EKUITAS PLC

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14101527

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		20,000		1,250,000
Tangible Assets	5		-		1,237,653

			20,000		2,487,653
CURRENT ASSETS
Debtors	6	5,000		200,000
Cash at bank and in hand		2,000		7,000

		7,000		207,000
NET CURRENT ASSETS (LIABILITIES)			7,000		207,000

TOTAL ASSETS LESS CURRENT LIABILITIES			27,000		2,694,653

Creditors: Amounts Falling Due After More Than One Year	7		(47,000 )		(1,384,653 )

NET (LIABILITIES)/ASSETS			(20,000 )		1,310,000

CAPITAL AND RESERVES
Called up share capital	8		60,000		60,000
Revaluation reserve	9		(80,000 )		1,250,000

SHAREHOLDERS' FUNDS			(20,000)		1,310,000

Page 1

Page 2

EKUITAS PLC

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rashid KHAN Director	Mr Muhammad Asif NAEEM Director
14/10/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

EKUITAS PLC is a private company, limited by shares, incorporated in England & Wales, registered number 14101527 . The registered office is SUITE110W, STERLING HOUSE, LANGSTON ROAD, LOUGHTON, IG10 3TS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Goodwill

Value of the Licensing for S.L. Benfica Football Academy and Other Licensing in South Asia.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2025	1,250,000
Disposals	(1,230,000 )

As at 31 May 2026	20,000

Net Book Value
As at 31 May 2026	20,000

As at 1 June 2025	1,250,000

5. Tangible Assets

	Investment Properties
	£
Cost
As at 1 June 2025	1,237,653
Disposals	(1,237,653 )

As at 31 May 2026	-

Net Book Value
As at 31 May 2026	-

As at 1 June 2025	1,237,653

Page 3

Page 4

EKUITAS PLC

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	5,000	200,000

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Amounts owed to associates	47,000	1,384,653

Owned by Rashid Ahmed Khan

9. Reserves

	Revaluation reserve
	£
As at 1 June 2025	1,250,000
Deficit on revaluation	(1,330,000)

Other comprehensive income for the year	(1,330,000 )

Total comprehensive income for the year	(1,330,000)

As at 31 May 2026	(80,000 )