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Company Registration No. 14084346 (England and Wales)
SQUARE FLAG LIMITED Unaudited accounts for the year ended 31 May 2025
SQUARE FLAG LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SQUARE FLAG LIMITED Company Information for the year ended 31 May 2025
Director
Richard Anton Angstmann
Company Number
14084346 (England and Wales)
Registered Office
4 KING STREET SPENNYMOOR DL16 6QG ENGLAND
Accountants
Fresh Business Solutions Limited 4 King Street Spennymoor Durham DL16 6QG
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SQUARE FLAG LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,384
3,337
Current assets
Debtors
5
239
-
Cash at bank and in hand
1,945
(207)
2,184
(207)
Creditors: amounts falling due within one year
6
(35,664)
(26,875)
Net current liabilities
(33,480)
(27,082)
Net liabilities
(30,096)
(23,745)
Capital and reserves
Profit and loss account
(30,096)
(23,745)
Shareholders' funds
(30,096)
(23,745)
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 February 2026 and were signed on its behalf by
Richard Anton Angstmann Director Company Registration No. 14084346
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SQUARE FLAG LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
SQUARE FLAG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14084346. The registered office is 4 KING STREET, SPENNYMOOR, DL16 6QG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% RB
Computer equipment
15% RB
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
200
3,858
4,058
Additions
-
591
591
At 31 May 2025
200
4,449
4,649
Depreciation
At 1 June 2024
34
687
721
Charge for the year
16
528
544
At 31 May 2025
50
1,215
1,265
Net book value
At 31 May 2025
150
3,234
3,384
At 31 May 2024
166
3,171
3,337
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
239
-
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SQUARE FLAG LIMITED Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,627
6,025
Other creditors
21,371
13,161
Loans from directors
8,666
7,629
Deferred income
-
60
35,664
26,875
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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