Registered number: 06848744 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
Vertice Italy LTD | ||||||||
21 Kinghtsbridge | ||||||||
London | ||||||||
SW1X 7LY |
Equinox Re Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06848744 | ||||||||
ACCOUNTANTS | ||||||||
Vertice Italy LTD | ||||||||
21 Kinghtsbridge | ||||||||
London | ||||||||
SW1X 7LY |
Equinox Re Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Equinox Re Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
1,005,211 | 645,246 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (115,032) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 162,241 | 937,100 | |||||||
NET ASSETS / (LIABILITIES) | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 101,626 | (933,554) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Equinox Re Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 18% | |||||||
Equipment | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
Equinox Re Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | ||||||
Machinery | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2022 | 75,198 | 12,978 | 88,176 | |||
At 31/03/2023 | 75,198 | 12,978 | 88,176 | |||
Depreciation | ||||||
At 01/04/2022 | 63,674 | 5,678 | 69,352 | |||
For the year | 2,074 | 1,825 | 3,899 | |||
At 31/03/2023 | 65,748 | 7,503 | 73,251 | |||
Net Book Amounts | ||||||
At 31/03/2023 | 14,925 | |||||
At 31/03/2022 | 18,824 | |||||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/04/2022 | 99,854 | 99,854 | |||||||
At 31/03/2023 | 99,854 | 99,854 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/03/2023 | 99,854 | 99,854 | |||||||
At 31/03/2022 | 99,854 | 99,854 | |||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 90,300 | 76,304 | ||||||
Landlord Deposits | 296,247 | 287,148 | ||||||
Amounts due from group companies | 59,000 | 59,000 | ||||||
445,547 | 422,452 | |||||||
Amounts falling due over more than one year | ||||||||
DPS receivable | 361,975 | - | ||||||
361,975 | - | |||||||
Equinox Re Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
PAYE control | 1,169 | - | ||||||
Trade creditors | 445,132 | 373,208 | ||||||
Tenants Deposits | 409,722 | 387,070 | ||||||
856,023 | 760,278 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Loans >1yr | 162,241 | 238,813 | ||||||
CVA Creditors | - | 698,287 | ||||||
162,241 | 937,100 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||