Registered number: 11754863

Squarecross Ltd
Unaudited Financial Statements
for the year ended 31 March 2025

Statement of Financial Position

as at 31 March 2025

  2025
2024
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  25,847  
 
  31,742  
Current assets  
32,267    
 
37,796    
Prepayments and accrued income  
647    
 
-    
Creditors: amounts falling due within one year  
( 50,117 )  
 
( 15,544 )  
Net current assets (liabilities)  
  ( 17,203 )
 
  22,252  
Total assets less current liabilities  
  8,644  
 
  53,994  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  -  
 
  -  
Net assets  
  8,644  
 
  53,994  
   
Capital and reserves  
  8,644  
 
  53,994  

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Footnotes to the Statement of Financial Position

Steven Liu Ting Zhang

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 2.

3. Directors’ benefits: advances, credit and guarantees

Steven Liu

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £49,910 by Steven Liu, a director of the company, on 19/08/2024.

During the accounting year the maximum amount repayable to Steven Liu was £49,996

The following conditions are attached to amount payable to Steven Liu:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/04/2024 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/03/2025
£ £ £ £ £ £ £
0   ( 5,150 )
( 5,150 )
55,060
55,060  
0 0 0 49,910  

Ting Zhang

During the accounting year Ting Zhang, a director of the company received an advance from the company that was repaid by 31/03/2025.

The following conditions are attached to advances payable by Ting Zhang:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid to the company.
Opening balance 01/04/2024 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/03/2025
£ £ £ £ £ £ £
0   ( 5,031 )
( 5,031 )
5,031
5,031  
0 0 0 0  

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/03/2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 11754863

c) The company is a private company and is limited by shares

d) The company's registered office address is 3rd Floor 86 - 90 Paul Street, London, EC2A 4NE, United Kingdom



Approved by the board of directors and signed on behalf of the board,

Squarecross Ltd
Director Steven Liu
Date of approval: 25/07/2025
The company was trading for the entire period 2024-04-01 2025-03-31 2025-03-31 Software Development 2025-07-25 2025-07-25