EQUIGROUP LIMITED

EQUIGROUP LIMITED

EQUIGROUP LIMITED - Company Information

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EQUIGROUP LIMITED

Company Registration Number:
03871547 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

EQUIGROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

EQUIGROUP LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
18 months to 31 December 2019


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1,789 2,181
Total fixed assets: 1,789 2,181
Current assets
Stocks: 50,342 10,593
Debtors: 4 1,132,723 732,994
Cash at bank and in hand: 725,116 720,814
Investments:   0 0
Total current assets: 1,908,181 1,464,401
Creditors: amounts falling due within one year: 5 (546,586) (723,188)
Net current assets (liabilities): 1,361,595 741,213
Total assets less current liabilities: 1,363,384 743,394
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,363,384 743,394
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 1,363,374 743,384
Shareholders funds: 1,363,384 743,394

The notes form part of these financial statements

EQUIGROUP LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 30 April 2021
and signed on behalf of the board by:

Name: Declam McGlone
Status: Director

The notes form part of these financial statements

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 18 months to 31 December 2019
Average number of employees during the period 0 2

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Intangible Assets

Total
Cost £
At 01 January 2020 2,181
Disposals (392)
At 31 December 2020 1,789
Net book value
At 31 December 2020 1,789
At 31 December 2019 2,181

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Debtors

2020 18 months to 31 December 2019
££
Debtors due after more than one year: 0 0

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Creditors: amounts falling due within one year note

Trade creditors 1,909Accruals and deferred income 210,852VAT liability 148,103

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

6. Related party transactions

Name of the related party: equigroup Pty Limited
Relationship:
management company
Description of the Transaction: Management fee expenses
£
Balance at 01 January 2020 79,590
Balance at 31 December 2020 75,760
Name of the related party: equigroup Holdings Pty Limited
Relationship:
Parent company
Description of the Transaction: Dividends declared and paid
£
Balance at 01 January 2020 200,000
Balance at 31 December 2020 720,000
Name of the related party: CHG-MERIDIAN AG
Relationship:
Ultimate holding company
Description of the Transaction: Management fee expenses
£
Balance at 01 January 2020 76,730
Balance at 31 December 2020 131,915

EQUIGROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

7. Post balance sheet events

On 30 April 2021 a dividend was declared by equigroup Limited UK. The dividend was approved at the Annual General Meeting on 30 April 2021. The dividend amounted to GBP 1,000,000 and to be paid no later than 30 June 2021.There are no other significant known matters or circumstances that have arisen between 31 December 2020 and the date of approval of these financial statements which would require a change to or additional disclosure in the financial statements, or, which may affect the operations of the Company or the state of affairs of the Company in future financial years