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REGISTERED NUMBER: 06804796 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Equation Recruitment Limited

Equation Recruitment Limited (Registered number: 06804796)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Equation Recruitment Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mrs K M Durrant
Mr J L Norman





REGISTERED OFFICE: 12 Deans Court
Bicester
Oxfordshire
OX26 6RD





REGISTERED NUMBER: 06804796 (England and Wales)





ACCOUNTANTS: Wagner Mason Accountants Ltd
132 Gidley Way
Horspath
Oxford
Oxfordshire
OX33 1TD

Equation Recruitment Limited (Registered number: 06804796)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 469 -

CURRENT ASSETS
Debtors 5 67,211 82,422
Cash at bank 95,276 84,941
162,487 167,363
CREDITORS
Amounts falling due within one year 6 103,105 96,946
NET CURRENT ASSETS 59,382 70,417
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,851

70,417

CREDITORS
Amounts falling due after more than one
year

7

4,167

14,167
NET ASSETS 55,684 56,250

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings 55,580 56,146
SHAREHOLDERS' FUNDS 55,684 56,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Equation Recruitment Limited (Registered number: 06804796)

Balance Sheet - continued
31 January 2025


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 22 May 2025 and were signed on its behalf by:





Mrs K M Durrant - Director


Equation Recruitment Limited (Registered number: 06804796)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Equation Recruitment 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.

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.
Land and buildings - 20% on cost
Plant and machinery etc - 25% on cost

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.

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 year was 36 (2024 - 36 ) .

Equation Recruitment Limited (Registered number: 06804796)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2024 3,476 24,384 27,860
Additions - 675 675
Disposals (3,476 ) (24,384 ) (27,860 )
At 31 January 2025 - 675 675
DEPRECIATION
At 1 February 2024 3,476 24,384 27,860
Charge for year - 206 206
Eliminated on disposal (3,476 ) (24,384 ) (27,860 )
At 31 January 2025 - 206 206
NET BOOK VALUE
At 31 January 2025 - 469 469

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 48,590 74,634
Other debtors 18,621 7,788
67,211 82,422

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 7,248 2,496
Taxation and social security 61,708 55,804
Other creditors 34,149 38,646
103,105 96,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Other creditors 4,167 14,167

8. LOANS

An analysis of the maturity of loans is given below:

31.1.25 31.1.24
£    £   
Amounts falling due within one year or on demand:
Bounce Back Loan 10,000 10,000

Equation Recruitment Limited (Registered number: 06804796)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. LOANS - continued
31.1.25 31.1.24
£    £   
Amounts falling due between two and five years:
Bounce Back Loan 4,167 14,167