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REGISTERED NUMBER: 09417568 (England and Wales)

















Unaudited Financial Statements

for the Period

1 April 2024 to 31 December 2024

for

Equus Works Limited

Equus Works Limited (Registered number: 09417568)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Equus Works Limited

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTORS: P J Armitage
Mrs P Daly
H A Daly
S E Terry
E Wylie





REGISTERED OFFICE: Boston House
Downsview Road
Wantage
OX12 9FF





REGISTERED NUMBER: 09417568 (England and Wales)





ACCOUNTANTS: Aspen Waite South Ltd
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF

Equus Works Limited (Registered number: 09417568)

Balance Sheet
31 December 2024

31.12.24 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 417,525 260,742

CURRENT ASSETS
Stocks 86,997 185,163
Debtors 5 875,419 796,222
Cash at bank 954,488 278,925
1,916,904 1,260,310
CREDITORS
Amounts falling due within one year 6 837,018 510,298
NET CURRENT ASSETS 1,079,886 750,012
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,497,411

1,010,754

CREDITORS
Amounts falling due after more than one
year

7

(181,175

)

(11,667

)

PROVISIONS FOR LIABILITIES (79,330 ) -
NET ASSETS 1,236,906 999,087

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,236,806 998,987
1,236,906 999,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

Equus Works Limited (Registered number: 09417568)

Balance Sheet - continued
31 December 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 12 May 2025 and were signed on its behalf by:





H A Daly - Director


Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Equus Works 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 8 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 231,712 3,968 90,149 99 325,928
Additions 276,617 1,615 - - 278,232
Disposals (45,600 ) - - - (45,600 )
At 31 December 2024 462,729 5,583 90,149 99 558,560
DEPRECIATION
At 1 April 2024 46,342 794 18,030 20 65,186
Charge for period 65,803 1,116 18,030 20 84,969
Eliminated on disposal (9,120 ) - - - (9,120 )
At 31 December 2024 103,025 1,910 36,060 40 141,035
NET BOOK VALUE
At 31 December 2024 359,704 3,673 54,089 59 417,525
At 31 March 2024 185,370 3,174 72,119 79 260,742

5. DEBTORS
31.12.24 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors - 283,871
Other debtors 872,979 512,351
872,979 796,222

Amounts falling due after more than one year:
Other debtors 2,440 -

Aggregate amounts 875,419 796,222

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 105,506 14,374
Trade creditors 499,787 346,168
Taxation and social security 141,176 74,684
Other creditors 80,549 65,072
837,018 510,298

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.3.24
£    £   
Bank loans 4,167 11,667
Hire purchase contracts 177,008 -
181,175 11,667