| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| FOR |
| SQUAREGO LTD |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| SQUAREGO LTD (REGISTERED NUMBER: 12467325) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| 1. | STATUTORY INFORMATION |
| SquareGo Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| 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 |
| 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 |
| Depreciation |
| At 1 March 2024 |
| Charge for year |
| At 28 February 2025 |
| Net book value |
| At 28 February 2025 |
| At 29 February 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| VAT |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Directors' current accounts | 46 | 46 |
| Accruals and deferred income |
| 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). |