The directors present the strategic report for the year ended 30 June 2023.
The company acts as a holding company. The company made a profit of £0 for the year ended 30 June 2023 (2022: Loss of £936). At 30 June 2023, the company has carried forward net assets of £4,804 (2022: £4,804). For the consolidated group results please see the financial statements of Eximius 2.0 Limited.
Eximius Management Holdings Limited is the holding company for the group of companies headed by Eximius Group Limited which places professionals into the Financial Services, Legal, Administration and IT sectors on a permanent and contract basis. In line with the business's long term plan, key priorities for the future are to continue to :
Protect and grow the business's core revenues,
Increase revenues from contract placements as a percentage of total revenues, and
Focus on expanding into other markets.
The company does not have principal risks and uncertainties.
The company does not have any key performance indicators.
On behalf of the board
Eximius Management Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor 107 Leadenhall Street, London, United Kingdom, EC3A 4AA.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:
- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;
- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues’: Interest income/expense and net gains/losses for each category of financial instrument; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;
- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.
The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.
Eximius Management Holdings Limited is a wholly owned subsidiary of Eximius 2.0 Limited and the results of Eximius Management Holdings Limited are included in the consolidated financial statements of Eximius 2.0 Limited. The registered address is 5th Floor 107 Leadenhall Street, London EC3A 4AA.
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
The average monthly number of persons (including directors) employed by the company during the year was:
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
In the opinion of the directors, Nick Harrington is the ultimate controlling party. The parent company is Eximius 2.0 Limited. The registered office is 5th Floor 107 Leadenhall Street, London, EC3A 4AA