Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Paul Nigrelli

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Brian Lamb

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 August 2025

And signed on behalf of the board by:
Name: Paul Nigrelli
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	14,087,873	11,714,300
Cost of sales:	0	( 3,074,668 )
Gross profit(or loss):	14,087,873	8,639,632
Administrative expenses:	( 13,176,459 )	( 10,871,001 )
Operating profit(or loss):	911,414	(2,231,369)
Interest receivable and similar income:	92,214	50,367
Profit(or loss) before tax:	1,003,628	(2,181,002)
Tax:	( 784,226 )	1,707,739
Profit(or loss) for the financial year:	219,402	(473,263)

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Tangible assets:	3	91,448	147,465
Total fixed assets:		91,448	147,465
Current assets
Debtors:	4	4,042,635	4,010,119
Cash at bank and in hand:		1,397,210	2,132,575
Investments:	5		1,719,353
Total current assets:		5,439,845	7,862,047
Creditors: amounts falling due within one year:	6	( 1,793,381 )	( 4,531,289 )
Net current assets (liabilities):		3,646,464	3,330,758
Total assets less current liabilities:		3,737,912	3,478,223
Total net assets (liabilities):		3,737,912	3,478,223
Capital and reserves
Called up share capital:		5,965,765	5,965,765
Share premium account:		2,278,642	2,278,642
Profit and loss account:		(4,506,495 )	(4,766,184 )
Total Shareholders' funds:		3,737,912	3,478,223

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Equilend Europe Limited turnover consists of fees received in respect to services provided to the global group company, Equilend LLC. It is recognised in the month the services are rendered and is calculated on a mark-up of costs incurred during that month. Equilend Asia Limited turnover consists of fees received in respect to services provided to the global group company, Equilend LLC. It is recognised in the month the services are rendered and is calculated on a mark-up of costs incurred during that month. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes.

  Tangible fixed assets depreciation policy

  Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Fixtures & fittings Office equipment Computer equipment Leasehold improvements - 5 years - 5 years - 3 years - 5 years

  Valuation information and policy

  Investment in a subsidiary company is held at cost less accumulated impairment losses.

  Other accounting policies

  Prior period- 2023- included

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	73	65