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Registration number: 05343040

Eppixcomm Tech Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 March 2025

Eppixcomm Tech Limited

Contents

Company Information | 1
Abridged Statement of Financial Position | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 10

Eppixcomm Tech Limited

Company Information

Directors | Mr RK Goenka Mr A Jhawar

Company secretary | Mr RK Goenka

Registered office | Churchill House 137-139 Brent Street London NW4 4DJ

Accountants | Sterling Associates Chartered Certified Accountants5 Theobald Court Theobald Street Elstree Hertfordshire WD6 4RN

Eppixcomm Tech Limited

(Registration number: 05343040)
Abridged Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 93,730 | 153,305
Other financial assets | 6 | 1 | 1
|  | 93,731 | 153,306
Current assets |  |  |
Debtors |  | 4,555,242 | 4,017,088
Cash at bank and in hand |  | 59,522 | 68,684
|  | 4,614,764 | 4,085,772
Prepayments and accrued income |  | 56,375 | 52,544
Creditors: Amounts falling due within one year |  | (2,671,555) | (2,458,026)
Net current assets |  | 1,999,584 | 1,680,290
Total assets less current liabilities |  | 2,093,315 | 1,833,596
Creditors: Amounts falling due after more than one year | 7.1 | (27,114) | (32,841)
Provisions for liabilities |  | (21,951) | (36,026)
Accruals and deferred income |  | (68,284) | (91,829)
Net assets |  | 1,975,966 | 1,672,900
Capital and reserves |  |  |
Called up share capital | 8 | 1,250,000 | 1,250,000
Retained earnings |  | 725,966 | 422,900
Shareholders' funds |  | 1,975,966 | 1,672,900

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Statement of Financial Position in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Eppixcomm Tech Limited

(Registration number: 05343040)
Abridged Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 29 December 2025 and signed on its behalf by:

......................................... Mr RK Goenka Company secretary and director

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Churchill House
137-139 Brent Street
London
NW4 4DJ

These financial statements were authorised for issue by the Board on 29 December 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Office equipment - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 30,209 | 88,024 | 187,439 | 305,672
Disposals | - | - | (63,171) | (63,171)
At 31 March 2025 | 30,209 | 88,024 | 124,268 | 242,501
Depreciation
At 1 April 2024 | 29,179 | 81,819 | 41,370 | 152,368
Charge for the year | 303 | 1,225 | 36,989 | 38,517
Eliminated on disposal | - | - | (42,114) | (42,114)
At 31 March 2025 | 29,482 | 83,044 | 36,245 | 148,771
Carrying amount
At 31 March 2025 | 727 | 4,980 | 88,023 | 93,730
At 31 March 2024 | 1,031 | 6,204 | 146,070 | 153,305

5 | Investments

Cost or valuation
Provision
Carrying amount
At 31 March 2025

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

| 2025 £ | 2024 £

6 | Other financial assets (current and non-current)

| Financial assets at cost less impairment £ | Total £
Non-current financial assets
Cost or valuation
At 1 April 2024 | 1 | 1
At 31 March 2025 | 1 | 1
Impairment
Carrying amount
At 31 March 2025 | 1 | 1

7 | Creditors

Creditors: amounts falling due after more than one year

On 6 May 2021, the company received a Coronavirus Business Interruption Loan (CBIL) of £50,000. The terms
of th CBIL loan were amended in the year ended 31 March 2022 to a fixed rate interest bearing loan, repayable
in 120 months (previously in 72 months) with interest charged at a rate of 2.5% per annum. The final repayment date of the loan is June 2030.

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000

Eppixcomm Tech Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

9 | Related party transactions

During the year ended 31 March 2025, interest was charged on a loan provided to JRL Marketing Limited, a company under common control, totalling £49 (2024: £5,769). At the year end, the amount due to the company was £Nil (2024 :£45,739). The loan incurs interest at a rate of 6% per annum and is repayable on demand in US Dollars.
At the year end £328,278 (2024: £333,129) was due to Redtech Network India Private Limited, an associated company through common control. The loan is interest free and repayable on demand in Pound Sterling.

10 | Parent and ultimate parent undertaking

The company's immediate parent is Eppix Group Holdings Limited, incorporated in Enagland and Wales.
The ultimate controlling party is Mr Prashant Jhawar.