Accounts Submission


EQUATOR VENTURES LIMITED

Company Registration Number:
SC490682 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 01 December 2020

End date: 30 November 2021

EQUATOR VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2021

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

EQUATOR VENTURES LIMITED

Company Information

for the Period Ended 30 November 2021




Director: John McLeish
Jamie Jefferson
Garry Hamilton
Registered office: 58
Elliot Street
Glasgow
G3 8DZ
Company Registration Number: SC490682 (Scotland)

EQUATOR VENTURES LIMITED

Balance sheet

As at 30 November 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 2,162,500 2,162,500
Total fixed assets: 2,162,500 2,162,500
Current assets
Debtors: 5 176,773 231,793
Cash at bank and in hand: 63,919 42,336
Total current assets: 240,692 274,129
Creditors: amounts falling due within one year: 6 ( 233,836 ) ( 112,943 )
Net current assets (liabilities): 6,856 161,186
Total assets less current liabilities: 2,169,356 2,323,686
Creditors: amounts falling due after more than one year: 7 ( 1,201,725 ) ( 1,309,725 )
Provision for liabilities: ( 30,260 ) ( 95,825 )
Total net assets (liabilities): 937,371 918,136

The notes form part of these financial statements

EQUATOR VENTURES LIMITED

Balance sheet continued

As at 30 November 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 937,351 918,116
Shareholders funds: 937,371 918,136

For the year ending 30 November 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 September 2022
And Signed On Behalf Of The Board By:

Name: John McLeish
Status: Director

The notes form part of these financial statements

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 3. Off balance sheet disclosure

    No

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 December 2020 2,162,500 2,162,500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2021 2,162,500 2,162,500
Depreciation
At 01 December 2020 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 November 2021 - -
Net book value
At 30 November 2021 2,162,500 2,162,500
At 30 November 2020 2,162,500 2,162,500

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Debtors


2021
£

2020
£
Trade debtors 54,960 109,980
Other debtors 121,813 121,813
Total 176,773 231,793

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Trade creditors 9,667 892
Taxation and social security 144,140 67,822
Accruals and deferred income 80,029 44,229
Total 233,836 112,943

EQUATOR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

7.Creditors: amounts falling due after more than one year


2021
£

2020
£
Bank loans and overdrafts 1,201,725 1,309,725
Total 1,201,725 1,309,725