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REGISTERED NUMBER: NI642876 (Northern Ireland)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

UNOSQUARE LIMITED

UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 6


UNOSQUARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: I A Miranda Ceballos
G Di Vece Casir





SECRETARY: I A Miranda Ceballos





REGISTERED OFFICE: 17 Clarendon Road Clarendon Dock
Belfast
United Kingdom
BT1 3BG





REGISTERED NUMBER: NI642876 (Northern Ireland)





AUDITORS: Baker Tilly Mooney Moore
Statutory Auditors
17 Clarendon Road
Belfast
BT1 3BG

UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 550 550
Tangible assets 5 105,577 36,936
106,127 37,486

CURRENT ASSETS
Debtors 6 1,770,798 1,252,370
Cash at bank 149,214 447,353
1,920,012 1,699,723
CREDITORS
Amounts falling due within one year 7 165,601 244,402
NET CURRENT ASSETS 1,754,411 1,455,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,860,538

1,492,807

PROVISIONS FOR LIABILITIES 26,340 9,234
NET ASSETS 1,834,198 1,483,573

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,833,198 1,482,573
1,834,198 1,483,573

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 authorised for issue by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:





G Di Vece Casir - Director


UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Unosquare Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The address of the company's place of business is Level 10, Bedford House, 16 - 22 Bedford Street, Belfast, BT2 7FD.

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.

Significant judgements and estimates
The Directors consider there to be no significant judgements and estimations involved in the preparation of these 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Fixtures, fittings & equipment - 15% on cost
Computer equipment - 25% on cost

Financial instruments
All financial instruments of the company are considered to meet the definition of basic financial instruments.

- Short term debtors and creditors
Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

- Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.


UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 61 (2023 - 64 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 550
NET BOOK VALUE
At 31 December 2024 550
At 31 December 2023 550

UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings Computer
property & equipment equipment Totals
£    £    £    £   
COST
At 1 January 2024 36,532 99,123 153,405 289,060
Additions 73,465 - 30,419 103,884
Disposals (36,532 ) (99,123 ) - (135,655 )
At 31 December 2024 73,465 - 183,824 257,289
DEPRECIATION
At 1 January 2024 36,532 99,123 116,469 252,124
Charge for year 6,428 - 28,815 35,243
Eliminated on disposal (36,532 ) (99,123 ) - (135,655 )
At 31 December 2024 6,428 - 145,284 151,712
NET BOOK VALUE
At 31 December 2024 67,037 - 38,540 105,577
At 31 December 2023 - - 36,936 36,936

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 1,760,000 1,230,000
Prepayments 10,798 22,370
1,770,798 1,252,370

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 4,225 2,050
Tax 29,177 129,799
Social security and other taxes 88,315 75,826
VAT 8,246 2,190
Accruals and deferred income 16,582 17,255
Pension creditor 19,056 17,282
165,601 244,402

UNOSQUARE LIMITED (REGISTERED NUMBER: NI642876)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 39,375 -
Between one and five years 210,000 -
249,375 -

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Eimear Brown (Senior Statutory Auditor)
for and on behalf of Baker Tilly Mooney Moore

10. CONTINGENT LIABILITIES

The company has potential contingent liabilities to repay some of the government grants it received during the year if it does not fully meet the conditions of the grants.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Unosquare LLC, a company registered in the United States of America.