Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312No description of principal activity2023-04-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13174534 2023-04-01 2024-03-31 13174534 2022-04-01 2023-03-31 13174534 2024-03-31 13174534 2023-03-31 13174534 c:Director1 2023-04-01 2024-03-31 13174534 d:ComputerSoftware 2024-03-31 13174534 d:ComputerSoftware 2023-03-31 13174534 d:CurrentFinancialInstruments 2024-03-31 13174534 d:CurrentFinancialInstruments 2023-03-31 13174534 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13174534 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13174534 d:ShareCapital 2024-03-31 13174534 d:ShareCapital 2023-03-31 13174534 d:RetainedEarningsAccumulatedLosses 2024-03-31 13174534 d:RetainedEarningsAccumulatedLosses 2023-03-31 13174534 c:FRS102 2023-04-01 2024-03-31 13174534 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13174534 c:FullAccounts 2023-04-01 2024-03-31 13174534 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13174534 2 2023-04-01 2024-03-31 13174534 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13174534









HEAD SQUARED LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
HEAD SQUARED LIMITED
REGISTERED NUMBER: 13174534

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
4,000
4,000

  
4,000
4,000

Current assets
  

Debtors: amounts falling due within one year
 5 
1,033,608
413,341

Cash at bank and in hand
 6 
14,581
6,756

  
1,048,189
420,097

Creditors: amounts falling due within one year
 7 
(1,045,690)
(425,934)

Net current assets/(liabilities)
  
 
 
2,499
 
 
(5,837)

Total assets less current liabilities
  
6,499
(1,837)

  

Net assets/(liabilities)
  
6,499
(1,837)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
6,399
(1,937)

  
6,499
(1,837)


Page 1

 
HEAD SQUARED LIMITED
REGISTERED NUMBER: 13174534
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 November 2024.




J Cole
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
HEAD SQUARED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The entity is a private company, limited by shares and incorporated in England and Wales. The address of the registered office is 101 New Cavendish Street, First Floor South, London, W1W 6XH. 
The financial statements are presented in Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
HEAD SQUARED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Crypto Currency

£



Cost


At 1 April 2023
4,000



At 31 March 2024

4,000






Net book value



At 31 March 2024
4,000



At 31 March 2023
4,000




5.


Debtors

2024
2023
£
£


Loans to customers
1,033,608
413,341

1,033,608
413,341



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
14,581
6,756

14,581
6,756


Page 4

 
HEAD SQUARED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,501
-

Other creditors
1,042,000
424,500

Accruals and deferred income
2,189
1,434

1,045,690
425,934


 
Page 5