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REGISTERED NUMBER: 12467325 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

SQUAREGO LTD

SQUAREGO LTD (REGISTERED NUMBER: 12467325)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SQUAREGO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: J J Dowie
G E Pates
L Pates





REGISTERED OFFICE: Lingarsar Holme Close
Eccleston Park
Prescot
L34 2QR





REGISTERED NUMBER: 12467325 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
3rd Floor
St George's House
56 Peter Street
Manchester
M2 3NQ

SQUAREGO LTD (REGISTERED NUMBER: 12467325)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 406 563

CURRENT ASSETS
Debtors 5 560 543
Cash at bank 83 436
643 979
CREDITORS
Amounts falling due within one year 6 5,934 5,113
NET CURRENT LIABILITIES (5,291 ) (4,134 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,885 ) (3,571 )

PROVISIONS FOR LIABILITIES 102 141
NET LIABILITIES (4,987 ) (3,712 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (4,988 ) (3,713 )
(4,987 ) (3,712 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 1 August 2025 and were signed on its behalf by:





G E Pates - Director


SQUAREGO LTD (REGISTERED NUMBER: 12467325)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

SquareGo 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.

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
Turnover 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Going concern
At the time of approval of the financial statements, there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director confirmed that the company has the ability to meet its net liabilities with continued support from its related parties. Thus, the financial statements are prepared on a going concern basis.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

SQUAREGO LTD (REGISTERED NUMBER: 12467325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
Cost
At 1 March 2024
and 28 February 2025 629
Depreciation
At 1 March 2024 66
Charge for year 157
At 28 February 2025 223
Net book value
At 28 February 2025 406
At 29 February 2024 563

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
VAT 560 543

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,399 2,943
Directors' current accounts 46 46
Accruals and deferred income 2,489 2,124
5,934 5,113

7. RELATED PARTY TRANSACTIONS

During the year, Squarego Limited entered into transactions with Prodtrac Limited, a related party in which Mr G Pates is a common director and shareholder. Prodtrac Limited charged Squarego Limited a total of £49,475 (2024 - £22,700) for reporting services. SquareGo Limited charged Prodtrac Limited a total of £21,460 (2024 - £358). Both amounts were paid in full at the balance sheet date and the company owed £nil (2024 - £nil).

During the year, Squarego Limited has not entered into transactions with CI Hub Limited, a related party in which Mr G Pates is a common director and shareholder (2024 - £23,450 for reporting services). Squargo Limited owed £nil at the balance sheet date (2024 - £nil).

During the year, Squarego Limited had no transactions with LKP Consultants Limited, a related party in which Mrs L Pates is a common director and shareholder (2024 - £3,000 for consultancy services). Squargo Limited owed £nil at the balance sheet date (2024 - £nil).