ENGAGE MUTUAL FUNDS LIMITED

• ⚠

  Material uncertainty over going concern

  During the year ended 31 December 2024, the Company's principal activity was the provision of fund management services for Child Trust Fund (CTF) accounts. However, at the date of signing of these accounts, there are plans in place to transfer the trade to another group company. As the Company is expected to cease trading, the Directors have prepared the financial statements on a basis other than going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“During the year ended 31 December 2024, the Company's principal activity was the provision of fund management services for Child Trust Fund (CTF) accounts. However, at the date of signing of these accounts, there are plans in place to transfer the trade to another group company. As the Company is expected to cease trading, the Directors have prepared the financial statements on a basis other than going concern.”

Significant events

• “During the year ended 31 December 2024, the Company's principal activity was the provision of fund management services for Child Trust Fund (CTF) accounts. However, at the date of signing of these accounts, there are plans in place to transfer the trade to another group company.”
• “Following the transfer of trade, it is the intention of the Directors to wind-up of the Company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -18.9%

  £3,292,813 → £2,670,287

• Cash

  +555.5%

  £316,553 → £2,074,937

• Net assets

  -10.9%

  £2,549,969 → £2,271,264

• Employees

  —

  Not reported

• Operating profit

  -8%

  £1,636,796 → £1,505,870

• Profit before tax

  -7.9%

  £1,674,171 → £1,542,295

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers