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REGISTERED NUMBER: 09490756 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ECLERX INVESTMENTS (UK) LIMITED

ECLERX INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 09490756)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ECLERX INVESTMENTS (UK) LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTOR: A Malik



REGISTERED OFFICE: 4 Red Lion Court
Alexandra Road
Hounslow
Middlesex
TW3 1JS



REGISTERED NUMBER: 09490756 (England and Wales)



SENIOR STATUTORY AUDITOR: Dipak Patel



AUDITORS: Parker Lloyd
Accountants and Statutory Auditors
11 Old Court House
Old Court Place
London
W8 4PD

ECLERX INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 09490756)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 13,012,302 12,774,542

CURRENT ASSETS
Debtors 5 13,397 -
Prepayments and accrued income - 13,519
Cash at bank 1,625,605 2,025,434
1,639,002 2,038,953
CREDITORS
Amounts falling due within one year 6 3,270 87,278
NET CURRENT ASSETS 1,635,732 1,951,675
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,648,034

14,726,217

CAPITAL AND RESERVES
Called up share capital 13,523,317 13,523,317
Retained earnings 1,124,717 1,202,900
SHAREHOLDERS' FUNDS 14,648,034 14,726,217

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 director and authorised for issue on 8 October 2024 and were signed by:





A Malik - Director


ECLERX INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 09490756)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Eclerx Investments (UK) 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.

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 1 (2023 - 1 ) .

ECLERX INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 09490756)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 12,774,542
Additions 237,760
At 31 March 2024 13,012,302
NET BOOK VALUE
At 31 March 2024 13,012,302
At 31 March 2023 12,774,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 13,397 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 88 -
Taxation and social security 69 84,565
Other creditors 3,113 2,713
3,270 87,278

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Dipak Patel (Senior Statutory Auditor)
for and on behalf of Parker Lloyd

8. RELATED PARTY DISCLOSURES

CLX Europe S.p.A - Interest income receivable by the Company £NIL [2023 - £4,773]
eClerx Switzerland SA - Expenses incurred by Company for subsidiary £11,682 [2023 - £NIL]

9. ULTIMATE PARENT COMPANY

eClerx Services Limited
Sonawala Building
1st Floor, 29 Bank Street
Fort, Mumbai 400 023
Maharashtra, India.