REGISTERED NUMBER: 07164381 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

EQ Entertainment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Carver-Wynne

REGISTERED OFFICE:

c/o Das Kino

22 Fletcher Gate

Nottingham

Nottinghamshire

NG1 2FZ

REGISTERED NUMBER:

07164381 (England and Wales)

ACCOUNTANTS:

Beaumont Chapman Limited

Foxhall Lodge

Foxhall Road

Nottingham

Nottinghamshire

NG7 6LH

FIXED ASSETS

Tangible assets

4

104,006

147,555

CURRENT ASSETS

Stocks

43,353

35,430

Debtors

5

76,575

75,356

Cash at bank

159,969

147,092

279,897

257,878

CREDITORS

Amounts falling due within one year

6

169,517

153,642

NET CURRENT ASSETS

110,380

104,236

TOTAL ASSETS LESS CURRENT LIABILITIES

214,386

251,791

CREDITORS

Amounts falling due after more than one year

7

(895,983

)

(761,630

)

PROVISIONS FOR LIABILITIES

(26,031

)

(36,919

)

NET LIABILITIES

(707,628

)

(546,758

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(707,631

)

(546,761

)

SHAREHOLDERS' FUNDS

(707,628

)

(546,758

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2025 and were signed by:

D Carver-Wynne - Director

1.	STATUTORY INFORMATION

EQ Entertainment 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost, 25% on reducing balance, 25% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

375,193

Additions

34,876

At 31 March 2025

410,069

DEPRECIATION

At 1 April 2024

227,638

Charge for year

78,425

At 31 March 2025

306,063

NET BOOK VALUE

At 31 March 2025

104,006

At 31 March 2024

147,555

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,707

-

Amounts owed by group undertakings

-

2,103

Other debtors

63,868

73,253

76,575

75,356

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,444

6,444

Trade creditors

69,021

88,189

Taxation and social security

47,917

42,303

Other creditors

46,135

16,706

169,517

153,642

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

24,756

30,344

Amounts owed to group undertakings

871,227

731,286

895,983

761,630

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,578

8.	RELATED PARTY DISCLOSURES

During the year EQ Entertainment Limited purchased services from Fletchergate Industries Limited to a value of £89,924 (2024: £63,692). The balance outstanding at 31 March 2025 is £10,090 (2024: £1,955).

During the year EQ Entertainment Limited purchased services from Audacity Leisure Limited to a value of £9,071 (2024 nil). The balance outstanding at 31 March 2025 is £143 (2024: nil).

There is a loan with DDC Equipment Hire Limited (a company to whom the directors are related) to a value of £873,000 (2024: £731,000) which remains outstanding at the year end

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Fletchergate Industries Ltd by virtue of its shareholding.