Abbreviated Company Accounts - EQUAL IP LTD.

Registered Number 05035852

EQUAL IP LTD.

Abbreviated Accounts

31 March 2016

EQUAL IP LTD. Registered Number 05035852

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	-
Investments	3	-	4,719
		-	4,719
Current assets
Debtors		67,882	12,850
Cash at bank and in hand		83,105	24,175
		150,987	37,025
Prepayments and accrued income		29,900	27,086
Creditors: amounts falling due within one year		(47,105)	(26,387)
Net current assets (liabilities)		133,782	37,724
Total assets less current liabilities		133,782	42,443
Total net assets (liabilities)		133,782	42,443
Capital and reserves
Called up share capital		100	100
Profit and loss account		133,682	42,343
Shareholders' funds		133,782	42,443

For the year ending 31 March 2016 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 29 December 2016

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 2016

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 January 2015.

Turnover policy
Turnover represents fees charged during the year net of VAT

Tangible assets depreciation policy
Fixed assets are stated at the lower of cost and net realisable values. Depreciation and amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives.

All assets have currently been fully written off.

2Tangible fixed assets

	£
Cost
At 1 April 2015	2,438
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,438
Depreciation
At 1 April 2015	2,438
Charge for the year	-
On disposals	-
At 31 March 2016	2,438
Net book values
At 31 March 2016	0
At 31 March 2015	0

3Fixed assets Investments
The amount represents the cost of investment in a private entity in Japan.

The investment has been realised in full in the current year.