REGISTERED NUMBER: 06754291 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Newgen Publishing UK Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Bottrill

M Elancheran

V P Ram

REGISTERED OFFICE:

Carlson Suite

Building 8

Vantage Point Business Village

Mitcheldean

Gloucestershire

GL17 0DD

REGISTERED NUMBER:

06754291 (England and Wales)

SENIOR STATUTORY AUDITOR:

Ben Hall FCA

INDEPENDENT AUDITORS:

millhall consultants ltd

Carlson Suite

Vantage Point Business Village

Mitcheldean

Gloucestershire

GL17 0DD

FIXED ASSETS

Intangible assets

4

11,938

17,906

Tangible assets

5

4,276

5,386

16,214

23,292

CURRENT ASSETS

Work in progress

1,040,484

1,341,350

Debtors

6

1,110,945

778,416

Cash at bank

44,818

195,933

2,196,247

2,315,699

CREDITORS

Amounts falling due within one year

7

2,836,228

3,030,929

NET CURRENT LIABILITIES

(639,981

)

(715,230

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(623,767

)

(691,938

)

PROVISIONS FOR LIABILITIES

971

1,182

NET LIABILITIES

(624,738

)

(693,120

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(624,838

)

(693,220

)

(624,738

)

(693,120

)

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 2025 and were signed on its behalf by:

J Bottrill - Director

1.	STATUTORY INFORMATION

Newgen Publishing UK Ltd. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Rendering of services

Turnover 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.

Goodwill

Amortisation of goodwill was provided on intangible fixed assets so as to write off the cost, less any estimated residual value over their useful economic life as follows:

Goodwill - 20% straight line

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Depreciation is provided on tangible fixed assets so as to write off the cost, less and estimated residual value over their useful economic life as follows:

Plant and machinery - Straight line over 3 years

Work in progress

Work in progress is recorded in accordance with the completion stage of each individual project, less amounts billed to date. The company calculates the end dates of its contracts as the delivery date, minus fifteen days, on the assumption that all costs are incurred at least fifteen days prior to project completion.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

After reviewing the forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The major part of the company's working capital requirements is provided by an intercompany loan from Newgen DigitalWorks Private Limited (Registered in India), a related company and ultimate parent company, which is repayable on demand. There is no formal agreement in place, however, the Directors of the parent company have given formal representations to the auditors that they will not demand repayment and that continuing financial and operational support will be provided to the entity to enable it to trade for at least the twelve months from the signing of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 39 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

37,000

23,874

60,874

AMORTISATION

At 1 April 2024

37,000

5,968

42,968

Charge for year

-

5,968

5,968

At 31 March 2025

37,000

11,936

48,936

NET BOOK VALUE

At 31 March 2025

-

11,938

11,938

At 31 March 2024

-

17,906

17,906

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

90,755

Additions

4,547

At 31 March 2025

95,302

DEPRECIATION

At 1 April 2024

85,369

Charge for year

5,657

At 31 March 2025

91,026

NET BOOK VALUE

At 31 March 2025

4,276

At 31 March 2024

5,386

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

909,808

740,731

Amounts owed by group undertakings

181,526

5,000

Other debtors

19,611

32,685

1,110,945

778,416

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Bank loans and overdrafts

666

1,093

Trade creditors

181,375

145,839

Amounts owed to group undertakings

2,065,179

2,634,275

Taxation and social security

166,204

88,900

Other creditors

422,804

160,822

2,836,228

3,030,929

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

The auditor's report on these financial statements was unqualified and includes an emphasis of matter related to going concern, emphasising the reliance of the company on the support of the parent company. The auditor's report was signed on 2 September 2025 by Ben Hall FCA (senior statutory auditor) for and on behalf of millhall consultants ltd, Carlson Suite, Vantage Point Business Village, Mitcheldean, Gloucestershire GL17 0DD.

9.	PENSION COMMITMENTS

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 pension cost charge represents contributions payable by the company to the fund and amounted to £39,188 (2024: £47,762). Contributions totalling £5,191 (2024: £7,315) were payable to the fund at the balance sheet date and are included in creditors.

10.	RELATED PARTY DISCLOSURES

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' Section 33.1a, not to disclose related party transactions with companies under the same control.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Newgen DigitalWorks Pvt Ltd., a company incorporated in India, based on its shareholding.

Newgen DigitalWorks Pvt Ltd represents the smallest and largest group for which consolidated accounts are prepared. Consolidated accounts are available from Newgen DigitalWorks Pvt Ltd., Baid Hitech Park 3rd Floor, 129 B, East Coast Road, Valmiki Nagar, Thiruvanmiyur, Chennai, Tamil Nadu, India, 600 041.