Acorah Software Products - Accounts Production 15.0.600 false true 17 November 2022 18 November 2021 false 18 November 2022 17 November 2023 17 November 2023 08735717 Mr Ibanga Ekpenyong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08735717 2022-11-17 08735717 2023-11-17 08735717 2022-11-18 2023-11-17 08735717 frs-core:CurrentFinancialInstruments 2023-11-17 08735717 frs-core:Non-currentFinancialInstruments 2023-11-17 08735717 frs-core:FurnitureFittings 2022-11-18 2023-11-17 08735717 frs-core:PlantMachinery 2023-11-17 08735717 frs-core:PlantMachinery 2022-11-18 2023-11-17 08735717 frs-core:PlantMachinery 2022-11-17 08735717 frs-core:ShareCapital 2023-11-17 08735717 frs-core:RetainedEarningsAccumulatedLosses 2023-11-17 08735717 frs-bus:PrivateLimitedCompanyLtd 2022-11-18 2023-11-17 08735717 frs-bus:FilletedAccounts 2022-11-18 2023-11-17 08735717 frs-bus:SmallEntities 2022-11-18 2023-11-17 08735717 frs-bus:AuditExempt-NoAccountantsReport 2022-11-18 2023-11-17 08735717 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-18 2023-11-17 08735717 frs-bus:Director1 2022-11-18 2023-11-17 08735717 frs-countries:EnglandWales 2022-11-18 2023-11-17 08735717 2021-11-17 08735717 2022-11-17 08735717 2021-11-18 2022-11-17 08735717 frs-core:CurrentFinancialInstruments 2022-11-17 08735717 frs-core:Non-currentFinancialInstruments 2022-11-17 08735717 frs-core:ShareCapital 2022-11-17 08735717 frs-core:RetainedEarningsAccumulatedLosses 2022-11-17
Registered number: 08735717
IJEQUAL Limited
Unaudited Financial Statements
For The Year Ended 17 November 2023
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08735717
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,933 5,245
3,933 5,245
CURRENT ASSETS
Cash at bank and in hand 5 1,258
5 1,258
Creditors: Amounts Falling Due Within One Year 5 (5,785 ) (6,678 )
NET CURRENT ASSETS (LIABILITIES) (5,780 ) (5,420 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,847 ) (175 )
Creditors: Amounts Falling Due After More Than One Year 6 (6,873 ) (6,873 )
NET LIABILITIES (8,720 ) (7,048 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (8,721 ) (7,049 )
SHAREHOLDERS' FUNDS (8,720) (7,048)
Page 1
Page 2
For the year ending 17 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ibanga Ekpenyong
Director
16/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
IJEQUAL Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08735717 . The registered office is Flat 8 Riverside court, 80 Whitworth Crescent, Southampton, Hampshire, SO18 1GA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 4% reducing balance
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 18 November 2022 19,200
As at 17 November 2023 19,200
Depreciation
As at 18 November 2022 13,955
Provided during the period 1,312
As at 17 November 2023 15,267
Net Book Value
As at 17 November 2023 3,933
As at 18 November 2022 5,245
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 1
Corporation tax 636 1,835
Accruals and deferred income 360 294
Director's loan account 4,788 4,548
5,785 6,678
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 6,873 6,873
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7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4