EQUILIBRIUM PRODUCTS LIMITED

Company Registration Number:
03762996 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

EQUILIBRIUM PRODUCTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

EQUILIBRIUM PRODUCTS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

18 months to 28 February 2023


£

£
Fixed assets
Intangible assets: 3 41,791 53,328
Tangible assets: 4 12,683 15,191
Total fixed assets: 54,474 68,519
Current assets
Stocks: 430,066 557,206
Debtors:   480,328 394,677
Cash at bank and in hand: 1,911 29,320
Total current assets: 912,305 981,203
Creditors: amounts falling due within one year:   (749,450) (684,634)
Net current assets (liabilities): 162,855 296,569
Total assets less current liabilities: 217,329 365,088
Creditors: amounts falling due after more than one year:   (131,971) (203,095)
Total net assets (liabilities): 85,358 161,993
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 83,358 159,993
Shareholders funds: 85,358 161,993

The notes form part of these financial statements

EQUILIBRIUM PRODUCTS LIMITED

Balance sheet statements

For the year ending 28 February 2024 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 28 November 2024
and signed on behalf of the board by:

Name: M Donnelly
Status: Director

The notes form part of these financial statements

EQUILIBRIUM PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

EQUILIBRIUM PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 18 months to 28 February 2023
Average number of employees during the period 12 14

EQUILIBRIUM PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 129,118
At 28 February 2024 129,118
Amortisation
At 01 March 2023 75,790
Charge for year 11,537
At 28 February 2024 87,327
Net book value
At 28 February 2024 41,791
At 28 February 2023 53,328

EQUILIBRIUM PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 61,370
Additions 1,300
At 28 February 2024 62,670
Depreciation
At 01 March 2023 46,179
Charge for year 3,808
At 28 February 2024 49,987
Net book value
At 28 February 2024 12,683
At 28 February 2023 15,191