Infogain Solutions Limited 31/03/2025 iXBRL

Company registration number: 03624322

Infogain Solutions Limited

Filleted financial statements

31 March 2025

Infogain Solutions Limited

Contents

Directors and other information

Directors responsibilities statement

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Infogain Solutions Limited

Directors and other information


Directors	Kulesh Bansal	(Resigned 14 January 2025)
	Rakesh Kumar Malhotra
	Aditya Chandhok	(Resigned 14 January 2025)
	Naha Kathuria	(Appointed 14 January 2025)(Resigned 6 May 2025)
	Dinesh Venugopal	(Appointed 6 May 2025)


Company number	03624322


Registered office	Millbank Tower Citibase
	21-24 Millbank
	London
	SW1P 4QP


Auditor	Hicks and Company
	Vaughan Chambers
	Vaughan Road
	Harpenden
	Hertfordshire
	AL5 4EE

Infogain Solutions Limited

Directors responsibilities statement

Year ended 31 March 2025

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). 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 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 then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- 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.

Infogain Solutions Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	5,418		8,914
Investments	7	20,233		20,233
		_______		_______
			25,651		29,147

Current assets
Debtors	8	440,335		1,070,943
Cash at bank and in hand		1,375,803		488,313
		_______		_______
		1,816,138		1,559,256
Creditors: amounts falling due
within one year	9	( 234,835)		( 312,406)
		_______		_______
Net current assets			1,581,303		1,246,850
			_______		_______
Total assets less current liabilities			1,606,954		1,275,997

			_______		_______
Net assets			1,606,954		1,275,997
			_______		_______

Capital and reserves
Called up share capital			300,000		300,000
Profit and loss account			1,306,954		975,997
			_______		_______
Shareholders funds			1,606,954		1,275,997
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 13 October 2025 , and are signed on behalf of the board by:

Rakesh Kumar Malhotra

Director

Company registration number: 03624322

Infogain Solutions Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	300,000	1,008,721	1,308,721

Profit/(loss) for the year		( 32,724)	( 32,724)
	_______	_______	_______
Total comprehensive income for the year	-	( 32,724)	( 32,724)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	300,000	975,997	1,275,997

Profit/(loss) for the year		330,957	330,957
	_______	_______	_______
Total comprehensive income for the year	-	330,957	330,957

	_______	_______	_______
At 31 March 2025	300,000	1,306,954	1,606,954
	_______	_______	_______

Infogain Solutions Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Millbank Tower Citibase, 21-24 Millbank, London, SW1P 4QP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	Straight line over 3 years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Operating profit/loss

Operating profit/loss is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	5,273	4,645
Foreign exchange differences	79,733	74,674
Fees payable for the audit of the financial statements	3,050	9,500
	_______	_______

5. Employee numbers

The average number of persons employed by the company during the year amounted to 23 (2024: 24 ).

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024	59,443	59,443
Additions	1,777	1,777
	_______	_______
At 31 March 2025	61,220	61,220
	_______	_______
Depreciation
At 1 April 2024	50,529	50,529
Charge for the year	5,273	5,273
	_______	_______
At 31 March 2025	55,802	55,802
	_______	_______
Carrying amount
At 31 March 2025	5,418	5,418
	_______	_______
At 31 March 2024	8,914	8,914
	_______	_______

7. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	20,233	20,233
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	20,233	20,233
	_______	_______
At 31 March 2024	20,233	20,233
	_______	_______

Investments in group undertakings
	Registered office	Class of share	Percentage of shares held
Subsidiary undertakings
Infogain Technologies SP.Z.O.O	Poland	Ordinary	100

The results and capital and reserves for the period of the trading companies are as follows:


		Capital and		Profit/(loss)
		reserves		for the
				period
	2025	2024	2025	2024
	£	£	£	£
Subsidiary undertakings
Infogain Technologies SP.Z.O.O	2,607,911	1,935,599	658,596	563,110

8. Debtors

	2025	2024
	£	£
Trade debtors	54,073	103,911
Amounts owed by group undertakings and undertakings in which the company has a participating interest	300,015	867,274
Other debtors	86,247	99,758
	_______	_______
	440,335	1,070,943
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	34,579	80,690
Amounts owed to group undertakings and undertakings in which the company has a participating interest	11,649	38,608
Corporation tax	64,288	-
Other creditors	124,319	193,108
	_______	_______
	234,835	312,406
	_______	_______

10. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	12,528	14,700
	_______	_______

11. Summary audit opinion

The auditor's report dated 13 October 2025 was unqualified.

The senior statutory auditor was Philip Dean for and on behalf of Hicks and Company

12. Related party transactions

As a wholly owned subsidiary of the group headed by Infogain Corporation Inc, the company has taken advantage of the exemption as provided by FRS102 1A not to disclose transactions with other wholly owned members of the group.

13. Ultimate parent party

The immediate parent company is Infogain Corporation (1209 Orange Street, Wilmington, New Castle County, Delware 19801), a company registered in the United States of America. The ultimate parent company and controlling party is Apax X GP Co. limited (Third Floor, Royal bank Place, 1 Glategny Esplanade, St Peter Port, GY1 2HY Guernsey), a company which is registered in Guernsey.