24SQ LIMITED

Company Registration Number:
05538959 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

24SQ LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

24SQ LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Laura Mtaini
Registered office: 24sq Limited
3rd Floor
86-90 Paul Street
London
EC2A 4NE
Company Registration Number: 05538959 (England and Wales)

24SQ LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 338,439 380,478
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 273,058 ) ( 361,985 )
Operating Profit or (Loss) 65,381 18,493
Interest Receivable and Similar Income 760 252
Interest Payable and Similar Charges ( 0 ) 330
Profit or (Loss) Before Tax 66,141 19,075
Tax on Profit ( 17,488 ) ( 5,971 )
Profit or (Loss) for Period 48,653 13,104

The notes form part of these financial statements

24SQ LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 854
Tangible assets: 5 3,139 4,185
Total fixed assets: 3,139 5,039
Current assets
Stocks: 0 0
Debtors: 177,678 162,297
Cash at bank and in hand: 159,696 160,933
Total current assets: 337,374 323,230
Prepayments and accrued income: 1,500 1,500
Creditors: amounts falling due within one year: ( 129,777 ) ( 153,098 )
Net current assets (liabilities): 209,097 171,632
Total assets less current liabilities: 212,236 176,671
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 212,236 176,671

The notes form part of these financial statements

24SQ LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 0 0
Profit and loss account: 212,136 176,571
Shareholders funds: 212,236 176,671

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 May 2025
And Signed On Behalf Of The Board By:

Name: Laura Mtaini
Status: Director

The notes form part of these financial statements

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 4

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 September 2023 5,322
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 August 2024 5,322
    Amortisation
    Amortisation at 01 September 2023 4,468
    Charge for year 854
    On disposals -
    Other adjustments -
    Amortisation at 31 August 2024 5,322
    Net book value
    Net book value at 31 August 2024 0
    Net book value at 31 August 2023 854

    NA

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Tangible Assets

Total
Cost £
At 01 September 2023 60,411
Additions 0
Disposals (0)
Revaluations 0
Transfers -
At 31 August 2024 60,411
Depreciation
At 01 September 2023 56,226
Charge for year 1,046
On disposals -
Other adjustments -
At 31 August 2024 57,272
Net book value
At 31 August 2024 3,139
At 31 August 2023 4,185

24SQ LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Revaluation reserve


2024
£
Balance at 01 September 2023 0
Surplus or deficit after revaluation 0
Balance at 31 August 2024 0