EQ Finance Limited 31/12/2025 iXBRL

Company registration number: 07057414

EQ Finance Limited

Unaudited filleted financial statements

31 December 2025

EQ Finance Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

EQ Finance Limited

Directors and other information


	Directors	Dr A Cherubini
		Mrs S Cherubini


	Company number	07057414


	Registered office	Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

EQ Finance Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of EQ Finance Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EQ Finance Limited for the year ended 31 December 2025 which comprise the statement of financial position, statement of changes in equity and related notes 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of EQ Finance Limited, as a body, in accordance with the terms of our engagement letter dated 26 March 2025. Our work has been undertaken solely to prepare for your approval the financial statements of EQ Finance Limited and state those matters that we have agreed to state to the board of directors of EQ Finance Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EQ Finance Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that EQ Finance 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 profit of EQ Finance Limited. You consider that EQ Finance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of EQ Finance 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.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

20 April 2026

EQ Finance Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	5,788		4,261
		_________		_________
			5,788		4,261

Current assets
Debtors	6	11,721		766
Investments	7	5,598,840		1,032,857
Cash at bank and in hand		29,400		1,327,188
		_________		_________
		5,639,961		2,360,811
Creditors: amounts falling due
within one year	8	( 517,996)		( 608,978)
		_________		_________
Net current assets			5,121,965		1,751,833
			_________		_________
Total assets less current liabilities			5,127,753		1,756,094


Provisions for liabilities			( 4,200)		( 1,100)

			_________		_________
Net assets			5,123,553		1,754,994
			_________		_________

Capital and reserves
Called up share capital			1,680		1,524
Share premium account			59,326		40,927
Profit and loss account			5,062,547		1,712,543
			_________		_________
Shareholders funds			5,123,553		1,754,994
			_________		_________

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 April 2026 , and are signed on behalf of the board by:

Dr A Cherubini Mrs S Cherubini

Director Director

Company registration number: 07057414

EQ Finance Limited

Statement of changes in equity

Year ended 31 December 2025

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 1 January 2024	1,472	34,794	609,884	646,150

Profit for the year			1,255,059	1,255,059
	_________	_________	_________	_________
Total comprehensive income for the year	-	-	1,255,059	1,255,059

Issue of shares	52	6,133		6,185
Dividends paid and payable			( 152,400)	( 152,400)
	_________	_________	_________	_________
Total investments by and distributions to owners	52	6,133	( 152,400)	( 146,215)

	_________	_________	_________	_________
At 31 December 2024 and 1 January 2025	1,524	40,927	1,712,543	1,754,994

Profit for the year			3,350,004	3,350,004
	_________	_________	_________	_________
Total comprehensive income for the year	-	-	3,350,004	3,350,004

Issue of shares	156	18,399		18,555
	_________	_________	_________	_________
Total investments by and distributions to owners	156	18,399	-	18,555

	_________	_________	_________	_________
At 31 December 2025	1,680	59,326	5,062,547	5,123,553
	_________	_________	_________	_________

EQ Finance Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Vaughan Chambers, Vaughan Road, Harpenden, AL5 4EE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised retrospectively to reflect the new estimates.


Fittings fixtures and equipment	-	Straight line over 4 years
Computer equipment	-	Straight line over 3 years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised retrospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Tangible assets

	Fixtures, fittings and equipment	Computer equipment	Total
	£	£	£
Cost
At 1 January 2025	1,379	16,847	18,226
Additions	-	3,643	3,643
Disposals	( 833)	( 11,400)	( 12,233)
	_________	_________	_________
At 31 December 2025	546	9,090	9,636
	_________	_________	_________
Depreciation
At 1 January 2025	947	13,018	13,965
Charge for the year	136	1,980	2,116
Disposals	( 833)	( 11,400)	( 12,233)
	_________	_________	_________
At 31 December 2025	250	3,598	3,848
	_________	_________	_________
Carrying amount
At 31 December 2025	296	5,492	5,788
	_________	_________	_________
At 31 December 2024	432	3,829	4,261
	_________	_________	_________

6. Debtors

	2025	2024
	£	£
Other debtors	11,721	766
	_________	_________

7. Investments

	2025	2024
	£	£
Other investments - Brokers account	1,076,216	1,032,857
Other investments - Investor account	4,522,624	-
	_________	_________
	5,598,840	1,032,857
	_________	_________

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	271	258
Corporation tax	243,875	419,076
Social security and other taxes	31,029	29,740
Other creditors	242,821	159,904
	_________	_________
	517,996	608,978
	_________	_________

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Dr A Cherubini	( 51,320)	( 53,505)	51,320	( 53,505)
		_________	_________	_________	_________

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Dr A Cherubini	( 2,358)	( 61,400)	12,438	( 51,320)
		_________	_________	_________	_________