REGISTERED NUMBER: 02674920 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Equalresponse Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

10

DIRECTORS:

K R Cooper

A C Cooper

P A Holt

SECRETARY:

K R Cooper

REGISTERED OFFICE:

1 Trafford Road

Eccles

Lancashire

M30 0JX

REGISTERED NUMBER:

02674920 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Intangible assets

4

12,467

18,701

Tangible assets

5

1,224,698

934,173

Investment property

6

300,000

300,000

1,537,165

1,252,874

CURRENT ASSETS

Stocks

314,340

291,767

Debtors

7

2,554,199

2,614,735

Cash at bank and in hand

233,713

202,461

3,102,252

3,108,963

CREDITORS

Amounts falling due within one year

8

(1,161,278

)

(1,023,631

)

NET CURRENT ASSETS

1,940,974

2,085,332

TOTAL ASSETS LESS CURRENT LIABILITIES

3,478,139

3,338,206

CREDITORS

Amounts falling due after more than one year

9

(337,339

)

(229,074

)

PROVISIONS FOR LIABILITIES

(321,875

)

(195,874

)

NET ASSETS

2,818,925

2,913,258

CAPITAL AND RESERVES

Called up share capital

11

3

3

Non-distributable reserves

121,927

121,927

Retained earnings

2,696,995

2,791,328

SHAREHOLDERS' FUNDS

2,818,925

2,913,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

P A Holt - Director

1.	STATUTORY INFORMATION

Equalresponse 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of various businesses, is being amortised evenly over its estimated useful life of 5 years.

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.

Number plates are being amortised evenly over their estimated useful life of 5 years.

Website development are being amortised evenly over their estimated useful life of 5 years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery -

20% on cost

Fixture & fittings -

20% on cost

Motor vehicles -

25% on cost

Improvements to property -

20% on cost

Computer equipment -

33% on cost

Investment property

Investment properties are initially measured at cost plus costs directly attributable to the acquisition. Subsequent measurement is with reference to fair value with any increases credited to the Income Statement and transferred to a non-distributable reserve. Any diminution in fair value, below that of amounts already credited to this reserve, are charged to the Income Statement. Any increases in property values which were previously charged to the Income Statement are credited from the Income Statement to the extent that the original charge is reversed.

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the Income Statement 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 the Income Statement in the period to which they relate.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Share capital

Ordinary shares are classed as equity.

Distributions to equity holders

Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

196,437

32,948

229,385

AMORTISATION

At 1 October 2023

196,437

14,247

210,684

Charge for year

-

6,234

6,234

At 30 September 2024

196,437

20,481

216,918

NET BOOK VALUE

At 30 September 2024

-

12,467

12,467

At 30 September 2023

-

18,701

18,701

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

5,605,185

Additions

885,697

Disposals

(248,384

)

At 30 September 2024

6,242,498

DEPRECIATION

At 1 October 2023

4,671,012

Charge for year

488,786

Eliminated on disposal

(141,998

)

At 30 September 2024

5,017,800

NET BOOK VALUE

At 30 September 2024

1,224,698

At 30 September 2023

934,173

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2023

862,140

Additions

449,917

Disposals

(116,828

)

At 30 September 2024

1,195,229

DEPRECIATION

At 1 October 2023

328,685

Charge for year

278,844

Eliminated on disposal

(35,764

)

At 30 September 2024

571,765

NET BOOK VALUE

At 30 September 2024

623,464

At 30 September 2023

533,455

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 30 September 2024

300,000

NET BOOK VALUE

At 30 September 2024

300,000

At 30 September 2023

300,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

528,934

508,332

Amounts owed by group undertakings

4,991

-

Other debtors

2,020,274

2,106,403

2,554,199

2,614,735

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

148,904

114,735

Trade creditors

679,110

626,800

Taxation and social security

190,165

211,783

Other creditors

143,099

70,313

1,161,278

1,023,631

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

337,339

229,074

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

486,243

343,809

Hire purchase contracts are secured against the assets to which they relate.

A fixed and floating charge is held by The Royal Bank of Scotland PLC over the bank overdraft.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

3

Ordinary

£1

3

3

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

2024

2023

£

£

K R Cooper

Balance outstanding at start of year

110,363

(106,363

)

Amounts advanced

1,806

216,726

Amounts repaid

(113,001

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(832

)

110,363

A C Cooper

Balance outstanding at start of year

46,018

(115,870

)

Amounts advanced

-

161,888

Amounts repaid

(47,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(982

)

46,018

P A Holt

Balance outstanding at start of year

47,425

(116,674

)

Amounts advanced

-

166,218

Amounts repaid

(48,000

)

(2,119

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(575

)

47,425

At the reporting date the company owed the directors £2,389 which is repayable on demand and attracts no interest.

13.	EMPLOYEE OWNERSHIP TRUST

On 30 September 2023, the shareholder elected to sell 100% of their shares to the company's employees through the mechanism of an Employee Ownership Trust.

Equalresponse Limited is guarantor for loan notes issued on behalf of the trust known as "The Equalresponse Employee Ownership Trust". There are loan notes issued at the year end that are authorised for the purpose of making payments against the deferred consideration.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Equalresponse Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Equalresponse Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Equalresponse Limited and state those matters that we have agreed to state to the Board of Directors of Equalresponse Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Equalresponse Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Equalresponse Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Equalresponse Limited. You consider that Equalresponse Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Equalresponse Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

29 September 2025