DILIGENT BOARDBOOKS LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements are prepared on a going concern basis. Diligent Boardbooks Limited remains integral to the future growth of the EMEA region for the Group. The company actively manages its liquidity and solvency position to ensure it meets it short and long-term funding requirements. The directors of the company are committed to the long-term viability of the EMEA operations and have strategically committed to investing in the region in the foreseeable future. The Company's ultimate parent company, Diamond Parent Holdings Corp. has given a letter of support confirming it has the ability to and will provide continuing financial support to enable the Company to meet its obligation as and when they fall due for a period until 30 September 2026. Based on this information and on enquiries, the directors believe that Diamond Parent Holdings Corp., the ultimate parent company, has the ability to provide financial support to the Company until 30 September 2026 and therefore the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the going concern period to 30 September 2026. Accordingly, they have adopted the going concern basis of accounting in preparing the financial statements for the year ended 31 December 2024.”

Group structure

1. DILIGENT BOARDBOOKS LIMITED · parent
   1. Diligent Boardbooks GmbH 100% · Germany · Sale and support of in-house software; data hosting
   2. ICSA Boardroom App Limited 100% · United Kingdom · Dormant
   3. AMA Partners B.V. 100% · Netherlands · Provider of analytic tools to manage Governance risk
   4. Perivan India Private Limited 100% · India · Sale and support of in-house software
   5. Diligent Brazil Software Ltd 100% · Brazil · Sale and support of in-house software; data hosting
   6. Diligent Governance Services (Pty) Limited 100% · South Africa · Dormant
   7. Diligent Software (Pty) Limited 100% · South Africa · Developing, operating, and maintaining software solutions
   8. ACL Europe Ltd 100% · United Kingdom · Holding entity

Significant events

• “On 31 December 2024, Diligent Corporation undertook an internal group reorganization associated with its business assets and operations in an effort to efficiently integrate operations, increase operational synergies, and streamline governance. As part of this process, Diligent Canada, Inc. transferred the entire issued share capital of ACL Europe Ltd to Diligent Boardbooks Ltd in exchange for a promissory note of $5.5 million (£4.4 million).”
• “On 31 December 2024, management made the decision to fully impair the investment in ACL Europe, driven by their intention to strike off the company in 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.