1 May 2023 false No description of principal activity Taxfiler 2024.5 05116983business:PrivateLimitedCompanyLtd2023-05-012024-04-30 051169832023-04-30 051169832023-05-012024-04-30 05116983business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 05116983business:FilletedAccounts2023-05-012024-04-30 051169832024-04-30 05116983business:Director12023-05-012024-04-30 05116983business:RegisteredOffice2023-05-012024-04-30 051169832023-04-30 05116983core:WithinOneYear2024-04-30 05116983core:WithinOneYear2023-04-30 05116983core:AfterOneYear2024-04-30 05116983core:AfterOneYear2023-04-30 05116983countries:EnglandWales2023-05-012024-04-30 051169832022-05-012023-04-30 05116983business:Micro-entities2023-05-012024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 05116983 (England and Wales)
THE FINANCE EQUATION LIMITED Unaudited accounts for the year ended 30 April 2024
THE FINANCE EQUATION LIMITED Annual report and unaudited accounts for the year ended 30 April 2024
CONTENTS
PAGE
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THE FINANCE EQUATION LIMITED Company Information for the year ended 30 April 2024
Director
Mr Aadil Butt
Company Number
05116983 (England and Wales)
Registered Office
65 MEATH ROAD ILFORD ESSEX IG1 1JB
Accountants
The Finance Equation Ltd 334 Ley Street Ilford England IG1 4AF
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THE FINANCE EQUATION LIMITED Statement of Financial Position as at 30 April 2024
2024 
2023 
£ 
£ 
Current assets
13,837 
16,402 
Creditors: amounts falling due within one year
(3,341)
(3,000)
Net current assets
10,496 
13,402 
Total assets less current liabilities
10,496 
13,402 
Creditors: amounts falling due after more than one year
(6,000)
(9,736)
Net assets
4,496 
3,666 
Capital and reserves
4,496 
3,666 
NOTES TO THE ACCOUNTS
1 Statutory information
THE FINANCE EQUATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05116983. The registered office is 65 MEATH ROAD, ILFORD, ESSEX, IG1 1JB.
2 Director's advances, credit and guarantees
None for the year
None for the year
3 Guarantees and other financial commitments
None for the year
The company took a £20,000 BBL loan from Santander in 2020. The amount owed at this year-end is £9,736
None for the Year
4 Average number of employees
During the year the average number of employees was 1 (2023: 2).
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THE FINANCE EQUATION LIMITED Statement of Financial Position as at 30 April 2024 (continued)
For the year ending 30 April 2024 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 5 November 2024
Mr Aadil Butt Director Company Registration No. 05116983
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