IRIS Accounts Production v26.1.0.640 15734727 director 22.5.24 31.5.25 31.5.25 22.5.26 0 false true false false true false Auditors Opinion Ordinary 1.00000 Growth 1.00000 1.00000 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 15734727 2024-05-21 15734727 2025-05-31 15734727 2024-05-22 2025-05-31 15734727 2024-05-21 15734727 ns15:EnglandWales 2024-05-22 2025-05-31 15734727 ns14:PoundSterling 2024-05-22 2025-05-31 15734727 ns10:Director1 2024-05-22 2025-05-31 15734727 ns10:PrivateLimitedCompanyLtd 2024-05-22 2025-05-31 15734727 ns10:SmallEntities 2024-05-22 2025-05-31 15734727 ns10:Audited 2024-05-22 2025-05-31 15734727 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-22 2025-05-31 15734727 ns10:SmallCompaniesRegimeForAccounts 2024-05-22 2025-05-31 15734727 ns10:FullAccounts 2024-05-22 2025-05-31 15734727 ns10:OrdinaryShareClass1 2024-05-22 2025-05-31 15734727 ns10:OrdinaryShareClass2 2024-05-22 2025-05-31 15734727 1 ns10:OrdinaryShareClass1 2024-05-22 2025-05-31 15734727 ns10:OrdinaryShareClass2 2 2024-05-22 2025-05-31 15734727 ns10:RegisteredOffice 2024-05-22 2025-05-31 15734727 ns5:CurrentFinancialInstruments 2025-05-31 15734727 ns5:ShareCapital 2025-05-31 15734727 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 15734727 ns5:AdditionsToInvestments 2025-05-31 15734727 ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-05-31 15734727 ns5:CostValuation 2025-05-31 15734727 ns10:OrdinaryShareClass1 2025-05-31 15734727 ns10:OrdinaryShareClass2 2025-05-31

REGISTERED NUMBER: 15734727 (England and Wales)

| Financial Statements |

| for the Period 22 May 2024 to 31 May 2025 |

| for |

| EW Investco Limited |

| EW Investco Limited (Registered number: 15734727) |

Contents of the Financial Statements

for the Period 22 May 2024 to 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| EW Investco Limited |

Company Information

for the Period 22 May 2024 to 31 May 2025

| DIRECTOR: | J N D Stelzer

| REGISTERED OFFICE: | 72 Welbeck Street

| London

| W1G 0AY

| REGISTERED NUMBER: | 15734727 (England and Wales)

| EW Investco Limited (Registered number: 15734727) |

Balance Sheet

31 May 2025

| Notes | £'000 | £'000 |

| FIXED ASSETS

| Investments | 4 | 4,206 |  |

| CURRENT ASSETS

| Debtors | 5 | 7 |  |  |

| Cash at bank | 5 |  |  |

12 |  |

| CREDITORS

| Amounts falling due within one year | 6 | 5,863 |  |

| NET CURRENT LIABILITIES | (5,851 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | (1,645 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 7 | 10,007 |  |

| Retained earnings | (11,652 | ) |

| SHAREHOLDERS' FUNDS | (1,645 | ) |

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 22 May 2026 and were signed by:

J N D Stelzer - Director

| EW Investco Limited (Registered number: 15734727) |

Notes to the Financial Statements

for the Period 22 May 2024 to 31 May 2025

1. | STATUTORY INFORMATION

| EW Investco 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.

| Going concern

| The financial statements have been prepared on a going concern basis, which assumes the Company will be able to meet its liabilities as and when they fall due for the foreseeable future. The director believes that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of its parent company Cain PE LLC. The director has received confirmation that Cain PE LLC intends to support the company for at least one year from the date of signing these financial statements.

| 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.

| Investments in subsidiaries

| A subsidiary is a company in which the company, direct or indirectly, controls more than half of its voting power or issued share capital or controls the composition of its board of directors. Investments in subsidiaries are stated at cost less provision, if necessary, for any permanent diminution in value. The results of the subsidiary are accounted for by the company on the basis of dividends received and receivable.

| Investments in subsidiaries are reviewed annually for impairment. As the subsidiary Allbright Collective Ltd went into administration during the financial period ended 31 May 2025, the full value of the investment has been written off. The investment in the subsidiary Everywoman Ltd has also been tested for impairment and an impairment charge has been recognised.

| Taxation

| Taxation for the period 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 period 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.

| EW Investco Limited (Registered number: 15734727) |

Notes to the Financial Statements - continued

for the Period 22 May 2024 to 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Debtors

| Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Cash

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Short-term creditors are measured at the transaction price. Other financial liabilities, including other loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| 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 receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertaking

£'000 |

| COST

| Additions | 14,871 |  |

| Impairments | (10,665 | ) |

| At 31 May 2025 | 4,206 |  |

| NET BOOK VALUE

| At 31 May 2025 | 4,206 |  |

| EW Investco Limited (Registered number: 15734727) |

Notes to the Financial Statements - continued

for the Period 22 May 2024 to 31 May 2025

4. | FIXED ASSET INVESTMENTS - continued

| During the period, Allbright Collective Ltd, a former subsidiary, entered administration. The full cost of the investment was written off as an impairment charge in the period.

| The company's subsidiary at the balance sheet date are the following:

| Company name |  | Registered office |  | Nature of business |  | Class of shares held |  | % Held |  |

| Everywoman Limited |  | 72 Welbeck Street,London, England,W1G 0AY |  | Provision of business support services,including training, events and digital resources to support women's career development |  | Ordinary |  | 99.9% |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£'000 |

| Other debtors | 7 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£'000 |

| Other loans | 200 |  |

| Amounts owed to group undertakings | 5,663 |  |

5,863 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal

| value: | £'000 |

| 10,000,000 | Ordinary shares | 1 | 10,000 |  |

| 7,250 | Growth shares | 1 | 7 |  |

10,007 |  |

| The following shares were allotted at par during the period:

| 10,000,000 Ordinary shares of 1 each

| 7,250 Growth shares of 1 each

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Mark Powell (Senior Statutory Auditor)

| for and on behalf of Sumer Auditco Limited

9. | CONTINGENT LIABILITIES

| The company has guaranteed a bank overdraft of its subsidiary. At the period end this amounted to £337,752.

| EW Investco Limited (Registered number: 15734727) |

Notes to the Financial Statements - continued

for the Period 22 May 2024 to 31 May 2025

10. | RELATED PARTY DISCLOSURES

| The company received advances from a member of the Cain PE LLC group totalling £4,205,068 during the period. The balance at the period end was £4,205,068. The balance does not attract interest and is repayable on demand.

| The other loan of £200,000 was received from a member of key management personnel of a parent of the company. The loan is interest free and repayable on demand.

11. | ULTIMATE CONTROLLING PARTY

| The largest group in which results of the Company are consolidated is that headed by Eldridge Industries, LLC of 600 Steamboat Road, Greenwich, Connecticut, 06830, USA. The financial statements of these entities are not publicly available.