REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 30 September 2015 |
|
for |
|
EQUISOLVE LTD |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 30 September 2015 |
|
for |
|
EQUISOLVE LTD |
EQUISOLVE LTD (Registered number: 05448205) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Year Ended 30 September 2015 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 | to | 3 |
|
Notes to the Abbreviated Accounts | 4 | to | 5 |
EQUISOLVE LTD |
|
Company Information |
for the Year Ended 30 September 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Tax Advisers & Accountants |
|
|
|
|
EQUISOLVE LTD (Registered number: 05448205) |
|
Abbreviated Balance Sheet |
30 September 2015 |
|
30.9.15 | 30.9.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
Investments | 3 |
|
|
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
EQUISOLVE LTD (Registered number: 05448205) |
|
Abbreviated Balance Sheet - continued |
30 September 2015 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
EQUISOLVE LTD (Registered number: 05448205) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 30 September 2015 |
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Exemption from preparing a cash flow statement |
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from |
the requirement to prepare such a statement under Financial Reporting Standard 1 Cash Flow Statements/Financial |
Reporting Standard for Smaller Entities(effective April 2008). |
|
Turnover |
Turnover represents net invoiced sales of services, excluding Value Added Tax. |
|
Tangible fixed assets |
|
|
Furniture & fittings | - |
|
Office equipment | - |
|
|
Deferred tax |
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods |
different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing |
differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are |
expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not |
provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the |
asset. |
|
Pension costs and other post-retirement benefits |
Contributions in respect of the company's defined contribution pension scheme are charged to profit and loss account |
for the year in which they are payable to the scheme. Differences between contributions payable and contributions |
actually paid in the year are shown as either accruals or prepayments at the year end. |
|
Investment properties |
Freehold investment properties are stated at cost less provision, where necessary, for permanent diminution in value. |
This is not in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which |
requires investment properties to be stated at their open market value. No valuations have been carried out and |
accordingly it is not possible to quantify the effect on the net assets at the current or previous balance sheet date, or |
the effect on the total recognised gains and losses for the current or previous |
period. The departure has no effect on the profit or loss for the current or previous period. In accordance with FRSSE |
no depreciation is provided in respect of freehold investment properties. This is not in accordance with the Companies |
Act 2006 which requires tangible fixed assets to be depreciated over their estimated useful lives, and is necessary to |
show a true and fair view. Depreciation is only one of many factors reflected in the value of investment properties |
and the amount which might otherwise have been shown can not be separately identified or quantified. |
|
Investments |
Fixed asset investments are stated at cost less provision for any permanent diminution in value. For listed |
investments. Market value is based on the closing middle market price on a recognised stock exchange. |
EQUISOLVE LTD (Registered number: 05448205) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 September 2015 |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 October 2014 |
|
Additions |
|
At 30 September 2015 |
|
DEPRECIATION |
At 1 October 2014 |
|
Charge for year |
|
At 30 September 2015 |
|
NET BOOK VALUE |
At 30 September 2015 |
|
At 30 September 2014 |
|
|
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 October 2014 |
and 30 September 2015 | 6,991 |
NET BOOK VALUE |
At 30 September 2015 |
|
At 30 September 2014 |
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.15 | 30.9.14 |
value: | £ | £ |
|
Ordinary | £1.00 |
|
|
|
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
LOAN FROM DIRECTORS |
During the year, the company was provided with a loan in the sum of £224,766 (2014: £219,839) by Mr G Ancia and |
Mrs N Tran, the directors of the company. This loan is repayable on demand. |
|
6. | PENSION COMMITMENTS |
|
The company operates a defined contribution pension scheme on behalf of its directors and employees. The assets of |
the scheme are held separately from those of the company in a independently administered funds. The annual |
commitment under this scheme is for contributions of £Nil (2014: £4,000). |