ACCOUNTS - Final Accounts preparation

Registered number: 15611254

EQUITABLE VENTURES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

EQUITABLE VENTURES LIMITED

CONTENTS

	Page
Accountants' report	1
Balance sheet	2
Notes to the financial statements	3 - 4

EQUITABLE VENTURES LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EQUITABLE VENTURES LIMITED
FOR THE PERIOD ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Equitable Ventures Limited for the period ended 31 December 2024 which comprise the Balance sheet from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Equitable Ventures Limited, as a body, in accordance with the terms of our engagement letter dated 24 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Equitable Ventures Limited and state those matters that we have agreed to state to the Board of directors of Equitable Ventures Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Equitable Ventures Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that Equitable Ventures Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Equitable Ventures Limited. You consider that Equitable Ventures Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Equitable Ventures Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BAGINSKY COHEN

CHARTERED ACCOUNTANTS

930 HIGH ROAD

LONDON

N12 9RT

9 September 2025

Page 1

EQUITABLE VENTURES LIMITED

REGISTERED NUMBER: 15611254

BALANCE SHEET

AS AT 31 DECEMBER 2024

	2024	2024
Note	£	£

FIXED ASSETS
Fixed Asset Investments	4		9,450,000
CURRENT ASSETS
Debtors: amounts falling due within one year	5	100
Cash at bank and in hand	6	1,500
		1,600
Creditors: amounts falling due within one year	7	(4,800)
NET CURRENT LIABILITIES			(3,200)
TOTAL ASSETS LESS CURRENT LIABILITIES			9,446,800

Creditors: amounts falling due after more than one year	8		(4,250,000)

NET ASSETS			5,196,800

CAPITAL AND RESERVES
Called up share capital			200
Share premium account			5,199,900
Profit and loss account			(3,300)
			5,196,800

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 period 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 comprehensive income 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 on 9 September 2025.

C M MULLIN	S B MAIN
Director	Director

Page 2

EQUITABLE VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	GENERAL INFORMATION

Equitable Ventures Limited is a private company limited by shares and incorporated in England. Its registered office is located at 930 High Road, London, N12 9RT.

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

VALUATION OF INVESTMENTS

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.3

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration.

Page 3

EQUITABLE VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	FIXED ASSET INVESTMENTS

		Unlisted investments
		£
	COST OR VALUATION
	At 3 April 2024	-
	Additions	9,450,000
	At 31 December 2024	9,450,000

DEBTORS

					2024
					£

	Other debtors	100

6.	CASH AND CASH EQUIVALENTS
		2024
		£

	Cash at bank and in hand	1,500

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2024
		£

	Amounts owed to other participating interests	3,000
	Accruals and deferred income	1,800
		4,800

8.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		2024
		£

	Amounts owed to other participating interests	4,250,000

Page 4