IRIS Accounts Production v24.3.2.46 06910954 director 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069109542023-03-31069109542024-03-31069109542023-04-012024-03-31069109542022-03-31069109542022-04-012023-03-31069109542023-03-3106910954ns15:EnglandWales2023-04-012024-03-3106910954ns14:PoundSterling2023-04-012024-03-3106910954ns10:Director12023-04-012024-03-3106910954ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106910954ns10:SmallEntities2023-04-012024-03-3106910954ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106910954ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106910954ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106910954ns10:FullAccounts2023-04-012024-03-3106910954ns10:CompanySecretary12023-04-012024-03-3106910954ns10:RegisteredOffice2023-04-012024-03-3106910954ns5:CurrentFinancialInstruments2024-03-3106910954ns5:CurrentFinancialInstruments2023-03-3106910954ns5:Non-currentFinancialInstruments2024-03-3106910954ns5:Non-currentFinancialInstruments2023-03-3106910954ns5:ShareCapital2024-03-3106910954ns5:ShareCapital2023-03-3106910954ns5:RetainedEarningsAccumulatedLosses2024-03-3106910954ns5:RetainedEarningsAccumulatedLosses2023-03-3106910954ns5:LandBuildings2023-03-3106910954ns5:PlantMachinery2023-03-3106910954ns5:LandBuildings2023-04-012024-03-3106910954ns5:PlantMachinery2023-04-012024-03-3106910954ns5:LandBuildings2024-03-3106910954ns5:PlantMachinery2024-03-3106910954ns5:LandBuildings2023-03-3106910954ns5:PlantMachinery2023-03-3106910954ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106910954ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 06910954 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Equity Partners Group Ltd

Equity Partners Group Ltd (Registered number: 06910954)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Equity Partners Group Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M A Dakers





SECRETARY:





REGISTERED OFFICE: 150 King Street
Great Yarmouth
Norfolk
NR30 2PA





REGISTERED NUMBER: 06910954 (England and Wales)





ACCOUNTANTS: Shaw & Co
Chartered Certified Accountants
3 Colegate
Norwich
Norfolk
NR3 1BN

Equity Partners Group Ltd (Registered number: 06910954)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 254,644 233,829
Investment property 5 3,309,154 3,384,154
3,563,798 3,617,983

CURRENT ASSETS
Debtors 6 610,846 496,707
Cash at bank 5,989 21,202
616,835 517,909
CREDITORS
Amounts falling due within one year 7 205,668 69,236
NET CURRENT ASSETS 411,167 448,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,974,965

4,066,656

CREDITORS
Amounts falling due after more than
one year

8

(1,819,249

)

(1,898,623

)

PROVISIONS FOR LIABILITIES (477,619 ) (477,673 )
NET ASSETS 1,678,097 1,690,360

Equity Partners Group Ltd (Registered number: 06910954)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,677,997 1,690,260
1,678,097 1,690,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 6 February 2025 and were signed by:





M A Dakers - Director


Equity Partners Group Ltd (Registered number: 06910954)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Equity Partners Group 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Long leasehold - nil
Motor vehicles - 20% reducing balance
Fixtures and fittings - 20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


Equity Partners Group Ltd (Registered number: 06910954)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 129,108 197,427 326,535
Additions - 52,200 52,200
At 31 March 2024 129,108 249,627 378,735
DEPRECIATION
At 1 April 2023 - 92,707 92,707
Charge for year - 31,384 31,384
At 31 March 2024 - 124,091 124,091
NET BOOK VALUE
At 31 March 2024 129,108 125,536 254,644
At 31 March 2023 129,108 104,720 233,828

Equity Partners Group Ltd (Registered number: 06910954)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 3,384,154
Revaluations (75,000 )
At 31 March 2024 3,309,154
NET BOOK VALUE
At 31 March 2024 3,309,154
At 31 March 2023 3,384,154

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 1,835,694
Cost 1,473,460
3,309,154

If the investment properties had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 1,473,460 1,473,460

Investment properties were valued on a fair value basis on 31 March 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 56,961 24,249
Other debtors 553,885 472,458
610,846 496,707

Equity Partners Group Ltd (Registered number: 06910954)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 186,314 56,087
Trade creditors 17,342 2,787
Taxation and social security - 8,862
Other creditors 2,012 1,500
205,668 69,236

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 1,819,249 1,811,092
Other creditors - 87,531
1,819,249 1,898,623

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,119,525 1,105,486