Abbreviated Company Accounts - EQUAL IP LTD.

Registered Number 05035852

EQUAL IP LTD.

Abbreviated Accounts

31 March 2015

EQUAL IP LTD. Registered Number 05035852

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	4,719	4,719
		4,719	4,719
Current assets
Debtors		12,850	27,500
Cash at bank and in hand		24,175	22,399
		37,025	49,899
Prepayments and accrued income		27,086	15,576
Creditors: amounts falling due within one year		(26,387)	(21,017)
Net current assets (liabilities)		37,724	44,458
Total assets less current liabilities		42,443	49,177
Total net assets (liabilities)		42,443	49,177
Capital and reserves
Called up share capital		100	100
Profit and loss account		42,343	49,077
Shareholders' funds		42,443	49,177

For the year ending 31 March 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 December 2015

And signed on their behalf by:
R. Sengupta, Director

EQUAL IP LTD. Registered Number 05035852

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents fees charged during the year net of Value Added Tax.

2Fixed assets Investments
The investment is made in a private entity in Japan. The value is stated at the lower of cost and Net Realisable value.