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REGISTERED NUMBER: 13830524 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

SQUARE TWO CONSULTING LIMITED

SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SQUARE TWO CONSULTING LIMITED

COMPANY INFORMATION
for the Year Ended 31st January 2024







DIRECTOR: Mr A S Green





REGISTERED OFFICE: Rhadley House Arleston Manor Mews
Arleston
Telford
TF1 2HS





REGISTERED NUMBER: 13830524 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

BALANCE SHEET
31st January 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,762 1,735

CURRENT ASSETS
Debtors 5 11,679 42,796
Cash at bank 126,358 18,543
138,037 61,339
CREDITORS
Amounts falling due within one year 6 50,297 25,211
NET CURRENT ASSETS 87,740 36,128
TOTAL ASSETS LESS CURRENT LIABILITIES 89,502 37,863

PROVISIONS FOR LIABILITIES 7 335 330
NET ASSETS 89,167 37,533

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 89,067 37,433
SHAREHOLDERS' FUNDS 89,167 37,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

BALANCE SHEET - continued
31st January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th April 2024 and were signed by:





Mr A S Green - Director


SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024


1. STATUTORY INFORMATION

Square Two Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st February 2023 813 - 1,688 2,501
Additions - 490 639 1,129
At 31st January 2024 813 490 2,327 3,630
DEPRECIATION
At 1st February 2023 203 - 563 766
Charge for year 203 123 776 1,102
At 31st January 2024 406 123 1,339 1,868
NET BOOK VALUE
At 31st January 2024 407 367 988 1,762
At 31st January 2023 610 - 1,125 1,735

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade debtors 3,000 42,076
Other debtors 1 1
Directors' loan accounts 7,823 -
Prepayments 855 719
11,679 42,796

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade creditors 167 300
Tax 38,791 12,052
VAT 11,339 12,802
Directors' loan accounts - 57
50,297 25,211

7. PROVISIONS FOR LIABILITIES
31/1/24 31/1/23
£    £   
Deferred tax
Accelerated capital allowances 335 330

SQUARE TWO CONSULTING LIMITED (REGISTERED NUMBER: 13830524)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2024


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st February 2023 330
Provided during year 5
Balance at 31st January 2024 335

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/24 31/1/23
value: £    £   
90 Ordinary A £1 90 90
10 Ordinary B £1 10 10
100 100