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Company Registration No. 08062959 (England and Wales)
Sandton Capital Partners (Europe) Limited Unaudited accounts for the year ended 31 December 2024
Sandton Capital Partners (Europe) Limited Unaudited accounts Contents
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Sandton Capital Partners (Europe) Limited Company Information for the year ended 31 December 2024
Directors
Thomas Wood Matthew Meehan
Company Number
08062959 (England and Wales)
Registered Office
93 Gloucester Place London W1U 6JQ England
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Sandton Capital Partners (Europe) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,210 
414 
Current assets
Debtors
337,182 
218,969 
Cash at bank and in hand
48,583 
130,557 
385,765 
349,526 
Creditors: amounts falling due within one year
(54,385)
(74,714)
Net current assets
331,380 
274,812 
Total assets less current liabilities
332,590 
275,226 
Provisions for liabilities
Deferred tax
(303)
- 
Net assets
332,287 
275,226 
Capital and reserves
Called up share capital
60,000 
60,000 
Profit and loss account
272,287 
215,226 
Shareholders' funds
332,287 
275,226 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by
Thomas Wood Director Company Registration No. 08062959
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Sandton Capital Partners (Europe) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Sandton Capital Partners (Europe) Limited is a private company, limited by shares, registered in England and Wales, registration number 08062959. The registered office is 93 Gloucester Place, London, W1U 6JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Sandton Capital Partners (Europe) Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
4,221 
Additions
1,556 
Disposals
(4,221)
At 31 December 2024
1,556 
Depreciation
At 1 January 2024
3,807 
Charge for the year
346 
On disposals
(3,807)
At 31 December 2024
346 
Net book value
At 31 December 2024
1,210 
At 31 December 2023
414 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
27,610 
20,941 
Trade debtors
296,388 
186,388 
Accrued income and prepayments
6,686 
6,362 
Other debtors
6,498 
5,278 
337,182 
218,969 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
(1,445)
8,954 
Taxes and social security
52,680 
58,719 
Accruals
3,150 
7,041 
54,385 
74,714 
7
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
9,375 
7,886 
8
Transactions with related parties
Sandton Capital Partners L.P. owns 100% of the issued share capital. The Company charged £790,000 (2023 - £670,000) for management services to its parent company, of which £296,388 (2023 - £186,388) remained outstanding at balance sheet date. The amounts have been included under Trade debtors.
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Sandton Capital Partners (Europe) Limited Notes to the Accounts for the year ended 31 December 2024
9
Controlling party
Sandton Capital Partners L.P. is the ultimate controlling party. The consolidated financial statements are available at the parent undertaking registered office address: 16 West, 46 Street, New York, NY 10036.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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