ACCOUNTS - Final Accounts preparation

Share capital

Shares classified as equity

Company registration number: 14884845

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	HYPERION EQUITY PARTNERS HOLDINGS I LIMITED


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

COMPANY INFORMATION

Directors	A J Fearon
	J C Kaberry
	P K Mahon


Registered number	14884845


Registered office	Level 6
	101 Wigmore Street
	London
	W1U 1QU


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

CONTENTS

	Page
Statement of financial position	1
Statement of changes in equity	2
Notes to the financial statements	3 - 7


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED REGISTERED NUMBER:14884845

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		2,280,000		-
			2,280,000		-
Current assets
Debtors: amounts falling due within one year	5	1,000		1
		1,000		1
Total assets less current liabilities			2,281,000		1
Creditors: amounts falling due after more than one year	6		(2,234,400)		-

Net assets			46,600		1

Capital and reserves
Called up share capital	7	466	1
Share premium account		46,134	-
		46,600	1

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P K Mahon

Director

Date: 25 September 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 1


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Share premium account	Total equity
	£	£	£
At 1 January 2023	1	-	1
Total comprehensive income for the year	-	-	-
Total transactions with owners	-	-	-

At 1 January 2024	1	-	1
Total comprehensive income for the year	-	-	-
Contributions by and distributions to owners
Shares issued during the year	465	46,134	46,599
Total transactions with owners	465	46,134	46,599
At 31 December 2024	466	46,134	46,600

The notes on pages 3 to 7 form part of these financial statements.

Page 2


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Hyperion Equity Partners Holdings I Limited is a private company limited by shares and incorporated in England and Wales. Details of the Company's registered office can be found on the company information page. This is also the Company's principal place of business.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 -£NIL)

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	Additions	2,280,000
	At 31 December 2024	2,280,000

Page 4


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	1,000	1
	1,000	1

6.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Preference shares	2,234,400	-
	2,234,400	-

Included within creditors falling due after more than one year are 2,234,400 B Preference Shares at £1 each classified as debt. The preference shareholders are non voting and have a right to a fixed cumulative preferential dividend of 10% per annum, and in the event of the company being wound up, the right to a maximum payment of capital and declared and accrued dividends in priority over all over shares.

Page 5


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Allotted, called up and fully paid

Nil (2023 -1) Ordinary share of £1.00 each	-	1
1,000 (2023 - nil) A Ordinary shares of £0.01 each	10	-
45,600 (2023 - nil) B Ordinary shares of £0.01 each	456	-

	466	1

Shares classified as debt
Allotted, called up and fully paid

On 25 January 2024, the Company’s entire issued share capital, at that time being one ordinary share of £1.00, was subdivided into ordinary shares of £0.01 each, and the ordinary shares of £0.01 each were immediately reclassified as A ordinary shares of £0.01 each.
On 25 January 2024, the Company also made the following allotments of shares:
- 900 £0.01 A Ordinary shares were issued for consideration of £999 and resulting in share premium of £990.
- 45,600 £0.01 B Ordinary shares were issued for consideration of £45,600 and resulting in share premium of £45,144.
- 2,234,400 £1 B Preference shares were issued for consideration of £2,234,400.
Preference shares are classified as debt in accordance with section 22 FRS 102 (liabilities and equity) as they attract cumulative-compounding dividends at 10% per annum. The holders do not have the right to attend or vote at meetings. Further details on this classification can be found in note 6.

8.	Contingent liabilities

On 25 January 2024, the Company issued 2,234,400 B Preference Shares at £1 each. These shares carry a fixed cumulative dividend of 10% per annum, accruing daily on a compounding basis. In accordance with the terms of issue, dividends are payable only to the extent that the Company has sufficient distributable reserves.
As at 31 December 2024, the Company does not have sufficient distributable reserves to declare or pay the accrued dividends. Accordingly, no liability has been recognised in respect of these dividends in the financial statements. The cumulative amount of accrued but unpaid dividends as at 31 December 2024 is £218,823, which will be declared upon the availability of distributable reserves or upon redemption of the B Preference Shares.
The B Preference Shares rank ahead of the Ordinary Shares on a return of capital and will be redeemed prior to any distribution to Ordinary Shareholders, including any unpaid accrued dividends.

Page 6


HYPERION EQUITY PARTNERS HOLDINGS I LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

9.	Post balance sheet events

On 27 May 2025, an additional 26,000 £0.01 B Ordinary shares were allotted for a consideration of £260.
On 27 May 2025, an additional 1,284,780 £1.00 B Preference shares were allotted for a consideration of £1,284,780.

10.	Controlling party

There is not considered to be one ultimate controlling party.

Page 7