Company Registration No. 08686975 (England and Wales)
SQ Trading (UK) Ltd
Unaudited accounts
for the year ended 31 August 2024
SQ Trading (UK) Ltd
Unaudited accounts
Contents
SQ Trading (UK) Ltd
Company Information
for the year ended 31 August 2024
Company Number
08686975 (England and Wales)
Registered Office
11 Pollen Close
Sale
M33 3LS
England
SQ Trading (UK) Ltd
Accountants' report
Accountants' report to the director of SQ Trading (UK) Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SQ Trading (UK) Ltd for the year ended
31 August 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SQ Trading (UK) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SQ Trading (UK) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SQ Trading (UK) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SQ Trading (UK) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SQ Trading (UK) Ltd. You consider that SQ Trading (UK) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SQ Trading (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQ Trading (UK) Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
129
129
Creditors: amounts falling due within one year
(65,637)
(65,637)
Net current liabilities
(65,508)
(65,508)
Net liabilities
(65,508)
(65,508)
Called up share capital
10
10
Profit and loss account
(65,518)
(65,518)
Shareholders' funds
(65,508)
(65,508)
For the year ending 31 August 2024 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 14 February 2025 and were signed on its behalf by
Mr M S Chughtai
Director
Company Registration No. 08686975
SQ Trading (UK) Ltd
Notes to the Accounts
for the year ended 31 August 2024
SQ Trading (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08686975. The registered office is 11 Pollen Close, Sale, M33 3LS, 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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 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.
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.
4
Creditors: amounts falling due within one year
2024
2023
Other creditors
65,637
65,637
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).