Abbreviated Company Accounts - EQUAL IP LTD.

Abbreviated Company Accounts - EQUAL IP LTD.

EQUAL IP LTD. - Company Information

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Registered Number 05035852

EQUAL IP LTD.

Abbreviated Accounts

31 March 2014

EQUAL IP LTD. Registered Number 05035852

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Investments 2 4,719 4,719
4,719 4,719
Current assets
Debtors 27,500 66,487
Cash at bank and in hand 22,399 23,050
49,899 89,537
Prepayments and accrued income 15,576 1,256
Creditors: amounts falling due within one year - (26,867)
Net current assets (liabilities) 65,475 63,926
Total assets less current liabilities 70,194 68,645
Creditors: amounts falling due after more than one year (21,017) -
Total net assets (liabilities) 49,177 68,645
Capital and reserves
Called up share capital 100 100
Profit and loss account 49,077 68,545
Shareholders' funds 49,177 68,645
  • For the year ending 31 March 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 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 2014

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 2014

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 amounts charged and chargeable for fees in the year net of VAT.

2Fixed assets Investments
The amount represents the cost of investment made in a private entity in Japan.
The director is of the view that the value of the investment is stated appropriately at the lower of cost and net realisable value.