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REGISTERED NUMBER: 11848810 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

SQUARE PEG HOLDINGS LTD

SQUARE PEG HOLDINGS LTD (REGISTERED NUMBER: 11848810)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SQUARE PEG HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: T C Chaston
A L O'Keeffe





REGISTERED OFFICE: 1st Floor Unit 5 Stirling Road
South Marston Industrial Estate
Swindon
SN3 4YH





REGISTERED NUMBER: 11848810 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

SQUARE PEG HOLDINGS LTD (REGISTERED NUMBER: 11848810)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,658,276 1,658,276

CURRENT ASSETS
Debtors 5 84,455 45,854
Cash at bank 303,595 453,839
388,050 499,693
CREDITORS
Amounts falling due within one year 6 35 70,905
NET CURRENT ASSETS 388,015 428,788
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,046,291

2,087,064

CAPITAL AND RESERVES
Called up share capital 186 186
Share premium 1,769,783 1,769,783
Retained earnings 276,322 317,095
2,046,291 2,087,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:



A L O'Keeffe - Director



T C Chaston - Director


SQUARE PEG HOLDINGS LTD (REGISTERED NUMBER: 11848810)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Square Peg Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Square Peg Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less accumulated impairment.

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the
conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost
using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SQUARE PEG HOLDINGS LTD (REGISTERED NUMBER: 11848810)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 1,658,276
NET BOOK VALUE
At 30 June 2024 1,658,276
At 30 June 2023 1,658,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 81,821 42,494
Directors' loan accounts 230 -
Prepayments and accrued income 2,404 3,360
84,455 45,854

SQUARE PEG HOLDINGS LTD (REGISTERED NUMBER: 11848810)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,279
Amounts owed to group undertakings - 27,886
Other creditors 35 10,835
Directors' loan accounts - 29,414
Accruals and deferred income - 1,491
35 70,905

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
T C Chaston
Balance outstanding at start of year (14,707 ) 411
Amounts advanced 14,822 -
Amounts repaid - (15,118 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 115 (14,707 )

A L O'Keeffe
Balance outstanding at start of year (14,707 ) 672
Amounts advanced 14,822 -
Amounts repaid - (15,379 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 115 (14,707 )

The directors' loan accounts are repayable on demand and do not attract interest.