REGISTERED NUMBER: 13987655 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CENTERSQUARE INVESTMENT ADVISORS UK LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Mr. M Goulding

Registered office:

Suite 2, First Floor

Templeback

10 Temple Back

Bristol

BS1 6FL

Registered number:

13987655 (England and Wales)

Auditors:

Wellers

1 Vincent Square

London

SW1P 2PN

CURRENT ASSETS

Debtors

4

835,815

83,916

Cash at bank and in hand

87,956

126,294

923,771

210,210

CREDITORS

Amounts falling due within one year

5

(618,279

)

(67,107

)

NET CURRENT ASSETS

305,492

143,103

TOTAL ASSETS LESS CURRENT LIABILITIES

305,492

143,103

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

305,491

143,102

305,492

143,103

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 director and authorised for issue on 22 September 2025 and were signed by:

Mr. M Goulding - Director

1.	STATUTORY INFORMATION

Centersquare Investment Advisors UK Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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 represents amounts charged to the company's parent under a sales and marketing agreement, excluding value added tax. Turnover is recognised when chargeable costs are incurred.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

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 Income statement 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 Income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

819,987

68,404

Other debtors

15,828

15,512

835,815

83,916

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

10,095

Taxation and social security

56,544

37,562

Other creditors

561,735

19,450

618,279

67,107

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

50,248

49,588

Between one and five years

33,499

8,265

83,747

57,853

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

The auditors report on the financial statements for the year ended 31 December was unqualified.

The audit report was signed on 22 September 2025 by Mr James Tillotson (Senior Statutory Auditor) on behalf of Wellers.

8.	RELATED PARTY DISCLOSURES

Included in debtors is the amount owed by the group undertaking (CenterSquare Investment Management LLC) of £819,987 (2023: £68,404)

9.	ULTIMATE CONTROLLING PARTY

Centersquare Investment Management LLC is regarded by the director as being the company's ultimate parent company.

The largest and smallest group in which results of the company are consolidated is that headed by Centersquare Investment Management LLC with the registered office for Centersquare Investment Management LLC at 630 West Germantown Pike, Suite 300, Plymouth Meeting, Pennsylvania, 19462, USA.