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Company Registration No. 14017796 (England and Wales)
Equi Phoenix Ltd Unaudited accounts for the year ended 31 March 2023
Equi Phoenix Ltd Unaudited accounts Contents
Page
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Equi Phoenix Ltd Company Information for the year ended 31 March 2023
Director
Mrs Drusilla Butterfield
Company Number
14017796 (England and Wales)
Registered Office
7 Drovers Lane Chagford Newton Abbot Devon TQ13 8FQ
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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Equi Phoenix Ltd Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
15,587 
Current assets
Cash at bank and in hand
3,356 
Creditors: amounts falling due within one year
(12,224)
Net current liabilities
(8,868)
Total assets less current liabilities
6,719 
Creditors: amounts falling due after more than one year
(600)
Provisions for liabilities
Deferred tax
(2,962)
Net assets
3,157 
Capital and reserves
Called up share capital
10 
Profit and loss account
3,147 
Shareholders' funds
3,157 
For the year ending 31 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 her 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 28 November 2023 and were signed on its behalf by
Mrs Drusilla Butterfield Director Company Registration No. 14017796
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Equi Phoenix Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Equi Phoenix Ltd is a private company, limited by shares, registered in England and Wales, registration number 14017796. The registered office is 7 Drovers Lane, Chagford, Newton Abbot, Devon, TQ13 8FQ.
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 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:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
- 
- 
- 
- 
Additions
2,508 
17,000 
1,275 
20,783 
At 31 March 2023
2,508 
17,000 
1,275 
20,783 
Depreciation
Charge for the year
627 
4,250 
319 
5,196 
At 31 March 2023
627 
4,250 
319 
5,196 
Net book value
At 31 March 2023
1,881 
12,750 
956 
15,587 
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Equi Phoenix Ltd Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
£ 
Loans from directors
12,224 
6
Creditors: amounts falling due after more than one year
2023 
£ 
Accruals
600 
7
Average number of employees
During the year the average number of employees was 1.
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