Ekuity Freehold Limited - Filleted accounts

Registered number

14225619

Ekuity Freehold Limited

Filleted Accounts

31 July 2025

Ekuity Freehold Limited
Registered number:		14225619
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Investment properties	3		900,000			900,000

Current assets
Debtors	4	178,631			89,827

Creditors: amounts falling due within one year	5	(652,389)			(451,455)

Net current liabilities			(473,758)			(361,628)

Total assets less current liabilities			426,242			538,372


Provisions for liabilities			(135,500)			(135,500)


Net assets			290,742			402,872

Capital and reserves
Called up share capital			200			200
Fair value reserve	6		414,500			414,500
Profit and loss account			(123,958)			(11,828)

Shareholders' funds			290,742			402,872

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




AM Kainth
Director
Approved by the board on 29 July 2026

Ekuity Freehold Limited
Notes to the Accounts
for the year ended 31 July 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	Not depreciated

	Fixed Assets- Investment Properties
	Investment properties are included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

	Accounting Policy
	Investment properties are recognised initially at cost, including transaction costs. Subsequently, they are measured at fair value at each reporting date in accordance with FRS 102 Section 1a. Changes in fair value are recognised in the profit and loss account in the period in which they arise. Investment properties are not depreciated. Fair value represents the amount for which the property could be exchanged between knowledgeable, willing parties in an arm’s-length transaction at the reporting date. The company obtains fair values from independent valuers or by using directors’ valuations supported by market data.




	Because fair value gains and losses are unrealised, they do not create distributable profits.

	Carrying Amount of Investment Property

	At 1 August 2024				900,000.00

	Fair value movement recognised in profit and loss

	At 31 July 2025				900,000.00

	Fair Value Measurement
	The fair value of the investment property has been determined using a directors’ valuation based on market evidence of similar properties and recent transactions. The valuation reflects current market conditions at the reporting date. There are no restrictions on the realisability of the property or the remittance of income and proceeds of disposal.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0

3	Tangible fixed assets
					Investment properties
£
	Cost
	At 1 August 2024				900,000
	At 31 July 2025				900,000

	Depreciation
	At 31 July 2025				-

	Net book value
	At 31 July 2025				900,000
	At 31 July 2024				900,000


4	Debtors		2025		2024
£				£

	Other debtors		178,631		89,827


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		650,000		450,000
	Other creditors		2,389		1,455
			652,389		451,455


6	Fair value reserve		2025		2024
£				£

	At 1 August 2024		414,500		414,500

	At 31 July 2025		414,500		414,500


7	Other information

	Ekuity Freehold Limited is a private company limited by shares and incorporated in England. Its registered office is:
	4 Creston House
	12-13 Kensington Court
	London
	United Kingdom
	W8 5DN