REGISTERED NUMBER: 06620023 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EQUITOGS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

158,564

177,559

158,564

177,559

CURRENT ASSETS

Stocks

841,014

972,686

Debtors

6

61,485

68,916

Cash at bank and in hand

229,664

392,585

1,132,163

1,434,187

CREDITORS

Amounts falling due within one year

7

433,709

656,173

NET CURRENT ASSETS

698,454

778,014

TOTAL ASSETS LESS CURRENT LIABILITIES

857,018

955,573

CREDITORS

Amounts falling due after more than one year

8

(179,323

)

(219,529

)

PROVISIONS FOR LIABILITIES

(26,793

)

(31,352

)

NET ASSETS

650,902

704,692

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

649,902

703,692

SHAREHOLDERS' FUNDS

650,902

704,692

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

K F Ewers - Director

1.	STATUTORY INFORMATION

Equitogs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06620023

Registered office:

Wharf Farm

Wisborough Green

Billingshurst

West Sussex

RH14 0JG

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Leasehold

- 10% on cost

Improvements to property

- 10% on cost

Office equipment

- 25% on cost

Computer equipment

- 25% on cost

Horses

- 25% on cost

Motor vehicles

- 20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

13,614

AMORTISATION

At 1 January 2024

and 31 December 2024

13,614

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2024

7,564

82,394

139,439

Additions

-

-

1,949

Disposals

-

-

(3,638

)

At 31 December 2024

7,564

82,394

137,750

DEPRECIATION

At 1 January 2024

4,664

18,722

48,165

Charge for year

756

7,183

5,810

Eliminated on disposal

-

-

(1,036

)

At 31 December 2024

5,420

25,905

52,939

NET BOOK VALUE

At 31 December 2024

2,144

56,489

84,811

At 31 December 2023

2,900

63,672

91,274

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

5,226

75,999

35,236

345,858

Additions

-

-

1,935

3,884

Disposals

-

-

-

(3,638

)

At 31 December 2024

5,226

75,999

37,171

346,104

DEPRECIATION

At 1 January 2024

4,739

62,370

29,639

168,299

Charge for year

452

2,726

3,350

20,277

Eliminated on disposal

-

-

-

(1,036

)

At 31 December 2024

5,191

65,096

32,989

187,540

NET BOOK VALUE

At 31 December 2024

35

10,903

4,182

158,564

At 31 December 2023

487

13,629

5,597

177,559

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

49,650

54,866

Other debtors

11,835

14,050

61,485

68,916

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

40,049

37,797

Trade creditors

226,270

436,612

Taxation and social security

114,861

131,115

Other creditors

52,529

50,649

433,709

656,173

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

179,323

219,529

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

25,313

61,037

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

219,372

257,326

The loans included above are secured by way of fixed and floating charges against the assets of the company.