1 November 2023 false No description of principal activity Taxfiler 2024.6.1 11005002business:PrivateLimitedCompanyLtd2023-11-012024-10-31 110050022023-10-31 110050022023-11-012024-10-31 11005002business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 11005002business:FilletedAccounts2023-11-012024-10-31 110050022024-10-31 110050022023-10-31 11005002core:WithinOneYear2024-10-31 11005002core:WithinOneYear2023-10-31 11005002core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 11005002core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 11005002core:SharePremiumcore:PreviouslyStatedAmount2024-10-31 11005002core:SharePremiumcore:PreviouslyStatedAmount2023-10-31 11005002core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 11005002core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 11005002core:PreviouslyStatedAmount2024-10-31 11005002core:PreviouslyStatedAmount2023-10-31 11005002business:SmallEntities2023-11-012024-10-31 11005002business:Director52023-11-012024-10-31 11005002countries:EnglandWales2023-11-012024-10-31 11005002business:RegisteredOffice2023-11-012024-10-31 11005002core:ComputerEquipment2023-11-012024-10-31 11005002core:ComputerEquipment2023-10-31 11005002core:ComputerEquipment2024-10-31 110050022022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 11005002 (England and Wales)
SQUAREFOOT CAPITAL LTD Unaudited accounts for the year ended 31 October 2024
SQUAREFOOT CAPITAL LTD Unaudited accounts Contents
Page
- 2 -
SQUAREFOOT CAPITAL LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,810 
3,844 
Current assets
Debtors
129,076 
25,804 
Cash at bank and in hand
- 
27,131 
129,076 
52,935 
Creditors: amounts falling due within one year
(336,870)
(341,218)
Net current liabilities
(207,794)
(288,283)
Total assets less current liabilities
(205,984)
(284,439)
Provisions for liabilities
Deferred tax
(730)
(730)
Net liabilities
(206,714)
(285,169)
Capital and reserves
Called up share capital
129 
129 
Share premium
729,971 
729,971 
Profit and loss account
(936,814)
(1,015,269)
Shareholders' funds
(206,714)
(285,169)
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by
Thomas Wolfe Director Company Registration No. 11005002
- 3 -
SQUAREFOOT CAPITAL LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
SQUAREFOOT CAPITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11005002. The registered office is WEWORK, YORK ROAD, LONDON, SE1 7ND, 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
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
13,130 
Additions
1,166 
At 31 October 2024
14,296 
Depreciation
At 1 November 2023
9,286 
Charge for the year
3,200 
At 31 October 2024
12,486 
Net book value
At 31 October 2024
1,810 
At 31 October 2023
3,844 
- 4 -
SQUAREFOOT CAPITAL LTD Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,501 
3,540 
Trade debtors
100,305 
21,452 
Accrued income and prepayments
16,470 
812 
Other debtors
4,800 
- 
129,076 
25,804 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
106,314 
106,300 
Trade creditors
183,141 
142,176 
Taxes and social security
13,742 
64,657 
Other creditors
13,439 
8,144 
Loans from directors
17,284 
17,631 
Accruals
2,950 
2,310 
336,870 
341,218 
7
Average number of employees
During the year the average number of employees was 2 (2023: 7).
- 5 -