REGISTERED NUMBER: 06450915 (England and Wales)

Report of the Directors and

Financial Statements for the Year Ended 31st December 2024

for

Enterprise Blueprints Limited

Page

Company Information

1

Report of the Directors

2

Report of the Independent Auditors

4

Income Statement

8

Statement of Other Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

DIRECTORS:

N Mulholland

L A Hermoye

S P Phillips

M J van der Vleugal

REGISTERED OFFICE:

118 Pall Mall

London

SW1Y 5EA

REGISTERED NUMBER:

06450915 (England and Wales)

SENIOR STATUTORY AUDITOR:

Simon Kite

AUDITORS:

Saffery LLP

Statutory Auditors

Trinity

16 John Dalton Street

Manchester

M2 6HY

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of providing computer architecture services.

FUTURE DEVELOPMENTS

The directors have assessed the company's ability to continue as a going concern and have concluded that it is not appropriate to prepare the financial statements on a going concern basis

The company is expected to cease trading on 31 August 2025 as part of a planned integration of its operations into the wider Bain & Company group structure. This strategic decision is aimed at streamlining group operations and achieving greater operational efficiency.

As a result, the financial statements for the year ended 31 December 2024 have been prepared on a basis other than a going concern. Under this basis, assets are stated at their net realisable value, and liabilities include provisions for anticipated costs associated with the cessation of trade. The directors consider this to be the most appropriate basis in the circumstances.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

N Mulholland

L A Hermoye

S P Phillips

M J van der Vleugal

Other changes in directors holding office are as follows:

I D Taylor - resigned 25th April 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

Saffery LLP were reappointed as auditors during the year and a resolution to reappoint them as auditors will be proposed in accordance with section 485 of the Companies Act 2006

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

N Mulholland - Director

28th August 2025

Opinion

We have audited the financial statements of Enterprise Blueprints Limited (the 'company') for the year ended 31st December 2024 which comprise the Income Statement, Statement of Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31st December 2024 and of its loss for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

Emphasis of matter

We draw attention to Note 2 to the financial statements which explains that the directors intend to liquidate the company and therefore do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 2.

Our opinion is not modified in this respect of this matter.

Other information

The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the company's financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the company by discussions with directors and updating our understanding of the sector in which the company operates.

Laws and regulations of direct significance in the context of the company include The Companies Act 2006, and UK Tax legislation.

Audit response to risks identified:

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the company's policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Simon Kite (Senior Statutory Auditor)

for and on behalf of Saffery LLP

Statutory Auditors

Trinity

16 John Dalton Street

Manchester

M2 6HY

28th August 2025

TURNOVER

10,676,320

7,576,874

Cost of sales

8,965,915

7,302,848

GROSS PROFIT

1,710,405

274,026

Administrative expenses

1,915,639

1,281,490

(205,234

)

(1,007,464

)

Other operating income

-

49

OPERATING LOSS

4

(205,234

)

(1,007,415

)

Interest receivable and similar income

3,836

4,788

(201,398

)

(1,002,627

)

Interest payable and similar expenses

59,153

15,788

LOSS BEFORE TAXATION

(260,551

)

(1,018,415

)

Tax on loss

6,798

(253,248

)

LOSS FOR THE FINANCIAL YEAR

(267,349

)

(765,167

)

LOSS FOR THE YEAR

(267,349

)

(765,167

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

(267,349

)

(765,167

)

FIXED ASSETS

Tangible assets

6

28,935

39,826

CURRENT ASSETS

Debtors

7

573,259

938,090

Cash at bank

1,555,690

879,312

2,128,949

1,817,402

CREDITORS

Amounts falling due within one year

8

2,534,891

857,527

NET CURRENT (LIABILITIES)/ASSETS

(405,942

)

959,875

TOTAL ASSETS LESS CURRENT LIABILITIES

(377,007

)

999,701

CREDITORS

Amounts falling due after more than one year

9

-

(1,116,593

)

PROVISIONS FOR LIABILITIES

(7,234

)

-

NET LIABILITIES

(384,241

)

(116,892

)

CAPITAL AND RESERVES

Called up share capital

409

409

Retained earnings

(384,650

)

(117,301

)

SHAREHOLDERS' FUNDS

(384,241

)

(116,892

)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 28th August 2025 and were signed on its behalf by:

N Mulholland - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1st January 2023

409

647,866

648,275

Changes in equity

Total comprehensive income

-

(765,167

)

(765,167

)

Balance at 31st December 2023

409

(117,301

)

(116,892

)

Changes in equity

Total comprehensive income

-

(267,349

)

(267,349

)

Balance at 31st December 2024

409

(384,650

)

(384,241

)

1.	STATUTORY INFORMATION

Enterprise Blueprints 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 on a basis other than a going concern, following the decision to cease trading on 31 August 2025. As a result, assets have been stated at their estimated net realisable value and liabilities at the amounts expected to be settled. The directors consider this basis to be appropriate given the planned winding down of the company's operations under the Enterprise Blueprints legal entity.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 is based upon billable time and materials from recorded time sheets, and is recognised as work is performed.

Tangible fixed assets

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

Plant and machinery etc

-

33% on 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.

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 43 (2023 - 33 ) .

4.	OPERATING LOSS

The operating loss is stated after charging:

31/12/24

31/12/23

£

£

Depreciation - owned assets

15,713

4,708

5.	EXCEPTIONAL ITEMS

As the financial statements have been prepared on a basis other than going concern, the directors have reassessed the recoverability of the deferred tax asset previously recognised. Given the cessation of trading and the absence of future taxable profits, the deferred tax asset no longer meets the recognition criteria under FRS 102 Section 29.

Accordingly, the deferred tax asset of £247,179 has been reclassified to a deferred tax liability of £7,234, resulting in a charge to the profit and loss account of £254,413. This adjustment reflects the revised expectation that the asset will not be recoverable in the winding-up of the company.

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

44,534

Additions

4,822

At 31st December 2024

49,356

DEPRECIATION

At 1st January 2024

4,708

Charge for year

15,713

At 31st December 2024

20,421

NET BOOK VALUE

At 31st December 2024

28,935

At 31st December 2023

39,826

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

38,091

272,731

Other debtors

535,168

665,359

573,259

938,090

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

165,414

190,618

Amounts owed to associates

1,175,113

-

Taxation and social security

325,576

325,873

Other creditors

868,788

341,036

2,534,891

857,527

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Amounts owed to group undertakings

-

1,116,593

10.	RELATED PARTY DISCLOSURES

As the Company is ultimately controlled by Bain & Company the company has taken advantage of the exemption provided in paragraph 33.1A of FRS 102 "Related Party Transaction"

The immediate parent undertaking is Bain EB Holdings LLC and the ultimate controlling party is Bain & Company, which prepares group financial statements. The registered office of Bain & Company is 131 Dartmouth Street, Boston, Massachusetts 02116, United States.

11.	POST BALANCE SHEET EVENTS

As a result of the company ceasing to trade, there are additional exceptional costs that will be incurred by the company, post balance sheet. At the time of signing, the actual costs could not be accurately quantified.