Company Registration No. 09595807 (England and Wales)
SQUARECHERRIES LTD
Unaudited accounts
for the year ended 31 May 2024
SQUARECHERRIES LTD
Statement of financial position
as at 31 May 2024
Called up share capital not paid
1
1
Tangible assets
10,492
6,906
Cash at bank and in hand
184,291
112,836
Creditors: amounts falling due within one year
(40,100)
(25,037)
Net current assets
144,191
87,799
Total assets less current liabilities
154,684
94,706
Provisions for liabilities
Deferred tax
(2,623)
(1,726)
Called up share capital
1
1
Profit and loss account
152,060
92,979
Shareholders' funds
152,061
92,980
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 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 August 2024 and were signed on its behalf by
DUNCAN BOTTRILL
Director
Company Registration No. 09595807
SQUARECHERRIES LTD
Notes to the Accounts
for the year ended 31 May 2024
SQUARECHERRIES LTD is a private company, limited by shares, registered in England and Wales, registration number 09595807. The registered office is WOODSIDE, 1 GILLING CLOSE, RICHMOND, NORTH YORKSHIRE, DL10 5AY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
-
12,073
12,073
At 31 May 2024
7,083
12,073
19,156
At 1 June 2023
-
5,167
5,167
Charge for the year
1,771
1,726
3,497
At 31 May 2024
1,771
6,893
8,664
At 31 May 2024
5,312
5,180
10,492
At 31 May 2023
-
6,906
6,906
SQUARECHERRIES LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
28,550
17,792
Loans from directors
736
1,248
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).