IRIS Accounts Production v25.1.4.42 15056701 Board of Directors 31.12.23 31.12.24 31.12.24 9.7.25 0 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh150567012023-12-30150567012024-12-31150567012023-12-312024-12-31150567012022-12-31150567012023-01-012023-12-30150567012023-12-3015056701ns15:EnglandWales2023-12-312024-12-3115056701ns14:PoundSterling2023-12-312024-12-3115056701ns10:Director12023-12-312024-12-3115056701ns10:CompanyLimitedByGuarantee2023-12-312024-12-3115056701ns10:SmallEntities2023-12-312024-12-3115056701ns10:Audited2023-12-312024-12-3115056701ns10:SmallCompaniesRegimeForDirectorsReport2023-12-312024-12-3115056701ns10:SmallCompaniesRegimeForAccounts2023-12-312024-12-3115056701ns10:FullAccounts2023-12-312024-12-3115056701ns10:Director32023-12-312024-12-3115056701ns10:Director42023-12-312024-12-3115056701ns10:Director52023-12-312024-12-3115056701ns10:RegisteredOffice2023-12-312024-12-3115056701ns5:CurrentFinancialInstruments2024-12-3115056701ns5:CurrentFinancialInstruments2023-12-3015056701ns5:RetainedEarningsAccumulatedLosses2024-12-3115056701ns5:RetainedEarningsAccumulatedLosses2023-12-3015056701ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3115056701ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-30
REGISTERED NUMBER: 15056701 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

EQUATOR PRINCIPLES LTD

EQUATOR PRINCIPLES LTD (REGISTERED NUMBER: 15056701)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EQUATOR PRINCIPLES LTD

COMPANY INFORMATION
FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024







DIRECTORS: R J Foxwell
L T Kjoholm
A K Puri
C J Smith





REGISTERED OFFICE: Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE





REGISTERED NUMBER: 15056701 (England and Wales)





AUDITORS: Feist Hedgethorne Limited
Statutory Auditors
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

EQUATOR PRINCIPLES LTD (REGISTERED NUMBER: 15056701)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 35,630 35,700
Cash at bank 379,364 246,963
414,994 282,663
CREDITORS
Amounts falling due within one year 5 50,573 59,871
NET CURRENT ASSETS 364,421 222,792
TOTAL ASSETS LESS CURRENT LIABILITIES 364,421 222,792

RESERVES
Income and expenditure account 364,421 222,792
364,421 222,792

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 Board of Directors and authorised for issue on 3 July 2025 and were signed on its behalf by:





C J Smith - Director


EQUATOR PRINCIPLES LTD (REGISTERED NUMBER: 15056701)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

Equator Principles Ltd is a private company, limited by guarantee , 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. 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.

Merger accounting
This is the company's first set of financial statements.

The company commenced financial activity on 1 January 2024 following the change in legal status on that day of the Equator Principles Association. The financial statements are therefore presented using the merger accounting method of FRS 102.

Amounts reported for the year ended 31 December 2024, also represent the period 8 August 2023 to 31 December 2024, being the period from the date of incorporation..The comparatives have been reported for the preceding period. the comparatives represent 12 months, but are directly comparable as between 8 August 2023 to 31 December 2023 the company was not trading.

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

Turnover represents membership fees and are recognised in the period to which they relate. Turnover is stated excluding value added tax.

Taxation
Taxation for the period comprises current 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 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.

EQUATOR PRINCIPLES LTD (REGISTERED NUMBER: 15056701)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
The company presentational currency is sterling.

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,400 -
Other debtors 27,230 35,700
35,630 35,700

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 362 -
Taxation and social security 45,961 -
Other creditors 4,250 59,871
50,573 59,871

EQUATOR PRINCIPLES LTD (REGISTERED NUMBER: 15056701)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Chris Morey (Senior Statutory Auditor)
for and on behalf of Feist Hedgethorne Limited