SQUIRES MK LTD

Company Registration Number:
11802344 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

SQUIRES MK LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SQUIRES MK LTD

Company Information

for the Period Ended 28 February 2023




Registered office: 15
Unit 21b Lloyds Court
15 North 10th Street
Milton Keynes
Bucks
England
MK9 3EL
Company Registration Number: 11802344 (England and Wales)

SQUIRES MK LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 44,227 49,073
Cost of sales ( 1,317 ) ( 2,337 )
Gross Profit or (Loss) 42,910 57,465
Income from coronavirus (COVID-19) business support grants 0 10,729
Administrative Expenses ( 42,715 ) ( 63,970 )
Other operating income - 4,057
Operating Profit or (Loss) 195 ( 2,448 )
Profit or (Loss) Before Tax 195 ( 2,448 )
Profit or (Loss) for Period 195 ( 2,448 )

The notes form part of these financial statements

SQUIRES MK LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 7,800 7,800
Tangible assets: 5 27,244 27,244
Total fixed assets: 35,044 35,044
Current assets
Cash at bank and in hand: 1,853 3,704
Total current assets: 1,853 3,704
Creditors: amounts falling due within one year: 6 ( 8,023 ) ( 2,688 )
Net current assets (liabilities): ( 6,170 ) 1,016
Total assets less current liabilities: 28,874 36,060
Creditors: amounts falling due after more than one year: 7 ( 35,230 ) ( 37,719 )
Total net assets (liabilities): ( 6,356 ) ( 1,659 )

The notes form part of these financial statements

SQUIRES MK LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 6,358 ) ( 1,661 )
Shareholders funds: ( 6,356 ) ( 1,659 )

For the year ending 28 February 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: James Roberts
Status: Director

The notes form part of these financial statements

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 March 2022 7,800 7,800
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 7,800 7,800
Amortisation
Amortisation at 01 March 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 28 February 2023 - -
Net book value
Net book value at 28 February 2023 7,800 7,800
Net book value at 28 February 2022 7,800 7,800

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 March 2022 18,970 8,274 27,244
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 28 February 2023 18,970 8,274 27,244
Depreciation
At 01 March 2022 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 28 February 2023 - - -
Net book value
At 28 February 2023 18,970 8,274 27,244
At 28 February 2022 18,970 8,274 27,244

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 8,023 2,688
Total 8,023 2,688

SQUIRES MK LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 15,230 17,719
Other creditors 20,000 20,000
Total 35,230 37,719