IRIS Accounts Production v26.1.0.640 09417568 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09417568 2024-12-31 09417568 2025-12-31 09417568 2025-01-01 2025-12-31 09417568 2024-03-31 09417568 2024-04-01 2024-12-31 09417568 2024-12-31 09417568 ns15:EnglandWales 2025-01-01 2025-12-31 09417568 ns14:PoundSterling 2025-01-01 2025-12-31 09417568 ns10:Director1 2025-01-01 2025-12-31 09417568 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09417568 ns10:SmallEntities 2025-01-01 2025-12-31 09417568 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09417568 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 09417568 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09417568 ns10:FullAccounts 2025-01-01 2025-12-31 09417568 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 09417568 ns10:Director2 2025-01-01 2025-12-31 09417568 ns10:Director3 2025-01-01 2025-12-31 09417568 ns10:Director4 2025-01-01 2025-12-31 09417568 ns10:Director5 2025-01-01 2025-12-31 09417568 ns10:RegisteredOffice 2025-01-01 2025-12-31 09417568 ns5:CurrentFinancialInstruments 2025-12-31 09417568 ns5:CurrentFinancialInstruments 2024-12-31 09417568 ns5:Non-currentFinancialInstruments 2025-12-31 09417568 ns5:Non-currentFinancialInstruments 2024-12-31 09417568 ns5:ShareCapital 2025-12-31 09417568 ns5:ShareCapital 2024-12-31 09417568 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 09417568 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 09417568 ns5:PlantMachinery 2025-01-01 2025-12-31 09417568 ns5:FurnitureFittings 2025-01-01 2025-12-31 09417568 ns5:MotorVehicles 2025-01-01 2025-12-31 09417568 ns5:ComputerEquipment 2025-01-01 2025-12-31 09417568 ns5:PlantMachinery 2024-12-31 09417568 ns5:FurnitureFittings 2024-12-31 09417568 ns5:MotorVehicles 2024-12-31 09417568 ns5:ComputerEquipment 2024-12-31 09417568 ns5:PlantMachinery 2025-12-31 09417568 ns5:FurnitureFittings 2025-12-31 09417568 ns5:MotorVehicles 2025-12-31 09417568 ns5:ComputerEquipment 2025-12-31 09417568 ns5:PlantMachinery 2024-12-31 09417568 ns5:FurnitureFittings 2024-12-31 09417568 ns5:MotorVehicles 2024-12-31 09417568 ns5:ComputerEquipment 2024-12-31 09417568 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 09417568 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 09417568 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-12-31 09417568 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-12-31 09417568 ns10:OrdinaryShareClass1 2025-12-31 09417568 2 ns10:Director2 2024-12-31 09417568 2 ns10:Director2 2024-03-31 09417568 2 ns10:Director2 2025-01-01 2025-12-31 09417568 2 ns10:Director2 2024-04-01 2024-12-31 09417568 2 ns10:Director2 2025-12-31 09417568 2 ns10:Director2 2024-12-31 09417568 ns10:Director3 3 2024-12-31 09417568 ns10:Director3 3 2024-03-31 09417568 ns10:Director3 3 2025-01-01 2025-12-31 09417568 ns10:Director3 3 2024-04-01 2024-12-31 09417568 ns10:Director3 3 2025-12-31 09417568 ns10:Director3 3 2024-12-31 09417568 ns10:Director1 1 2024-12-31 09417568 ns10:Director1 1 2024-03-31 09417568 ns10:Director1 1 2025-01-01 2025-12-31 09417568 ns10:Director1 1 2024-04-01 2024-12-31 09417568 ns10:Director1 1 2025-12-31 09417568 ns10:Director1 1 2024-12-31

REGISTERED NUMBER: 09417568 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Equus Works Limited |

Equus Works Limited (Registered number: 09417568)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Equus Works Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | P J Armitage

| Mrs P Daly

| H A Daly

| S E Terry

| E Wylie

| REGISTERED OFFICE: | Boston House

| Downsview Road

| Wantage

| OX12 9FF

| REGISTERED NUMBER: | 09417568 (England and Wales)

| ACCOUNTANTS: | Aspen Waite South Ltd

| Boston House

| Grove Business Park

| Wantage

| Oxfordshire

| OX12 9FF

Equus Works Limited (Registered number: 09417568)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 649,395 |  | 417,525 |  |

CURRENT ASSETS

Stocks | 86,997 |  | 86,997 |  |

Debtors | 5 | 1,558,483 |  | 875,419 |  |

Cash at bank | 1,213,201 |  | 954,488 |  |

2,858,681 |  | 1,916,904 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,497,493 |  | 837,018 |  |

NET CURRENT ASSETS | 1,361,188 |  | 1,079,886 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,010,583 |  | 1,497,411 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (321,414 | ) | (181,175 | ) |

PROVISIONS FOR LIABILITIES | (123,385 | ) | (79,330 | ) |

NET ASSETS | 1,565,784 |  | 1,236,906 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 1,565,684 |  | 1,236,806 |  |

SHAREHOLDERS' FUNDS | 1,565,784 |  | 1,236,906 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Equus Works Limited (Registered number: 09417568)

Balance Sheet - continued

31 December 2025

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 Board of Directors and authorised for issue on 18 April 2026 and were signed on its behalf by:

H A Daly - Director

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Equus Works 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | 20% on cost

| Stocks

| 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 items.

| 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 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.

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| 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 9 (2024 - 8 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 462,729 |  | 5,583 |  | 90,149 |  | 99 |  | 558,560 |  |

| Additions | 283,125 |  | - |  | 160,321 |  | 1,204 |  | 444,650 |  |

| Disposals | (16,855 | ) | (3,968 | ) | (29,463 | ) | (99 | ) | (50,385 | ) |

| Reclassification/transfer | - |  | (1,615 | ) | - |  | 1,615 |  | - |  |

| At 31 December 2025 | 728,999 |  | - |  | 221,007 |  | 2,819 |  | 952,825 |  |

| DEPRECIATION

| At 1 January 2025 | 103,025 |  | 1,910 |  | 36,060 |  | 40 |  | 141,035 |  |

| Charge for year | 145,800 |  | - |  | 36,185 |  | 564 |  | 182,549 |  |

| Eliminated on disposal | (6,742 | ) | (1,587 | ) | (11,785 | ) | (40 | ) | (20,154 | ) |

| Reclassification/transfer | - |  | (323 | ) | - |  | 323 |  | - |  |

| At 31 December 2025 | 242,083 |  | - |  | 60,460 |  | 887 |  | 303,430 |  |

| NET BOOK VALUE

| At 31 December 2025 | 486,916 |  | - |  | 160,547 |  | 1,932 |  | 649,395 |  |

| At 31 December 2024 | 359,704 |  | 3,673 |  | 54,089 |  | 59 |  | 417,525 |  |

5. | DEBTORS

| 31.12.25 |  | 31.12.24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 780,115 |  | - |  |

| Amounts owed by associates | 178,490 |  | - |  |

| Other debtors | 597,798 |  | 872,979 |  |

1,556,403 |  | 872,979 |  |

| Amounts falling due after more than one year:

| Other debtors | 2,080 |  | 2,440 |  |

| Aggregate amounts | 1,558,483 |  | 875,419 |  |

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans and overdrafts | 4,167 |  | 10,000 |  |

| Hire purchase contracts | 205,221 |  | 105,506 |  |

| Trade creditors | 885,177 |  | 499,787 |  |

| Taxation and social security | 335,188 |  | 141,176 |  |

| Other creditors | 67,740 |  | 80,549 |  |

1,497,493 |  | 837,018 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans | - |  | 4,167 |  |

| Hire purchase contracts | 321,414 |  | 177,008 |  |

321,414 |  | 181,175 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the year ended 31 December 2025 and the period ended 31 December 2024:

| 31.12.25 |  | 31.12.24

£ | £ |

| P J Armitage

| Balance outstanding at start of year | (9,753 | ) | - |  |

| Amounts advanced | 16,132 |  | - |  |

| Amounts repaid | - |  | (9,753 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 6,379 |  | (9,753 | ) |

| Mrs P Daly

| Balance outstanding at start of year | (3,100 | ) | - |  |

| Amounts advanced | 20,000 |  | - |  |

| Amounts repaid | - |  | (3,100 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 16,900 |  | (3,100 | ) |

Equus Works Limited (Registered number: 09417568)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

| H A Daly

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 331,404 |  | - |  |

| Amounts repaid | (311,242 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 20,162 |  | - |  |

| Included in other debtors are amounts owed by the directors of:

| Peter Armitage - £6,379 (2024 - £9,753 in credit). During the year advances of £16,132 and repayments of £NIL were made.

| Paula Daly - £16900 (2024 - £3,100 in credit). During the year advances of £20,000 and repayments of £NIL were made.

| Hugh Daly - £20,162 (2024 - £NIL). During the year advances of £331,404 and repayments of £311,242 were made.

| The loans are interest-free, unsecured, and repayable on demand.

| The loans will be repaid in full by 29th May 2026.

10. | RELATED PARTY DISCLOSURES

| The following loan was outstanding at the balance sheet date with related parties under common control of Mr Hugh Daly:

| Equus Works Design Ltd: As at 31st December 2025, £178,490.15 was outstanding to Equus Works Ltd (2024 £NIL)

| The loan is interest-free, unsecured, and repayable on demand.