Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
29 February 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ( | |||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Net assets | ( | ( | ||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds | ( | ( |
The financial statements were approved and authorised for issue by the Board of Directors on 29 November 2024, and are signed on its behalf by: |
Director Registered Company No. 07415139 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Going concern | |
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Turnover policy | |
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Revenue from sale of goods | |
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Revenue from rendering of services | |
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Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
Employee benefits | |
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Defined contribution pension plan | |
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Borrowing costs | |
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Finance costs | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Investment property | |
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Finance leases and hire purchase contracts | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Financial instruments | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Land & buildings | Plant & machinery | Vehicles | Fixtures & fittings | Office Equipment | Total | |||||||
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£ | £ | £ | £ | £ | £ | |||||||
Cost or valuation | ||||||||||||
At 01 March 23 | ||||||||||||
Additions | ||||||||||||
At 29 February 24 | ||||||||||||
Depreciation and impairment | ||||||||||||
At 01 March 23 | ||||||||||||
Charge for year | ||||||||||||
At 29 February 24 | ||||||||||||
Net book value | ||||||||||||
At 29 February 24 | ||||||||||||
At 28 February 23 |
4. | Investment property |
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In 2020 Property, Plant and Equipment (PPE) that no longer met the definition of PPE was reclassified to investment property at net book value. The net book value of the investment property is treated as the fair value. The directors believe the cost of undertaking a professional valuationexercise would cause undue cost and effort and therefore have decided to retain the net book value as deemed cost and to not undertake a valuation, however it is their informalview that the market value of the property is unlikely to be materially different from the net book value. No depreciation is provided. |
£ | ||
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Fair value at 01 March 23 | ||
At 29 February 24 |
5. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade debtors / trade receivables | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Finance lease and HP contracts | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
8. | Obligations under finance leases |
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2024 | 2023 | |||
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£ | £ | |||
Finance lease and HP contracts |
9. | Share capital |
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10. | Controlling party |
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Equiprofi Limited is controlled by its directors Nikolai Dyshaev and Ksenia Dyshaev-Jones, by virtue of them owning 50% of the issue share capital. |