Equipt Therapeutic Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13897545 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EQUIPT THERAPEUTIC SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms S J Georgeson

REGISTERED OFFICE:

13 Regent Street

Barnsley

South Yorkshire

S70 2EG

REGISTERED NUMBER:

13897545 (England and Wales)

ACCOUNTANTS:

Gibson Booth Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

FIXED ASSETS

Tangible assets

4

2,536

3,171

CURRENT ASSETS

Debtors

5

16,299

50,075

Cash at bank

41,593

32,553

57,892

82,628

CREDITORS

Amounts falling due within one year

6

54,608

70,892

NET CURRENT ASSETS

3,284

11,736

TOTAL ASSETS LESS CURRENT LIABILITIES

5,820

14,907

PROVISIONS FOR LIABILITIES

482

602

NET ASSETS

5,338

14,305

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

5,238

14,205

SHAREHOLDERS' FUNDS

5,338

14,305

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 her 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 director and authorised for issue on 14 October 2025 and were signed by:

Ms S J Georgeson - Director

1.	STATUTORY INFORMATION

Equipt Therapeutic Services 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from the provision of educational support services is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

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

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:

Fixtures and fittings

25% reducing balance

Computer equipment

25% reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

394

3,116

3,510

Additions

184

-

184

At 31 March 2025

578

3,116

3,694

DEPRECIATION

At 1 April 2024

92

247

339

Charge for year

102

717

819

At 31 March 2025

194

964

1,158

NET BOOK VALUE

At 31 March 2025

384

2,152

2,536

At 31 March 2024

302

2,869

3,171

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

8,604

40,606

Prepayments and accrued income

7,695

9,469

16,299

50,075

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

7,915

1,768

Corporation tax

17,629

7,858

VAT

4,270

4,260

Directors' current accounts

196

682

Accruals and deferred income

24,598

56,324

54,608

70,892

7.	FINANCIAL COMMITMENTS

The total financial commitments which are not included in the balance sheet amount to £30,780 (2024 - £30,780).

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

50

A Ordinary

£1

50

B Ordinary

£1

50

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

Ms S J Georgeson

Balance outstanding at start of year

-

15,611

Amounts advanced

15,419

8,418

Amounts repaid

(15,419

)

(24,029

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

10.	RELATED PARTY DISCLOSURES

Other Related Parties

31.3.25

31.3.24

£

Purchases from related parties

5,000

-