31 July 2022 false No description of principal activity Taxfiler 2024.1 09009762business:PrivateLimitedCompanyLtd2022-07-312023-07-30 090097622022-07-30 090097622022-07-312023-07-30 09009762business:AuditExempt-NoAccountantsReport2022-07-312023-07-30 09009762business:FilletedAccounts2022-07-312023-07-30 090097622023-07-30 09009762business:Director12022-07-312023-07-30 09009762business:RegisteredOffice2022-07-312023-07-30 090097622022-07-30 09009762core:WithinOneYear2023-07-30 09009762core:WithinOneYear2022-07-30 09009762core:ShareCapitalcore:PreviouslyStatedAmount2023-07-30 09009762core:ShareCapitalcore:PreviouslyStatedAmount2022-07-30 09009762core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-30 09009762core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-30 09009762core:PreviouslyStatedAmount2023-07-30 09009762core:PreviouslyStatedAmount2022-07-30 09009762business:SmallEntities2022-07-312023-07-30 09009762countries:EnglandWales2022-07-312023-07-30 09009762core:PlantMachinery2022-07-312023-07-30 09009762core:PlantMachinery2022-07-30 09009762core:PlantMachinery2023-07-30 090097622021-07-312022-07-30 iso4217:GBP xbrli:pure
Company Registration No. 09009762 (England and Wales)
EQUITOTAL LTD Unaudited accounts for the year ended 30 July 2023
EQUITOTAL LTD Unaudited accounts Contents
Page
- 2 -
EQUITOTAL LTD Company Information for the year ended 30 July 2023
Director
Simon Notley
Company Number
09009762 (England and Wales)
Registered Office
East Coombe Head Yeoford Crediton EX17 5HA
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
- 3 -
EQUITOTAL LTD Statement of financial position as at 30 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,090 
1,248 
Current assets
Cash at bank and in hand
635 
511 
Creditors: amounts falling due within one year
(429,551)
(366,125)
Net current liabilities
(428,916)
(365,614)
Net liabilities
(427,826)
(364,366)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(427,827)
(364,367)
Shareholders' funds
(427,826)
(364,366)
For the year ending 30 July 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 12 April 2024 and were signed on its behalf by
Simon Notley Director Company Registration No. 09009762
- 4 -
EQUITOTAL LTD Notes to the Accounts for the year ended 30 July 2023
1
Statutory information
EQUITOTAL LTD is a private company, limited by shares, registered in England and Wales, registration number 09009762. The registered office is East Coombe Head, Yeoford, Crediton, EX17 5HA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 31 July 2022
6,412 
Additions
205 
At 30 July 2023
6,617 
Depreciation
At 31 July 2022
5,164 
Charge for the year
363 
At 30 July 2023
5,527 
Net book value
At 30 July 2023
1,090 
At 30 July 2022
1,248 
- 5 -
EQUITOTAL LTD Notes to the Accounts for the year ended 30 July 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
429,192 
365,826 
Accruals
359 
299 
429,551 
366,125 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -