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Company Registration No. 11110007 (England and Wales)
SQUARES DEVELOPMENTS LTD Unaudited accounts for the year ended 31 October 2023
SQUARES DEVELOPMENTS LTD Unaudited accounts Contents
Page
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SQUARES DEVELOPMENTS LTD Company Information for the year ended 31 October 2023
Director
Alaa Wail Yacoub AL- ALEM
Company Number
11110007 (England and Wales)
Registered Office
254 GOLDHAWK ROAD LONDON W12 9PE ENGLAND
Accountants
Samir and Co 254 Goldhawk Road London W12 9PE
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SQUARES DEVELOPMENTS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,737 
10,820 
Current assets
Debtors
2,793 
1,946 
Cash at bank and in hand
1,827 
7,064 
4,620 
9,010 
Creditors: amounts falling due within one year
(5,130)
(6,750)
Net current (liabilities)/assets
(510)
2,260 
Total assets less current liabilities
9,227 
13,080 
Creditors: amounts falling due after more than one year
(15,728)
(19,975)
Net liabilities
(6,501)
(6,895)
Capital and reserves
Profit and loss account
(6,501)
(6,895)
Shareholders' funds
(6,501)
(6,895)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
Alaa Wail Yacoub AL- ALEM Director Company Registration No. 11110007
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SQUARES DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
SQUARES DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11110007. The registered office is 254 GOLDHAWK ROAD, LONDON, W12 9PE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
11,300 
1,540 
12,840 
At 31 October 2023
11,300 
1,540 
12,840 
Depreciation
At 1 November 2022
1,589 
431 
2,020 
Charge for the year
972 
111 
1,083 
At 31 October 2023
2,561 
542 
3,103 
Net book value
At 31 October 2023
8,739 
998 
9,737 
At 31 October 2022
9,711 
1,109 
10,820 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
443 
- 
Trade debtors
2,350 
- 
Accrued income and prepayments
- 
1,946 
2,793 
1,946 
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SQUARES DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
1,115 
Trade creditors
845 
5,151 
Taxes and social security
137 
164 
Other creditors
150 
350 
Loans from directors
3,998 
(30)
5,130 
6,750 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,728 
19,975 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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