Eppione Solutions Limited iXBRL

Company Registration Number: 11304760

Eppione Solutions Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 December 2024

Eppione Solutions Limited

DIRECTORS' REPORT

for the financial year ended 31 December 2024

The directors present their report and the unaudited financial statements for the financial year ended 31 December 2024.

Principal Activity

The principal activity of the company is the provision of information technology professional services.

Directors

The directors who served during the financial year are as follows:

David Kindlon

Neil Fallon

The Company is 100% owned by Eppione Holdings Limited. That Company has issued 124,000 €1.00 Ordinary Shares and 55,753 €1.00 Series A Preferred Shares. Of the 124,000 Ordinary Shares, the Directors have the following indirect interests in shares via their respective personal holding companies:-

1) Gold Carrot Holdings Limited is a company owned 100% by David Kindlon. This entity holds 37,200 €1.00 Ordinary Shares in the Company

2) Green Carrot Holdings Limited is a company owned 50% by Jacqueline Legrand. This entity holds 37,200 €1.00 Ordinary Shares in the Company

3) White Carrot Holdings Limited is a company owned 100% by Neil Fallon. This entity holds 18,600 €1.00 Ordinary Shares in the Company

Each of the above personal holding companies are incorporated in the Republic of Ireland.

In addition, David Kindlon holds 1,240 Ordinary €1.00 shares directly in Eppione Holdings Limited.

In accordance with the Constitution, the directors retire by rotation and, being eligible, offer themselves for re-election.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report 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 FRS 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 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.

Special provisions relating to small companies

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

On behalf of the board

David Kindlon

Neil Fallon

Director

22 September 2025

Eppione Solutions Limited

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial year ended 31 December 2024

	2024	2023
Notes	£	£

Gross profit		163,822	13,222

Administrative expenses		(311,362)	(429,578)
		─────────	─────────
Operating loss	3	(147,540)	(416,356)

Interest receivable and similar income		-	1
Interest payable and similar charges		-	(5)
		─────────	─────────
Loss on ordinary activities before taxation		(147,540)	(416,360)

Tax on loss on ordinary activities		-	-
		─────────	─────────
Loss for the financial year		(147,540)	(416,360)
		─────────	─────────
Total comprehensive income		(147,540)	(416,360)
		═════════	═════════

Eppione Solutions Limited

Company Registration Number: 11304760

ABRIDGED BALANCE SHEET

as at 31 December 2024

		2024	2023
	Notes	£	£

Fixed Assets

Tangible assets

557

1,113

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Current Assets

Debtors

57,297

2,736

Cash and cash equivalents

6,690

4,386

─────────

63,987

7,122

─────────

Creditors: amounts falling due within one year

(812,292)

(608,443)

─────────

Net Current Liabilities

(748,305)

(601,321)

─────────

Total Assets less Current Liabilities

(747,748)

(600,208)

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

(747,848)

(600,308)

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Equity attributable to owners of the company

(747,748)

(600,208)

═════════

These abridged financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 22 September 2025 and signed on its behalf by




David Kindlon			Neil Fallon
Director			Director

Eppione Solutions Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 December 2024

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2023	100	(183,948)	(183,848)
	─────────	─────────	─────────
Loss for the financial year	-	(416,360)	(416,360)
	─────────	─────────	─────────
At 31 December 2023	100	(600,308)	(600,208)
	─────────	─────────	─────────
Loss for the financial year	-	(147,540)	(147,540)
	─────────	─────────	─────────
At 31 December 2024	100	(747,848)	(747,748)
	═════════	═════════	═════════

Eppione Solutions Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2024

General Information

Eppione Solutions Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 11304760. The registered office of the company is 29 Throgmorton Street, Warnford Court, London, EC2N 2AT, United Kingdom which is also the principal place of business of the company. The principal activity of the company is the provision of information technology professional services. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Cash flow statement

The company has availed of the exemption in FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Operating loss	2024	2023
		£	£
	Operating loss is stated after charging:
	Depreciation of tangible assets	556	556
		═════════	═════════

Employees

The average monthly number of employees, including directors, during the financial year was 0, (2023 - 0).


5.	Tangible assets
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 January 2024	2,225	2,225
		─────────	─────────

	At 31 December 2024	2,225	2,225
		─────────	─────────
	Depreciation
	At 1 January 2024	1,112	1,112
	Charge for the financial year	556	556
		─────────	─────────
	At 31 December 2024	1,668	1,668
		─────────	─────────
	Net book value
	At 31 December 2024	557	557
		═════════	═════════
	At 31 December 2023	1,113	1,113
		═════════	═════════


6.	Creditors	2024	2023
	Amounts falling due within one year	£	£

	Trade creditors	(4,122)	240
	Amounts owed to group undertakings	778,991	603,022
	Taxation	18,692	-
	Other creditors	4,943	3,174
	Accruals	13,788	2,007
		─────────	─────────
		812,292	608,443
		═════════	═════════


7.	Share capital			2024	2023
				£	£
	Description	Number of shares	Value of units

	Allotted, called up and fully paid
	Ordinary shares	100	£1.00 each	100	100

				═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2024.

Parent company

The company regards Eppione Holdings Limited as its parent company.

10.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.