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REGISTERED NUMBER: 12543238 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

VANQUISH EUROPEAN ASSET MANAGEMENT LTD

VANQUISH EUROPEAN ASSET MANAGEMENT LTD (REGISTERED NUMBER: 12543238)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VANQUISH EUROPEAN ASSET MANAGEMENT LTD

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: J Bannister





REGISTERED OFFICE: 5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA





REGISTERED NUMBER: 12543238 (England and Wales)





ACCOUNTANTS: Thorne Lancaster Parker
5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA

VANQUISH EUROPEAN ASSET MANAGEMENT LTD (REGISTERED NUMBER: 12543238)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 5 11,600 11,600

CURRENT ASSETS
Cash at bank 1,312 32

CREDITORS
Amounts falling due within one year 6 (2,290 ) (4,330 )
NET CURRENT LIABILITIES (978 ) (4,298 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,622

7,302

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 8 10,612 7,292
SHAREHOLDERS' FUNDS 10,622 7,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 10 January 2025 and were signed by:





J Bannister - Director


VANQUISH EUROPEAN ASSET MANAGEMENT LTD (REGISTERED NUMBER: 12543238)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024


1. STATUTORY INFORMATION

Vanquish European Asset Management Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year 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 year 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.

Investments
Investments in joint venture undertaking is shown at cost less provision for impairment.

Investments in artwork is is shown at cost less provision for impairment.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

VANQUISH EUROPEAN ASSET MANAGEMENT LTD (REGISTERED NUMBER: 12543238)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024


5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Participating interests 100 100
Other investments not loans 11,500 11,500
11,600 11,600

Additional information is as follows:
Interest
in joint
venture
£   
COST
At 1 May 2023
and 30 April 2024 100
NET BOOK VALUE
At 30 April 2024 100
At 30 April 2023 100

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Artwork 11,500 11,500

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Joint venture

Waypoint Debt Advisory Limited
Registered office: 4th Floor, 17-19 Maddox Street, London, W1S 2QH
Nature of business:
%
Class of shares: holding
Ordinary 50.00
31.12.23 31.12.22
£    £   
Aggregate capital and reserves 92,205 67,412
Profit for the year 25,193 22,963

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 3,071
Other creditors 100 100
Directors' current accounts 30 79
Accruals and deferred income 2,160 1,080
2,290 4,330

VANQUISH EUROPEAN ASSET MANAGEMENT LTD (REGISTERED NUMBER: 12543238)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary 1 10 10

8. RESERVES
Retained
earnings
£   

At 1 May 2023 7,292
Profit for the year 4,920
Dividends (1,600 )
At 30 April 2024 10,612

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,600 were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The controlling party is J Bannister.