REGISTERED NUMBER: 05829578 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

AEQUITAS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Coles

Miss S E Lancaster

REGISTERED OFFICE:

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

REGISTERED NUMBER:

05829578 (England and Wales)

FIXED ASSETS

Intangible assets

4

10,356

18,121

Tangible assets

5

21,003

19,305

31,359

37,426

CURRENT ASSETS

Stocks

61,549

75,519

Debtors

6

252,686

269,400

Cash at bank

254,300

259,255

568,535

604,174

CREDITORS

Amounts falling due within one year

7

114,680

147,390

NET CURRENT ASSETS

453,855

456,784

TOTAL ASSETS LESS CURRENT LIABILITIES

485,214

494,210

CREDITORS

Amounts falling due after more than one year

8

-

(9,328

)

PROVISIONS FOR LIABILITIES

(4,033

)

(4,730

)

NET ASSETS

481,181

480,152

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

481,081

480,052

SHAREHOLDERS' FUNDS

481,181

480,152

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 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 29 December 2025 and were signed on its behalf by:

M J Coles - Director

1.	STATUTORY INFORMATION

Aequitas 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

155,303

AMORTISATION

At 1 April 2024

137,182

Charge for year

7,765

At 31 March 2025

144,947

NET BOOK VALUE

At 31 March 2025

10,356

At 31 March 2024

18,121

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

3,824

91,947

95,771

Additions

4,554

1,931

6,485

At 31 March 2025

8,378

93,878

102,256

DEPRECIATION

At 1 April 2024

3,824

72,642

76,466

Charge for year

-

4,787

4,787

At 31 March 2025

3,824

77,429

81,253

NET BOOK VALUE

At 31 March 2025

4,554

16,449

21,003

At 31 March 2024

-

19,305

19,305

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

228,958

243,736

Other debtors

23,728

25,664

252,686

269,400

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

8,668

9,769

Trade creditors

1,580

2,219

Taxation and social security

93,366

124,595

Other creditors

11,066

10,807

114,680

147,390

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

9,328