023-12-3112700131bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3112700131bus:AbridgedAccounts2023-01-012023-12-3112700131bus:PrivateLimitedCompanyLtd2023-01-012023-12-3112700131core:WithinOneYear2023-12-3112700131core:AfterOneYear2023-12-3112700131core:WithinOneYear2022-12-3112700131core:AfterOneYear2022-12-3112700131core:ShareCapital2023-12-3112700131core:SharePremium2023-12-3112700131core:RevaluationReserve2023-12-3112700131core:OtherReservesSubtotal2023-12-3112700131core:RetainedEarningsAccumulatedLosses2023-12-3112700131core:ShareCapital2022-12-3112700131core:SharePremium2022-12-3112700131core:RevaluationReserve2022-12-3112700131core:OtherReservesSubtotal2022-12-3112700131core:RetainedEarningsAccumulatedLosses2022-12-3112700131core:LandBuildings2023-12-3112700131core:PlantMachinery2023-12-3112700131core:Vehicles2023-12-3112700131core:FurnitureFittings2023-12-3112700131core:OfficeEquipment2023-12-3112700131core:NetGoodwill2023-12-3112700131core:IntangibleAssetsOtherThanGoodwill2023-12-3112700131core:ListedExchangeTraded2023-12-3112700131core:UnlistedNon-exchangeTraded2023-12-3112700131core:LandBuildings2022-12-3112700131core:PlantMachinery2022-12-3112700131core:Vehicles2022-12-3112700131core:FurnitureFittings2022-12-3112700131core:OfficeEquipment2022-12-3112700131core:NetGoodwill2022-12-3112700131core:IntangibleAssetsOtherThanGoodwill2022-12-3112700131core:ListedExchangeTraded2022-12-3112700131core:UnlistedNon-exchangeTraded2022-12-3112700131core:LandBuildings2023-01-012023-12-3112700131core:PlantMachinery2023-01-012023-12-3112700131core:Vehicles2023-01-012023-12-3112700131core:FurnitureFittings2023-01-012023-12-3112700131core:OfficeEquipment2023-01-012023-12-3112700131core:NetGoodwill2023-01-012023-12-3112700131core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3112700131core:ListedExchangeTraded2023-01-012023-12-3112700131core:UnlistedNon-exchangeTraded2023-01-012023-12-3112700131core:MoreThanFiveYears2023-01-012023-12-3112700131core:Non-currentFinancialInstruments2023-12-3112700131core:Non-currentFinancialInstruments2022-12-3112700131dpl:CostSales2023-01-012023-12-3112700131dpl:DistributionCosts2023-01-012023-12-3112700131core:LandBuildings2023-01-012023-12-3112700131core:PlantMachinery2023-01-012023-12-3112700131core:Vehicles2023-01-012023-12-3112700131core:FurnitureFittings2023-01-012023-12-3112700131core:OfficeEquipment2023-01-012023-12-3112700131dpl:AdministrativeExpenses2023-01-012023-12-3112700131core:NetGoodwill2023-01-012023-12-3112700131core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3112700131dpl:GroupUndertakings2023-01-012023-12-3112700131dpl:ParticipatingInterests2023-01-012023-12-3112700131dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3112700131core:ListedExchangeTraded2023-01-012023-12-3112700131dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3112700131core:UnlistedNon-exchangeTraded2023-01-012023-12-3112700131dpl:CostSales2022-01-012022-12-3112700131dpl:DistributionCosts2022-01-012022-12-3112700131core:LandBuildings2022-01-012022-12-3112700131core:PlantMachinery2022-01-012022-12-3112700131core:Vehicles2022-01-012022-12-3112700131core:FurnitureFittings2022-01-012022-12-3112700131core:OfficeEquipment2022-01-012022-12-3112700131dpl:AdministrativeExpenses2022-01-012022-12-3112700131core:NetGoodwill2022-01-012022-12-3112700131core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3112700131dpl:GroupUndertakings2022-01-012022-12-3112700131dpl:ParticipatingInterests2022-01-012022-12-3112700131dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3112700131core:ListedExchangeTraded2022-01-012022-12-3112700131dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3112700131core:UnlistedNon-exchangeTraded2022-01-012022-12-3112700131core:NetGoodwill2023-12-3112700131core:IntangibleAssetsOtherThanGoodwill2023-12-3112700131core:LandBuildings2023-12-3112700131core:PlantMachinery2023-12-3112700131core:Vehicles2023-12-3112700131core:FurnitureFittings2023-12-3112700131core:OfficeEquipment2023-12-3112700131core:AfterOneYear2023-12-3112700131core:WithinOneYear2023-12-3112700131core:ListedExchangeTraded2023-12-3112700131core:UnlistedNon-exchangeTraded2023-12-3112700131core:ShareCapital2023-12-3112700131core:SharePremium2023-12-3112700131core:RevaluationReserve2023-12-3112700131core:OtherReservesSubtotal2023-12-3112700131core:RetainedEarningsAccumulatedLosses2023-12-3112700131core:NetGoodwill2022-12-3112700131core:IntangibleAssetsOtherThanGoodwill2022-12-3112700131core:LandBuildings2022-12-3112700131core:PlantMachinery2022-12-3112700131core:Vehicles2022-12-3112700131core:FurnitureFittings2022-12-3112700131core:OfficeEquipment2022-12-3112700131core:AfterOneYear2022-12-3112700131core:WithinOneYear2022-12-3112700131core:ListedExchangeTraded2022-12-3112700131core:UnlistedNon-exchangeTraded2022-12-3112700131core:ShareCapital2022-12-3112700131core:SharePremium2022-12-3112700131core:RevaluationReserve2022-12-3112700131core:OtherReservesSubtotal2022-12-3112700131core:RetainedEarningsAccumulatedLosses2022-12-3112700131core:NetGoodwill2022-01-0112700131core:IntangibleAssetsOtherThanGoodwill2022-01-0112700131core:LandBuildings2022-01-0112700131core:PlantMachinery2022-01-0112700131core:Vehicles2022-01-0112700131core:FurnitureFittings2022-01-0112700131core:OfficeEquipment2022-01-0112700131core:AfterOneYear2022-01-0112700131core:WithinOneYear2022-01-0112700131core:ListedExchangeTraded2022-01-0112700131core:UnlistedNon-exchangeTraded2022-01-0112700131core:ShareCapital2022-01-0112700131core:SharePremium2022-01-0112700131core:RevaluationReserve2022-01-0112700131core:OtherReservesSubtotal2022-01-0112700131core:RetainedEarningsAccumulatedLosses2022-01-0112700131core:AfterOneYear2023-01-012023-12-3112700131core:WithinOneYear2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3112700131core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3112700131core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3112700131core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3112700131core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3112700131core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3112700131bus:Director12023-01-012023-12-31127001311bus:Director12023-01-01127001311bus:Director12023-01-012023-12-31127001311bus:Director12023-12-31127001312023-01-01127001312023-01-012023-12-31127001312023-12-31

ERPIQ LIMITED

Registered Number
12700131
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

ERPIQ LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

HAMM, Hagit

Registered Address

2 Norbury Close
Chandlers Ford
Eastleigh
SO53 1PZ

Registered Number

12700131 (England and Wales)
ERPIQ LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors3436,7257,176
Cash at bank and on hand458,472133,174
895,197140,350
Creditors amounts falling due within one year4(716,012)(126,646)
Net current assets (liabilities)179,18513,704
Total assets less current liabilities179,18513,704
Net assets179,18513,704
Capital and reserves
Called up share capital1,0001,000
Profit and loss account178,18512,704
Shareholders' funds179,18513,704
The financial statements were approved and authorised for issue by the Director on 25 April 2024, and are signed on its behalf by:
HAMM, Hagit
Director
Registered Company No. 12700131
ERPIQ LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
2.Average number of employees

20232022
Average number of employees during the year21
3.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables317,197563
Amounts owed by group undertakings5,9896,613
Prepayments and accrued income113,539-
Total436,7257,176
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables189,53852,545
Taxation and social security145,45317,066
Other creditors257-
Accrued liabilities and deferred income380,76457,035
Total716,012126,646
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
HAMM, Hagit06246240
06246240