Troviq UK Ltd


Directors	BOHILL, John
	PROCTOR, Jason William Horatio


Registered Address	123 Victoria Street
	London
	SW1E 6DE


Registered Number	11276896 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		513
Investments	4		122,128		82,804
			122,128		83,317
Current assets
Debtors		26,820		-
Cash at bank and on hand		64,944		35,968
		91,764		35,968
Creditors amounts falling due within one year	5	(188,940)		(101,551)
Net current assets (liabilities)			(97,176)		(65,583)
Total assets less current liabilities			24,952		17,734
Net assets			24,952		17,734
Capital and reserves
Called up share capital			25		25
Share premium			289,472		289,472
Other reserves			315,000		240,000
Profit and loss account			(579,545)		(511,763)
Shareholders' funds			24,952		17,734

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 24 September 2026, and are signed on its behalf by:

PROCTOR, Jason William Horatio
Director
Registered Company No. 11276896

Troviq UK Ltd

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Going concern
	The Company has the support and access to financial resources of its ultimate UK parent, Troviq Private Markets Group Ltd. As at 31 December 2025, the wider group had reached a break-even operating position and the Directors expected the group to be cash flow neutral to positive during 2026, an expectation borne out during the first half of 2026 when the group generated positive cash flow ahead of budget. The group's revenue is substantially recurring in nature, reflecting its private markets asset management activities, which gives the Directors strong visibility over future cash flows. Having considered these matters and after making appropriate enquiries, the Directors are satisfied that there are no material uncertainties to the Company's ability to adopt the going concern basis of accounting and that the Company has adequate resources to continue to operate as a going concern for a period of 12 months from date of approval of the financial statements. For this reason, they consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

Going concern

The Company has the support and access to financial resources of its ultimate UK parent, Troviq Private Markets Group Ltd. As at 31 December 2025, the wider group had reached a break-even operating position and the Directors expected the group to be cash flow neutral to positive during 2026, an expectation borne out during the first half of 2026 when the group generated positive cash flow ahead of budget.
The group's revenue is substantially recurring in nature, reflecting its private markets asset management activities, which gives the Directors strong visibility over future cash flows. 
Having considered these matters and after making appropriate enquiries, the Directors are satisfied that there are no material uncertainties to the Company's ability to adopt the going concern basis of accounting and that the Company has adequate resources to continue to operate as a going concern for a period of 12 months from date of approval of the financial statements. For this reason, they consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Taxation expense represents the total of current and deferred tax. Current tax is based on taxable profit for the year using tax rates enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of timing differences arising between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax assets, including those arising from unrelieved tax losses, are recognised only to the extent that it is probable that they will be recovered against future taxable profits.

Current taxation

Taxation expense represents the total of current and deferred tax. Current tax is based on taxable profit for the year using tax rates enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of timing differences arising between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax assets, including those arising from unrelieved tax losses, are recognised only to the extent that it is probable that they will be recovered against future taxable profits.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		8

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	5,864	5,864
At 31 December 25	5,864	5,864
Depreciation and impairment
At 01 January 25	5,351	5,351
Charge for year	513	513
At 31 December 25	5,864	5,864
Net book value
At 31 December 25	-	-
At 31 December 24	513	513

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 25	82,804	82,804
Additions	22,194	22,194
Revaluations	17,130	17,130
At 31 December 25	122,128	122,128
Net book value
At 31 December 25	122,128	122,128
At 31 December 24	82,804	82,804

	Notes
	¹Other investments other than loans

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	15,739	1,634
Amounts owed to related parties	1,725	3,765
Taxation and social security	33,820	31,643
Other creditors	15,846	6,881
Accrued liabilities and deferred income	121,810	57,628
Total	188,940	101,551


	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.