Company Registration No. 08932763 (England and Wales)
EQUADE LIMITED
Unaudited accounts
for the year ended 31 March 2025
EQUADE LIMITED
Unaudited accounts
Contents
EQUADE LIMITED
Company Information
for the year ended 31 March 2025
Directors
Ada Ekwuozor
Ikenna Chukwuemeka Ekwuozor
Company Number
08932763 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
England
Accountants
Arthur Hamilton Accountancy
124 City Road
London
EC1V 2NX
EQUADE LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
32,040
32,040
Cash at bank and in hand
123,920
148,093
Net current assets
123,920
148,093
Total assets less current liabilities
155,960
180,133
Creditors: amounts falling due after more than one year
(2,853)
(2,191)
Net assets
153,107
177,942
Called up share capital
1
1
Profit and loss account
153,106
177,941
Shareholders' funds
153,107
177,942
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by
Ada Ekwuozor
Director
Company Registration No. 08932763
EQUADE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
EQUADE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08932763. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, adjusted for the Flat Rate VAT.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
20% Straight line
Computer equipment
50% Straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
55,379
2,931
58,310
At 31 March 2025
55,379
2,931
58,310
At 1 April 2024
22,150
4,120
26,270
At 31 March 2025
22,150
4,120
26,270
At 31 March 2025
33,229
(1,189)
32,040
At 31 March 2024
33,229
(1,189)
32,040
EQUADE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
2,853
2,191
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).