Equi Life Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

4,267

5,397

Investments

5

2,973,305

2,807,099

Investment property

6

2,057,524

5,035,096

4,870,020

CURRENT ASSETS

Debtors

7

26,812

19,420

Cash at bank

103,616

241,223

130,428

260,643

CREDITORS

Amounts falling due within one year

8

31,062

16,398

NET CURRENT ASSETS

99,366

244,245

TOTAL ASSETS LESS CURRENT LIABILITIES

5,134,462

5,114,265

PROVISIONS FOR LIABILITIES

67,000

NET ASSETS

5,067,462

5,047,265

CAPITAL AND RESERVES

Called up share capital

9

4

Other reserves

675,528

Retained earnings

4,391,930

4,371,733

SHAREHOLDERS' FUNDS

5,067,462

5,047,265

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 9 December 2025 and were signed by:

R A Eustace - Director

1.	STATUTORY INFORMATION

Equi Life Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05362008

Registered office:

Mead House Farm

Sodom Lane

Dauntsey

Chippenham

Wiltshire

SN15 4JA

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 April 2024

5,500

7,529

13,029

Disposals

(500

)

-

(500

)

At 31 March 2025

5,000

7,529

12,529

DEPRECIATION

At 1 April 2024

1,702

5,930

7,632

Charge for year

518

267

785

Eliminated on disposal

(155

)

-

(155

)

At 31 March 2025

2,065

6,197

8,262

NET BOOK VALUE

At 31 March 2025

2,935

1,332

4,267

At 31 March 2024

3,798

1,599

5,397

5.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

undertakings

investments

Totals

£

COST OR VALUATION

At 1 April 2024

2

2,807,097

2,807,099

Additions

-

954,191

Disposals

-

(755,257

)

(755,257

)

Share of profit/(loss)

-

102

Revaluations

-

(32,830

)

(32,830

)

At 31 March 2025

2

2,973,303

2,973,305

NET BOOK VALUE

At 31 March 2025

2

2,973,303

2,973,305

At 31 March 2024

2

2,807,097

2,807,099

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Listed

undertakings

investments

Totals

£

Valuation in 2015

-

(98,863

)

(98,863

)

Valuation in 2016

-

124,097

Valuation in 2017

-

45,440

Valuation in 2018

-

(112,834

)

(112,834

)

Valuation in 2019

-

153,588

Valuation in 2020

-

116,789

Valuation in 2021

-

121,128

Valuation in 2023

-

(259,088

)

(259,088

)

Valuation in 2024

-

171,875

Valuation in 2025

-

(32,830

)

(32,830

)

Cost

2

2,744,001

2,744,003

2

2,973,303

2,973,305

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,057,524

NET BOOK VALUE

At 31 March 2025

2,057,524

At 31 March 2024

2,057,524

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

627,730

Cost

1,429,794

2,057,524

The investment property was valued on an open market basis on 31 December 2021 by R A Eustace, director.

Deferred tax relating to the investment property measured at fair value amounts to £67,000 (2024: £67,000).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

7,785

11,205

Amounts owed by group undertakings

12,399

-

Other debtors

6,628

8,215

26,812

19,420

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

1,746

2,926

Amounts owed to group undertakings

-

5,255

Taxation and social security

2,915

4,717

Other creditors

26,401

3,500

31,062

16,398

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

4

Ordinary Shares

1

4

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025 the company owed the director £20,001 (2024 the director owed the company £4,115). The loan is interest free, unsecured and repayable on demand.