Equagen Property Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12195020

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	175,000		175,000
Debtors	5	237,954		140,412
Cash at bank and in hand		47		1,546

		413,001		316,958
Creditors: Amounts Falling Due Within One Year	6	(11,463 )		(2,751 )

NET CURRENT ASSETS (LIABILITIES)			401,538		314,207

TOTAL ASSETS LESS CURRENT LIABILITIES			401,538		314,207

Creditors: Amounts Falling Due After More Than One Year	7		(435,172 )		(490,507 )

NET LIABILITIES			(33,634 )		(176,300 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(33,635 )		(176,301 )

SHAREHOLDERS' FUNDS			(33,634)		(176,300)

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Tivey

Director

15th December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Equagen Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12195020 . The registered office is The Old Byre Sevington, Grittleton, Chippenham, SN14 7LD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Stocks

	2025	2024
	£	£
Inventory	175,000	175,000

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	3,181
Amounts owed by group undertakings	237,951	137,231
Other debtors	3	-

	237,954	140,412

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Equagen Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,563	-
Other creditors	1,900	1,140
Taxation and social security	-	1,611

	11,463	2,751

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	123,523	123,489
Other creditors	311,649	367,018

	435,172	490,507

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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