EGX CREDIT LIQUIDITY LTD

Company Registration Number:
10177254 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

EGX CREDIT LIQUIDITY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

EGX CREDIT LIQUIDITY LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 6,250,000 6,250,000
Investments: 4 62,375,600 55,780,506
Total fixed assets: 68,625,600 62,030,506
Current assets
Stocks: 93,788,011 99,567,900
Debtors:   94,600,677 88,675,690
Cash at bank and in hand: 18,759,452 10,456,314
Investments: 5 42,546,906 47,432,000
Total current assets: 249,695,046 246,131,904
Creditors: amounts falling due within one year: 6 (37,877,300) (39,780,000)
Net current assets (liabilities): 211,817,746 206,351,904
Total assets less current liabilities: 280,443,346 268,382,410
Creditors: amounts falling due after more than one year:   (60,000,000) (55,000,000)
Provision for liabilities: (12,756,300) (9,875,000)
Total net assets (liabilities): 207,687,046 203,507,410
Capital and reserves
Called up share capital: 70,772,100 70,772,100
Share premium account: 38,373,849 38,373,849
Profit and loss account: 98,541,097 94,361,461
Shareholders funds: 207,687,046 203,507,410

The notes form part of these financial statements

EGX CREDIT LIQUIDITY LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2024
and signed on behalf of the board by:

Name: Rahim Thawer
Status: Director

The notes form part of these financial statements

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 6,250,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2023 6,250,000
Net book value
At 30 June 2023 6,250,000
At 30 June 2022 6,250,000

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Fixed investments

Investments in Foreign Trading Funds & Partnerships. New Licensing Agreements for Proprietary OTC Derivatives.

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Current investments

Investments in Partnership Securities Funds & ETF Funds for Liquidity.

EGX CREDIT LIQUIDITY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due within one year note

Outstanding Revolving Trade Credit Facilities to Primary Dealers, Market Makers, Supplementary Liquidity Providers, etc.