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REGISTERED NUMBER: 09676635 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Square2circle Limited

Square2circle Limited (Registered number: 09676635)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Square2circle Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: C Righetti
Mrs C Roeller-Righetti





REGISTERED OFFICE: Oak Apple House
North Street
Milborne Port
Sherborne
Dorset
DT9 5EW





BUSINESS ADDRESS: 5 Hayeswood Farm
Farleigh Wick
Bradford on Avon
BA15 2PU





REGISTERED NUMBER: 09676635 (England and Wales)





ACCOUNTANTS: Silbury Accountants Limited
Chartered Accountants
Oak Apple House
North Street
Milborne Port
Sherborne
DT9 5EW

Square2circle Limited (Registered number: 09676635)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 738 486
Investments 5 248,579 248,381
249,317 248,867

CURRENT ASSETS
Debtors 6 57,806 83
Cash at bank and in hand 19,368 26,566
77,174 26,649
CREDITORS
Amounts falling due within one year 7 72,578 46,335
NET CURRENT ASSETS/(LIABILITIES) 4,596 (19,686 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,913

229,181

CREDITORS
Amounts falling due after more than one
year

8

(3,793

)

(10,170

)

PROVISIONS FOR LIABILITIES (195 ) (145 )
NET ASSETS 249,925 218,866

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 249,725 218,666
SHAREHOLDERS' FUNDS 249,925 218,866

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Square2circle Limited (Registered number: 09676635)

Statement of Financial Position - continued
30 November 2024


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 2 July 2025 and were signed on its behalf by:





C Righetti - Director


Square2circle Limited (Registered number: 09676635)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Square2circle Limited 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.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

Square2circle Limited (Registered number: 09676635)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2023 9,853
Additions 782
At 30 November 2024 10,635
DEPRECIATION
At 1 December 2023 9,367
Charge for year 530
At 30 November 2024 9,897
NET BOOK VALUE
At 30 November 2024 738
At 30 November 2023 486

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023 248,381
Additions 198
At 30 November 2024 248,579
NET BOOK VALUE
At 30 November 2024 248,579
At 30 November 2023 248,381

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 57,806 83

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 6,378 6,221
Taxation and social security 20,269 11,308
Other creditors 45,931 28,806
72,578 46,335

Square2circle Limited (Registered number: 09676635)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 3,793 10,170

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
200 Ordinary £1 200 200

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £48,000 (2023 - £72,000) were paid to the directors .