Enghouse Interactive Holdings (UK) Ltd - Limited company accounts 16.3

REGISTERED NUMBER: 02192342 (England and Wales)

Report of the Director and

Financial Statements

for the Year Ended 31 October 2016

for

ENGHOUSE INTERACTIVE HOLDINGS (UK)

LIMITED

Page

Company Information

1

Report of the Director

2

Report of the Independent Auditors

4

Profit and Loss Account

6

Balance Sheet

7

Notes to the Financial Statements

8

DIRECTOR:

S J Sadler

SECRETARY:

D C Bryson

REGISTERED OFFICE:

Imperium

Imperial Way

Reading

Berkshire

RG2 0TD

REGISTERED NUMBER:

02192342 (England and Wales)

AUDITORS:

Masons Statutory Auditors

337 Bath Road

Slough

Berkshire

SL1 5PR

The director presents his report with the financial statements of the company for the year ended 31 October 2016.

PRINCIPAL ACTIVITIES

The principal activities of the company in the year under review were those of a holding company of a

group.

REVIEW OF BUSINESS

The company was non trading throughout the year.

DIVIDENDS

No dividends will be distributed for the year ended 31 October 2016.

DIRECTOR

S J Sadler held office during the whole of the period from 1 November 2015 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in

accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law

the director has 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 director must not approve the financial statements unless he is 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 director is required to:

-	select suitable accounting policies and then apply them consistently;

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

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is

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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the

Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he

ought to have taken as a director in order to make himself aware of any relevant audit information and to

establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

S J Sadler - Director

16 July 2017

We have audited the financial statements of Enghouse Interactive Holdings (UK) Limited for the year ended

31 October 2016 on pages six to ten. The financial reporting framework that has been applied in their

preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally

Accepted Accounting Practice).

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of

the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's

members those matters we are required to state to them in a Report of the Auditors and for no other purpose.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the

company and the company's members as a body, for our audit work, for this report, or for the opinions we

have formed.

Respective responsibilities of director and auditors

As explained more fully in the Statement of Director's Responsibilities set out on page two, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.

Scope of the audit of the financial statements

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient

to give reasonable assurance that the financial statements are free from material misstatement, whether

caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to

the company's circumstances and have been consistently applied and adequately disclosed; the

reasonableness of significant accounting estimates made by the director; and the overall presentation of the

financial statements. In addition, we read all the financial and non-financial information in the Report of the

Director to identify material inconsistencies with the audited financial statements and to identify any

information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge

acquired by us in the course of performing the audit. If we become aware of any apparent material

misstatements or inconsistencies we consider the implications for our report.

Opinion on financial statements

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 October 2016 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion the information given in the Report of the Director for the financial year for which the

financial statements are prepared is consistent with the financial statements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to

report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Neil John Gadeke FCCA (Senior Statutory Auditor)

for and on behalf of Masons Statutory Auditors

337 Bath Road

Slough

Berkshire

SL1 5PR

16 July 2017

TURNOVER

-

-

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

4

-

-

Tax on profit on ordinary activities

5

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

CONTINUING OPERATIONS

None of the company's activities were acquired or discontinued during the current year or previous year.

TOTAL RECOGNISED GAINS AND LOSSES

The company has no recognised gains or losses for the current year or previous year.

FIXED ASSETS

Investments

6

548,536

548,536

CURRENT ASSETS

Debtors

7

13

-

Cash at bank

54,883

54,896

54,896

54,896

NET CURRENT ASSETS

54,896

54,896

TOTAL ASSETS LESS CURRENT LIABILITIES

603,432

603,432

CAPITAL AND RESERVES

Called up share capital

8

1,319,439

1,319,439

Profit and loss account

9

(716,007

)

(716,007

)

SHAREHOLDERS' FUNDS

11

603,432

603,432

The financial statements were approved by the director on 16 July 2017 and were signed by:

S J Sadler - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company ceased trading on the 2 November 2011. The company still holds certain assets as part

of the on-going group structure. As a result the financial statements have been prepared upon a going

concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and are in

accordance with applicable accounting standards.

The company was dormant throughout the current year and previous year.

Preparation of consolidated financial statements

The financial statements contain information about Enghouse Interactive Holdings (UK) Limited as

an individual company and do not contain consolidated financial information as the parent of a group.

The company is exempt under Section 401 of the Companies Act 2006 from the requirements to

prepare consolidated financial statements as it and its subsidiary undertakings are included by full

consolidation in the consolidated financial statements of its parent, Enghouse Systems Limited, a

company registered in Canada.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the parent

company includes the subsidiary in its published financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8

Related Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries

within the group.

Investments

Investments are stated at cost less any provision required for permanent diminution in value.

2.	STAFF COSTS

There were no staff costs for the year ended 31 October 2016 nor for the year ended 31 October 2015.

3.	DIRECTORS' EMOLUMENTS

31.10.16

31.10.15

£

£

Director's remuneration

-

-

4.	OPERATING PROFIT

Audit fees are borne by other group members and are shown as a charge in those financial statements.

5.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 October 2016 nor

for the year ended 31 October 2015.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2015

and 31 October 2016

548,536

NET BOOK VALUE

At 31 October 2016

548,536

At 31 October 2015

548,536

The company's investments at the balance sheet date in the share capital of companies include the

following:

Enghouse Interactive (UK) Limited

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.16

31.10.15

£

£

Amounts owed by group undertakings

13

-

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

1,319,439

Ordinary

£1

1,319,439

1,319,439

9.

RESERVES

Profit

and loss

account

£

At 1 November 2015

(716,007

)

Profit for the year

-

At 31 October 2016

(716,007

)

10.	ULTIMATE PARENT COMPANY

Enghouse Systems Limited (incorporated in Canada ) is regarded by the director as being the

company's ultimate parent company.

The company's immediate parent undertaking is Enghouse Interactive Inc, a company incorporated in

the United States of America.

The only group in which the results of the company for the year ended 31 October 2016 are

consolidated was that headed by Enghouse Systems Limited. The consolidated accounts of this group

for that year are available to the public and may be obtained from

www.enghouse.com/investors/financials.html.

11.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

31.10.16

31.10.15

£

£

Profit for the financial year

-

-

Opening shareholders' funds

603,432

603,432

Closing shareholders' funds

603,432

603,432