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Company Registration No. 07034792 (England and Wales)
Equilibrium Financial Services Limited Unaudited accounts for the year ended 30 March 2023
Equilibrium Financial Services Limited Unaudited accounts Contents
Page
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Equilibrium Financial Services Limited Company Information for the year ended 30 March 2023
Director
Michael Roy Eaton
Company Number
07034792 (England and Wales)
Registered Office
62 Horton Way Nantwich Cheshire CW5 7GD England
Accountants
Charterhouse Accountants 3 Brindley Court Lymedale Business Park Newcastle Under Lyme Staffordshire ST5 9QA
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Equilibrium Financial Services Limited Statement of financial position as at 30 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,000 
2,500 
Current assets
Debtors
17,071 
72,483 
Cash at bank and in hand
675 
72,300 
17,746 
144,783 
Creditors: amounts falling due within one year
(71,010)
(67,866)
Net current (liabilities)/assets
(53,264)
76,917 
Total assets less current liabilities
(51,264)
79,417 
Creditors: amounts falling due after more than one year
52,000 
(54,500)
Net assets
736 
24,917 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
726 
24,907 
Shareholders' funds
736 
24,917 
For the year ending 30 March 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 February 2024 and were signed on its behalf by
Michael Roy Eaton Director Company Registration No. 07034792
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Equilibrium Financial Services Limited Notes to the Accounts for the year ended 30 March 2023
1
Statutory information
Equilibrium Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07034792. The registered office is 62 Horton Way, Nantwich, Cheshire, CW5 7GD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 March 2022
547 
2,500 
3,047 
At 30 March 2023
547 
2,500 
3,047 
Depreciation
At 31 March 2022
547 
- 
547 
Charge for the year
- 
500 
500 
At 30 March 2023
547 
500 
1,047 
Net book value
At 30 March 2023
- 
2,000 
2,000 
At 30 March 2022
- 
2,500 
2,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,815 
42,000 
Other debtors
256 
30,483 
17,071 
72,483 
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Equilibrium Financial Services Limited Notes to the Accounts for the year ended 30 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
17,366 
Other creditors
55,260 
45,000 
Loans from directors
15,750 
5,500 
71,010 
67,866 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
(45,000)
47,500 
Loans from directors
(2,500)
2,500 
Accruals
(4,500)
4,500 
(52,000)
54,500 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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