Company Registration No. 11419214 (England and Wales)
Squidsoup Limited
Unaudited accounts
for the year ended 30 June 2024
Squidsoup Limited
Unaudited accounts
Contents
Squidsoup Limited
Company Information
for the year ended 30 June 2024
Directors
Anthony Rowe
Liam Birtles
Company Number
11419214 (England and Wales)
Registered Office
SPRING COTTAGE PANCAKE HILL
CHEDWORTH
CHELTENHAM
GLOUCESTERSHIRE
GL54 4AW
UNITED KINGDOM
Accountants
Swell Consultants
Underhill
Dartmouth Road
Stoke Fleming
Devon
TQ6 0QY
Squidsoup Limited
Statement of financial position
as at 30 June 2024
Intangible assets
6,185
3,056
Tangible assets
338,123
238,239
Cash at bank and in hand
262,228
281,896
Creditors: amounts falling due within one year
(94,586)
(145,082)
Net current assets
235,238
298,144
Total assets less current liabilities
579,546
539,439
Creditors: amounts falling due after more than one year
(36,182)
(52,167)
Provisions for liabilities
Deferred tax
(31,456)
(31,456)
Other provisions
(20,932)
(20,932)
Net assets
490,976
434,884
Squidsoup Limited
Statement of financial position
as at 30 June 2024 (continued)
Called up share capital
100
100
Profit and loss account
490,876
434,784
Shareholders' funds
490,976
434,884
For the year ending 30 June 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 27 January 2025 and were signed on its behalf by
Anthony Rowe
Director
Company Registration No. 11419214
Squidsoup Limited
Notes to the Accounts
for the year ended 30 June 2024
Squidsoup Limited is a private company, limited by shares, registered in England and Wales, registration number 11419214. The registered office is SPRING COTTAGE PANCAKE HILL, CHEDWORTH, CHELTENHAM, GLOUCESTERSHIRE, GL54 4AW, UNITED KINGDOM.
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:
Fixtures & fittings
4 years
Computer equipment
4 years
Other tangible fixed assets
4 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Squidsoup Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2023
2,868
315,442
71,532
4,527
35,431
429,800
Additions
-
139,863
32,673
1,541
3,863
177,940
At 30 June 2024
2,868
455,305
104,205
6,068
39,294
607,740
At 1 July 2023
1,338
121,904
41,828
1,950
24,541
191,561
Charge for the year
126
51,373
22,376
-
4,181
78,056
At 30 June 2024
1,464
173,277
64,204
1,950
28,722
269,617
At 30 June 2024
1,404
282,028
40,001
4,118
10,572
338,123
At 30 June 2023
1,530
193,538
29,704
2,577
10,890
238,239
Amounts falling due within one year
Trade debtors
26,962
124,226
Amounts due from group undertakings etc.
7,546
7,546
Accrued income and prepayments
25,504
21,974
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,024
42,766
Taxes and social security
15,056
26,550
Other creditors
8,089
3,743
Loans from directors
50,086
25,173
Deferred income
13,800
13,800
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 8 (2023: 6).