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REGISTERED NUMBER: 13987655 (England and Wales)










FINANCIAL STATEMENTS

FOR THE PERIOD

18 MARCH 2022 TO 31 DECEMBER 2022

FOR

CENTERSQUARE INVESTMENT ADVISORS UK LTD

CENTERSQUARE INVESTMENT ADVISORS UK LTD (REGISTERED NUMBER: 13987655)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 MARCH 2022 TO 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CENTERSQUARE INVESTMENT ADVISORS UK LTD

COMPANY INFORMATION
FOR THE PERIOD 18 MARCH 2022 TO 31 DECEMBER 2022







Director: Mr. M Goulding





Registered office: Suite 2
First Floor Templeback
10 Temple Back
Bristol
BS1 6FL





Registered number: 13987655 (England and Wales)





Auditors: Wellers
1 Vincent Square
London
SW1P 2PN

CENTERSQUARE INVESTMENT ADVISORS UK LTD (REGISTERED NUMBER: 13987655)

BALANCE SHEET
31 DECEMBER 2022

Notes £   
CURRENT ASSETS
Debtors 4 13,677
Cash at bank and in hand 83,431
97,108
CREDITORS
Amounts falling due within one year 5 (74,153 )
NET CURRENT ASSETS 22,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,955

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 22,954
22,955

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





Mr. M Goulding - Director


CENTERSQUARE INVESTMENT ADVISORS UK LTD (REGISTERED NUMBER: 13987655)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 MARCH 2022 TO 31 DECEMBER 2022

1. STATUTORY INFORMATION

Centersquare Investment Advisors UK Ltd is a private company, limited by shares, incorporated in England and Wales on 18 March 2022. These financial statements are for the period from incorporation to 31 December 2022.

The Company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts charged to the Company's parent under a sales and marketing agreement, excluding value added tax. Turnover is recognised when chargeable costs are incurred.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The financial statements have been prepared on the going concern basis. The directors have confirmed that the company is supported by the parent company and will continue its operation in the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

CENTERSQUARE INVESTMENT ADVISORS UK LTD (REGISTERED NUMBER: 13987655)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 18 MARCH 2022 TO 31 DECEMBER 2022

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Deferred Tax Asset 1,207
VAT 5,638
Prepayments 6,832
13,677

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 4,789
Amounts owed to group undertakings 48,787
Corporation Tax 6,592
Other creditors 6,352
Directors' loan accounts 133
Accrued expenses 7,500
74,153

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 45,067

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The auditors report on the financial statements for the year ended 31 December 2022 was unqualified.

The audit report was signed on 30 November 2023 by Mr James Tillotson (Senior Statutory Auditor) on behalf of Wellers.

8. RELATED PARTY DISCLOSURES

Included in creditors is amount owed to group undertakingsof £48,787 (owing to CenterSquare Investment Management LLC).

9. ULTIMATE CONTROLLING PARTY

Centersquare Investment Management LLC is regarded by the directors as being the Company's ultimate parent company.

The largest and smallest group in which results of the Company are consolidated is that headed by Centersquare Investment Management LLC, the registered once for Centersquare Investment Management LLC is 630 West Germantown Pike, Suite 300, Plymouth Meeting, Pennsylvania, 19462.