REGISTERED NUMBER: 06009889 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

EQUIPTEST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D T J Hooper

REGISTERED OFFICE:

Hillcrest

Gloucester Road

Alveston

Bristol

South Glocestershire

BS35 3RG

REGISTERED NUMBER:

06009889 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville (Bristol) Limited

c/o MGB Accountants - Suite 22

Trym Lodge, 1 Henbury Road

Westbury-on-Trym

Bristol

BS9 3HQ

FIXED ASSETS

Tangible assets

4

415,145

344,076

CURRENT ASSETS

Stocks

1,050

1,050

Debtors

5

752,394

605,884

Cash at bank

448,899

456,907

1,202,343

1,063,841

CREDITORS

Amounts falling due within one year

6

297,374

265,152

NET CURRENT ASSETS

904,969

798,689

TOTAL ASSETS LESS CURRENT LIABILITIES

1,320,114

1,142,765

CREDITORS

Amounts falling due after more than one year

7

357,146

360,559

NET ASSETS

962,968

782,206

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

962,966

782,204

SHAREHOLDERS' FUNDS

962,968

782,206

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 October 2025 and were signed by:

D T J Hooper - Director

1.	STATUTORY INFORMATION

Equiptest 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

18% 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.

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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

387,962

36,658

240,690

665,310

Additions

120,254

1,009

55,559

176,822

Disposals

(15,999

)

-

-

(15,999

)

At 31 March 2025

492,217

37,667

296,249

826,133

DEPRECIATION

At 1 April 2024

203,998

24,585

92,651

321,234

Charge for year

52,095

2,211

36,648

90,954

Eliminated on disposal

(1,200

)

-

-

(1,200

)

At 31 March 2025

254,893

26,796

129,299

410,988

NET BOOK VALUE

At 31 March 2025

237,324

10,871

166,950

415,145

At 31 March 2024

183,964

12,073

148,039

344,076

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

76,003

DEPRECIATION

At 1 April 2024

19,146

Charge for year

10,562

At 31 March 2025

29,708

NET BOOK VALUE

At 31 March 2025

46,295

At 31 March 2024

56,857

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

97,924

129,745

Amounts owed by group undertakings

650,070

305,720

Other debtors

4,400

170,419

752,394

605,884

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

33,782

22,760

Trade creditors

145,330

104,293

Taxation and social security

88,400

108,237

Other creditors

19,862

19,862

297,374

265,152

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,236

12,439

Hire purchase contracts

354,910

348,120

357,146

360,559