Registered number
02859938
Equitylink Limited
Filleted Accounts
31 December 2024
Equitylink Limited
Registered number: 02859938
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 65,795 78,012
Current assets
Debtors 4 4,206 6,016
Cash at bank and in hand 63,487 26,128
67,693 32,144
Creditors: amounts falling due within one year 5 (96,760) (102,167)
Net current liabilities (29,067) (70,023)
Net assets 36,728 7,989
Capital and reserves
Called up share capital 20 20
Retained earnings 36,708 7,969
Shareholders' funds 36,728 7,989
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S Berry
Director
Approved by the board on 24 February 2025
Equitylink Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Statutory Information
Equitylink Limited 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.
Basis of preparation
These Financial Statements have been prepared under the historical cost convention and in accordance with the provisions of Section 1A 'Small Entities' of Financial Reporting Standard 102 (FRS 102), "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The presentation currency is £ sterling.
Turnover
Turnover represents subscriptions receivable for the year net of VAT.
Tangible fixed assets
Depreciation has been provided at the following annual rate in order to write off the assets over their estimated useful life.
Furniture and fittings 25% on writing down value
Taxation
Taxation for the year comprises current 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 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 7 7
3 Tangible fixed assets
Furniture and Fittings
£
Cost
At 1 January 2024 429,938
Additions 23,295
Disposals (304,499)
At 31 December 2024 148,734
Depreciation
At 1 January 2024 351,926
Charge for the year 21,932
On disposals (290,919)
At 31 December 2024 82,939
Net book value
At 31 December 2024 65,795
At 31 December 2023 78,012
4 Debtors 2024 2023
£ £
Prepayments 986 934
Other debtors 3,220 5,082
4,206 6,016
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 33,502 39,190
Other creditors 2,403 3,321
Corporation tax 31,476 33,217
Other taxes and social security costs 139 -
Accruals 29,240 26,439
96,760 102,167
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