| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024 |
| FOR |
| EQUATOR PRINCIPLES LTD |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 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 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Income and expenditure account |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 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. |
| for and on behalf of |