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REGISTERED NUMBER: 14174287 (England and Wales)













Unaudited Financial Statements

for the Period 15 June 2022 to 30 June 2023

for

EP Holding 1 Limited

EP Holding 1 Limited (Registered number: 14174287)






Contents of the Financial Statements
for the Period 15 June 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EP Holding 1 Limited

Company Information
for the Period 15 June 2022 to 30 June 2023







DIRECTOR: E J C Pillot





REGISTERED OFFICE: 3 St James's Square
London
SW1Y 4JU





REGISTERED NUMBER: 14174287 (England and Wales)





ACCOUNTANTS: Sampson West
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

EP Holding 1 Limited (Registered number: 14174287)

Balance Sheet
30 June 2023

Notes €    €   
FIXED ASSETS
Investments 4 12,500,000

CURRENT ASSETS
Debtors 5 1
NET CURRENT ASSETS 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,500,001

CREDITORS
Amounts falling due after more than one year 6 (10,993,106 )

ACCRUALS AND DEFERRED INCOME (305,366 )
NET ASSETS 1,201,529

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 1,201,528
1,201,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2024 and were signed by:



E J C Pillot - Director


EP Holding 1 Limited (Registered number: 14174287)

Notes to the Financial Statements
for the Period 15 June 2022 to 30 June 2023

1. STATUTORY INFORMATION

EP Holding 1 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in Euros which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below.

Financial instruments
Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances and amounts owed by group undertakings are initially recognised at transaction price, 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 are derecognised when (a) the contractual rights to the cash flows from the assets expire or
are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to
unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors, bank loans, loans from related parties 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 receipts discounted at a market rate of interest.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

EP Holding 1 Limited (Registered number: 14174287)

Notes to the Financial Statements - continued
for the Period 15 June 2022 to 30 June 2023

2. ACCOUNTING POLICIES - continued

Investments
Investments are recognised initially at fair value which is normally transaction price excluding transactions
costs. Subsequent to initial recognition, they are measured at transaction prices less any impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Other
investments
€   
COST
Additions 12,500,000
At 30 June 2023 12,500,000
NET BOOK VALUE
At 30 June 2023 12,500,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
€   
Other debtors 1

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
€   
Other creditors 10,993,106