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Registration number: 08557252

Eppix Esolution Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Eppix Esolution Limited

Contents

Company Information | 1
Statement of Directors' Responsibilities | 2
Statement of Financial Position | 3
Notes to the Unaudited Financial Statements | 4 to 11

Eppix Esolution 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

Eppix Esolution Limited

Statement of Directors' Responsibilities

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). 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.

Eppix Esolution Limited

(Registration number: 08557252)
Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 407 | 813
Investments | 6 | 311,100 | 311,100
|  | 311,507 | 311,913
Current assets |  |  |
Debtors | 7 | 1,103,310 | 1,350,102
Cash at bank and in hand |  | 3,356 | 15,898
|  | 1,106,666 | 1,366,000
Creditors: Amounts falling due within one year | 8 | (5,876,987) | (5,510,422)
Net current liabilities |  | (4,770,321) | (4,144,422)
Net liabilities |  | (4,458,814) | (3,832,509)
Capital and reserves |  |  |
Called up share capital | 9 | 1,412,150 | 1,412,150
Retained earnings |  | (5,870,964) | (5,244,659)
Shareholders' deficit |  | (4,458,814) | (3,832,509)

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.

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.

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

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

Eppix Esolution Limited

Notes to the Unaudited 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 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 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.

Eppix Esolution Limited

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

Tax

The tax expense for the period comprises current 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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:
Computer equipment- 25% straight line

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.

Amortisation

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

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.

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.

Eppix Esolution Limited

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

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.

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.

Eppix Esolution Limited

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

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 8).

Eppix Esolution Limited

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

4 | Intangible assets

| Trademarks, patents and licenses £ | Total £
Cost or valuation
At 1 April 2024 | 1,671,851 | 1,671,851
At 31 March 2025 | 1,671,851 | 1,671,851
Amortisation
At 1 April 2024 | 1,671,851 | 1,671,851
At 31 March 2025 | 1,671,851 | 1,671,851
Carrying amount
At 31 March 2025 | - | -

5 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 April 2024 | 17,443 | 17,443
At 31 March 2025 | 17,443 | 17,443
Depreciation
At 1 April 2024 | 16,630 | 16,630
Charge for the year | 406 | 406
At 31 March 2025 | 17,036 | 17,036
Carrying amount
At 31 March 2025 | 407 | 407
At 31 March 2024 | 813 | 813

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 311,100 | 311,100

Eppix Esolution Limited

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

Subsidiaries | £
Cost or valuation
At 1 April 2024 | 311,100
Provision
Carrying amount
At 31 March 2025 | 311,100
At 31 March 2024 | 311,100

7 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 737 | 42,378
Amounts owed by related parties | 11 | 1,019,642 | 1,174,182
Prepayments |  | 1,214 | 5,392
Other debtors |  | 81,717 | 128,150
|  | 1,103,310 | 1,350,102

Eppix Esolution Limited

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

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | - | 136,113
Trade creditors |  | 98 | 815
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 11 | 5,697,273 | 5,043,113
Taxation and social security |  | 11,833 | 14,251
Accruals and deferred income |  | 167,783 | 225,674
Other creditors |  | - | 90,456
|  | 5,876,987 | 5,510,422

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,412,150 | 1,412,150 | 1,412,150 | 1,412,150

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 136,113

11 | Related party transactions

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', not to disclose related party transactions with wholly owned subsidiaries within the group.

Eppix Esolution Limited

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

12 | Parent and ultimate parent undertaking

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