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Company Registration No. 12009696 (England and Wales)
AREAEQUITY CONSTRUCTION LTD Unaudited accounts for the year ended 31 May 2024
AREAEQUITY CONSTRUCTION LTD Unaudited accounts Contents
Page
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AREAEQUITY CONSTRUCTION LTD Company Information for the year ended 31 May 2024
Director
Fiorenzo Stocco
Company Number
12009696 (England and Wales)
Registered Office
OFFICE 5-D179 1 ST KATHARINE'S WAY E1W 1UN London E1W 1UN United Kingdom
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AREAEQUITY CONSTRUCTION LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
194,658 
212,271 
Cash at bank and in hand
15,422 
60,994 
210,080 
273,265 
Creditors: amounts falling due within one year
(78,556)
(171,173)
Net current assets
131,524 
102,092 
Total assets less current liabilities
131,524 
102,092 
Creditors: amounts falling due after more than one year
(5,592)
- 
Net assets
125,932 
102,092 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
124,932 
101,092 
Shareholders' funds
125,932 
102,092 
For the year ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 January 2025 and were signed on its behalf by
Fiorenzo Stocco Director Company Registration No. 12009696
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AREAEQUITY CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
AREAEQUITY CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12009696. The registered office is OFFICE 5-D179, 1 ST KATHARINE'S WAY, E1W 1UN, London, E1W 1UN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
162,942 
193,755 
Accrued income and prepayments
29,399 
17,499 
Other debtors
2,317 
1,017 
194,658 
212,271 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,454 
3,534 
Trade creditors
28,518 
188,505 
Taxes and social security
1,527 
12,925 
Other creditors
10,500 
- 
Loans from directors
32 
7,032 
Accruals
35,525 
(40,823)
78,556 
171,173 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
5,592 
- 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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