REGISTERED NUMBER: 06352577 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Eappsys Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P K R Baddam

REGISTERED OFFICE:

Suite 205, The Mille

Great West Road,

Brentford

Middlesex

TW8 9DW

REGISTERED NUMBER:

06352577 (England and Wales)

ACCOUNTANTS:

SPC Nathans

Suite 201

AIRIVO

69-75 Boston Manor Road

Brentford

Middlesex

TW8 9JJ

FIXED ASSETS

Tangible assets

4

99,983

-

Investments

5

29,350

29,350

129,333

29,350

CURRENT ASSETS

Debtors

6

2,012,780

1,953,208

Cash at bank

326,024

652,730

2,338,804

2,605,938

CREDITORS

Amounts falling due within one year

7

514,765

547,447

NET CURRENT ASSETS

1,824,039

2,058,491

TOTAL ASSETS LESS CURRENT LIABILITIES

1,953,372

2,087,841

CREDITORS

Amounts falling due after more than one year

8

88,310

-

NET ASSETS

1,865,062

2,087,841

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

1,865,060

2,087,839

SHAREHOLDERS' FUNDS

1,865,062

2,087,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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 30 December 2025 and were signed by:

P K R Baddam - Director

1.	STATUTORY INFORMATION

Eappsys 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

102,110

At 31 March 2025

102,110

DEPRECIATION

Charge for year

2,127

At 31 March 2025

2,127

NET BOOK VALUE

At 31 March 2025

99,983

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

29,350

NET BOOK VALUE

At 31 March 2025

29,350

At 31 March 2024

29,350

The company's investments at the Balance Sheet date in the share capital of companies include the following:

EAPPSYS INFO SOLUTIONS INDIA PRIVATE LIMITED

Registered office: India

Nature of business: Information Technology Consultancy

%

Class of shares:

holding

Ordinary

51.00

Remaining 49% of the share capital is held by a shareholder of Eappsys Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

309,244

411,829

Amounts owed by group undertakings

228,169

228,169

Other debtors

602,497

578,427

Directors' current accounts

234,322

-

Accrued income

345,864

418,877

Prepayments

292,684

315,906

2,012,780

1,953,208

Other debtors include amounts of £522,867 (2024: £524,867) due from related companies. The loans are interest-free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

320,825

258,998

Taxation and social security

182,198

281,415

Other creditors

11,742

7,034

514,765

547,447

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

88,310

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

2,087,839

Profit for the year

281,721

Dividends

(504,500

)

At 31 March 2025

1,865,060

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

P K R Baddam

Balance outstanding at start of year

-

-

Amounts advanced

234,322

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

234,322

-

Interest was charged at the official rate, and the loan was subsequently repaid after the year end.