ACCOUNTS - Final Accounts preparation

Company registration number: 02756191

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JULY 2025

	E.Q.V. (UK) LIMITED


E.Q.V. (UK) LIMITED

COMPANY INFORMATION

Directors	N Cooper
	L Jamieson Miller


Registered number	02756191


Registered office	20 - 22 Wenlock Road
	London
	N1 7GU


Trading Address	Dock 116
	75 Exploration Drive
	Pioneer Park
	Leicester
	LE4 5NU



Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


E.Q.V. (UK) LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


E.Q.V. (UK) LIMITED REGISTERED NUMBER:02756191

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		2,312		2,525
			2,312		2,525
Current assets
Debtors: amounts falling due within one year	5	103,622		125,901
Cash at bank and in hand		180,607		152,833
		284,229		278,734
Creditors: amounts falling due within one year	6	(143,201)		(147,381)
Net current assets			141,028		131,353
Total assets less current liabilities			143,340		133,878
Creditors: amounts falling due after more than one year	7		-		(8,333)
Provisions for liabilities
Deferred tax		(578)		(631)
			(578)		(631)
Net assets			142,762		124,914

Capital and reserves
Called up share capital	110	110
Profit and loss account	142,652	124,804
	142,762	124,914

Page 1


E.Q.V. (UK) LIMITED REGISTERED NUMBER:02756191

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2025

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:

N Cooper

Director

Date: 23 October 2025

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

Page 2


E.Q.V. (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

EQV (UK) Limited is a private company, limited by shares, 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

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

Going concern

The financial statements have been prepared on a going concern basis. There are no significant judgements or estimates that have been used in assessing whether the going concer basis is appropriate.

2.3

Turnover

Turnover on training courses is recognised at point income becomes non refundable and not the point the training courses are due to occur. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4

Pensions

Defined contribution pension plan

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 profit or loss 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.

Page 3


E.Q.V. (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.5

Current and deferred taxation

The tax expense for the Year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Tangible fixed assets

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 and fittings	-	10%	straight line
				Computer equipment	-	25%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4


E.Q.V. (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.

Increases in provisions are generally charged as an expense to profit or loss.

2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its 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.

Employees

The average monthly number of employees, including directors, during the year was 6 (2024 - 6)

Page 5


E.Q.V. (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 August 2024	1,503	14,415	15,918
Additions	-	1,170	1,170
Disposals	-	(4,180)	(4,180)
At 31 July 2025	1,503	11,405	12,908
Depreciation
At 1 August 2024	1,503	11,890	13,393
Charge for the Year on owned assets	-	1,383	1,383
Disposals	-	(4,180)	(4,180)
At 31 July 2025	1,503	9,093	10,596
Net book value
At 31 July 2025	-	2,312	2,312
At 31 July 2024	-	2,525	2,525

Debtors

					2025	2024
					£	£


Trade debtors	95,340	92,145
Prepayments and accrued income	8,282	33,756
	103,622	125,901

Page 6


E.Q.V. (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	8,333	10,000
Trade creditors	27,159	30,556
Corporation tax	4,369	5,299
Other taxation and social security	44,267	42,326
Accruals and deferred income	59,073	59,200
	143,201	147,381

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	-	8,333
	-	8,333

The loan amount of £8,333 (2024 : £18,333) included within creditors, is guaranteed under the Bounce Back Loan Scheme (BBLS) by the UK Government.

Page 7