IRIS Accounts Production v24.3.2.46 12245432 Board of Directors Board of Directors 31.10.23 30.10.24 30.10.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122454322023-10-30122454322024-10-30122454322023-10-312024-10-30122454322022-10-30122454322022-10-312023-10-30122454322023-10-3012245432ns15:EnglandWales2023-10-312024-10-3012245432ns14:PoundSterling2023-10-312024-10-3012245432ns10:Director12023-10-312024-10-3012245432ns10:Director22023-10-312024-10-3012245432ns10:PrivateLimitedCompanyLtd2023-10-312024-10-3012245432ns10:SmallEntities2023-10-312024-10-3012245432ns10:AuditExempt-NoAccountantsReport2023-10-312024-10-3012245432ns10:SmallCompaniesRegimeForDirectorsReport2023-10-312024-10-3012245432ns10:SmallCompaniesRegimeForAccounts2023-10-312024-10-3012245432ns10:FullAccounts2023-10-312024-10-3012245432ns10:OrdinaryShareClass12023-10-312024-10-3012245432ns10:RegisteredOffice2023-10-312024-10-3012245432ns5:CurrentFinancialInstruments2024-10-3012245432ns5:CurrentFinancialInstruments2023-10-3012245432ns5:ShareCapital2024-10-3012245432ns5:ShareCapital2023-10-3012245432ns5:RetainedEarningsAccumulatedLosses2024-10-3012245432ns5:RetainedEarningsAccumulatedLosses2023-10-3012245432ns5:FurnitureFittings2023-10-312024-10-3012245432ns5:ComputerEquipment2023-10-312024-10-3012245432ns5:PlantMachinery2023-10-3012245432ns5:PlantMachinery2023-10-312024-10-3012245432ns5:PlantMachinery2024-10-3012245432ns5:PlantMachinery2023-10-3012245432ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3012245432ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3012245432ns10:OrdinaryShareClass12024-10-30
REGISTERED NUMBER: 12245432 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 October 2024

for

Equip2Speak Ltd

Equip2Speak Ltd (Registered number: 12245432)






Contents of the Financial Statements
for the Year Ended 30 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Equip2Speak Ltd

Company Information
for the Year Ended 30 October 2024







DIRECTORS: Mrs L Humberstone
Mr D F Humberstone





REGISTERED OFFICE: 5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ





REGISTERED NUMBER: 12245432 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

Equip2Speak Ltd (Registered number: 12245432)

Balance Sheet
30 October 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,550 2,515

CURRENT ASSETS
Debtors 5 64,985 76,871
Cash at bank 23,043 25,377
88,028 102,248
CREDITORS
Amounts falling due within one year 6 48,010 72,295
NET CURRENT ASSETS 40,018 29,953
TOTAL ASSETS LESS CURRENT LIABILITIES 43,568 32,468

PROVISIONS FOR LIABILITIES 445 478
NET ASSETS 43,123 31,990

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 43,023 31,890
SHAREHOLDERS' FUNDS 43,123 31,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Equip2Speak Ltd (Registered number: 12245432)

Balance Sheet - continued
30 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by:




Mr D F Humberstone - Director



Mrs L Humberstone - Director


Equip2Speak Ltd (Registered number: 12245432)

Notes to the Financial Statements
for the Year Ended 30 October 2024

1. STATUTORY INFORMATION

Equip2Speak Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Equip2Speak Ltd (Registered number: 12245432)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 31 October 2023 3,975
Additions 1,804
At 30 October 2024 5,779
DEPRECIATION
At 31 October 2023 1,460
Charge for year 769
At 30 October 2024 2,229
NET BOOK VALUE
At 30 October 2024 3,550
At 30 October 2023 2,515

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 64,477 76,174
Other debtors 508 697
64,985 76,871

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 46,663 28,408
Other creditors 1,347 43,887
48,010 72,295

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100