Equity Sales & Lettings Ltd - Period Ending 2014-11-30

EQUITY SALES AND LETTINGS LIMITED - Company Information

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Registration number: 07771542

Equity Sales & Lettings Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2014

Thomas Alexander & Co Ltd
590 Green Lanes
Palmers Green
London
N13 5RY

Equity Sales & Lettings Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Equity Sales & Lettings Ltd
for the Year Ended 30 November 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Equity Sales & Lettings Ltd for the year ended 30 November 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Equity Sales & Lettings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Equity Sales & Lettings Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Equity Sales & Lettings Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Equity Sales & Lettings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Equity Sales & Lettings Ltd. You consider that Equity Sales & Lettings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Equity Sales & Lettings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Thomas Alexander & Co Ltd
590 Green Lanes
Palmers Green
London
N13 5RY

19 August 2015

Page 1

Equity Sales & Lettings Ltd
(Registration number: 07771542)
Abbreviated Balance Sheet at 30 November 2014

	Note	30 November 2014 £	30 November 2013 £
Current assets
Debtors		36,639	5,000
Cash at bank and in hand		1,002	36,180
		37,641	41,180
Creditors: Amounts falling due within one year		(7,491)	(12,562)
Net assets		30,150	28,618
Capital and reserves
Called up share capital	2	100	1
Profit and loss account		30,050	28,617
Shareholders' funds		30,150	28,618

For the year ending 30 November 2014 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved by the director on 19 August 2015

.........................................
Mr Panny Ellinas
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Equity Sales & Lettings Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	30 November 2014			30 November 2013
		No.	£		No.	£
Ordinary Shares of £1 each		100	100		1	1

Page 3