EQUINOX GIFTED THOUGHTS LIMITED

Company Registration Number:
04050851 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

EQUINOX GIFTED THOUGHTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

EQUINOX GIFTED THOUGHTS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,707 2,276
Total fixed assets: 1,707 2,276
Current assets
Stocks: 74,051 73,694
Debtors:   1,107 1,995
Cash at bank and in hand: 786 3,427
Total current assets: 75,944 79,116
Creditors: amounts falling due within one year:   (58,215) (52,213)
Net current assets (liabilities): 17,729 26,903
Total assets less current liabilities: 19,436 29,179
Creditors: amounts falling due after more than one year:   (16,995) (27,915)
Total net assets (liabilities): 2,441 1,264
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,439 1,262
Shareholders funds: 2,441 1,264

The notes form part of these financial statements

EQUINOX GIFTED THOUGHTS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: B Chander-Kumar
Status: Director

The notes form part of these financial statements

EQUINOX GIFTED THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration receivable net of value added tax. Turnover for goods and services provided is recognised on sale to the customer and on completion of the service.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over their expected useful lives as follows:- Fixtures and fittings 25% reducing balance

Other accounting policies

Stock Stock is included at the lower of cost and estimated selling price.

EQUINOX GIFTED THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

EQUINOX GIFTED THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 50,315
At 31 December 2023 50,315
Depreciation
At 01 January 2023 48,039
Charge for year 569
At 31 December 2023 48,608
Net book value
At 31 December 2023 1,707
At 31 December 2022 2,276