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Company Registration No. 10204534 (England and Wales)
Equidem Research And Consulting Limited Unaudited accounts for the year ended 31 May 2024
Equidem Research And Consulting Limited Unaudited accounts Contents
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Equidem Research And Consulting Limited Company Information for the year ended 31 May 2024
Director
Syed Mustafa Qadri
Company Number
10204534 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ ENGLAND
Accountants
Taxacc Solutions Ltd 117A St. Johns Hill Sevenoaks Kent TN13 3PE
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Equidem Research And Consulting Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,282 
2,471 
Current assets
Debtors
49,215 
79,810 
Cash at bank and in hand
4,704 
4,332 
53,919 
84,142 
Creditors: amounts falling due within one year
(42,867)
(55,907)
Net current assets
11,052 
28,235 
Net assets
12,334 
30,706 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,234 
30,606 
Shareholders' funds
12,334 
30,706 
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 25 April 2025 and were signed on its behalf by
Syed Mustafa Qadri Director Company Registration No. 10204534
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Equidem Research And Consulting Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Equidem Research And Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 10204534. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, ENGLAND.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised as and when work is performed and invoiced under the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Equidem Research And Consulting Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
823 
9,084 
9,907 
At 31 May 2024
823 
9,084 
9,907 
Depreciation
At 1 June 2023
102 
7,334 
7,436 
Charge for the year
274 
915 
1,189 
At 31 May 2024
376 
8,249 
8,625 
Net book value
At 31 May 2024
447 
835 
1,282 
At 31 May 2023
721 
1,750 
2,471 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,965 
48,617 
Accrued income and prepayments
2,332 
5,782 
Other debtors
42,918 
25,411 
49,215 
79,810 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
21,256 
5,087 
VAT
315 
5,583 
Trade creditors
3,639 
31,761 
Taxes and social security
12,908 
12,419 
Other creditors
4,701 
3,102 
Loans from directors
48 
(13,252)
Accruals
- 
11,207 
42,867 
55,907 
7
Transactions with related parties
The amount owed to the related party is £48 (2023: Amount owed by related party £13,252).
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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