EQUUS_MARKETING_LIMITED - Accounts

EQUUS MARKETING LIMITED - Company Information

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Company Registration No. 02695563 (England and Wales)

EQUUS MARKETING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

EQUUS MARKETING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

EQUUS MARKETING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

5,000

Tangible assets

105

5,001

105

Current assets

Debtors

2,566

917

2,566

917

Creditors: amounts falling due within one year

(21,984)

(14,922)

Net current liabilities

(19,418)

(14,005)

Total assets less current liabilities

(14,417)

(13,900)

Capital and reserves

Called up share capital

Profit and loss account

(14,419)

(13,902)

Shareholders' funds

(14,417)

(13,900)

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 December 2015

Mr David Oxley

Director

Company Registration No. 02695563

EQUUS MARKETING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

At the balance sheet date, the total liabilities exceeded the total assets by £14,417 (2014 - £13,900). The director is of the opinion that he intends to assist and meet the company's day to day working capital requirements when necessary and offer his continued support. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

20% per annum straight line

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2014

9,178

Additions

5,000

At 31 March 2015

5,000

9,178

14,178

Depreciation

At 1 April 2014

9,073

Charge for the year

104

At 31 March 2015

9,177

Net book value

At 31 March 2015

5,000

5,001

At 31 March 2014

105

EQUUS MARKETING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

2 of £1 each

Ultimate parent company

During the current and previous financial year the company was under the joint control of Mr D Oxley and Mr T Veluppillai. Mr D Oxley also is a director of the company..