Equiseat Aid Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13515881 (England and Wales)

Financial Statements for the Period 16 July 2021 to 31 July 2022

for

Equiseat Aid Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V J Dennis

Ms R M Schofield

REGISTERED OFFICE:

Home Farm Clifton Castle

Clifton

Ripon

North Yorkshire

HG4 4AB

REGISTERED NUMBER:

13515881 (England and Wales)

ACCOUNTANTS:

Chrichard & Co

23 Woodland Road

Darlington

Co. Durham

DL3 7BJ

FIXED ASSETS

Intangible assets

4

3,587

Tangible assets

5

127

3,714

CURRENT ASSETS

Stocks

1,000

Debtors

100

Cash at bank

81

1,181

CREDITORS

Amounts falling due within one year

19,083

NET CURRENT LIABILITIES

(17,902

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,188

)

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

(14,288

)

SHAREHOLDERS' FUNDS

(14,188

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2022 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 31 July 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 13 April 2023 and were signed on its behalf by:

Ms R M Schofield - Director

Mrs V J Dennis - Director

1.	STATUTORY INFORMATION

Equiseat Aid Ltd 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of fifteen years.

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 etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

Additions

3,836

At 31 July 2022

3,836

AMORTISATION

Amortisation for period

249

At 31 July 2022

249

NET BOOK VALUE

At 31 July 2022

3,587

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

149

At 31 July 2022

149

DEPRECIATION

Charge for period

22

At 31 July 2022

22

NET BOOK VALUE

At 31 July 2022

127

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1.00

100

100 Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the period.