ACCOUNTS - Final Accounts preparation

Registered number: 05140181

SQUARE FEET PROPERTIES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2025

SQUARE FEET PROPERTIES LTD

REGISTERED NUMBER: 05140181

BALANCE SHEET

AS AT 31 MAY 2025

		2025		2024
Note		£		£

Fixed assets
Investments	3		50,000		50,000
			50,000		50,000
Current assets
Cash at bank and in hand	4	22,260		22,260
		22,260		22,260
Creditors: amounts falling due within one year	5	(67,114)		(67,114)
Net current liabilities			(44,854)		(44,854)
Total assets less current liabilities			5,146		5,146
Creditors: amounts falling due after more than one year			(20,000)		(20,000)

Net liabilities			(14,854)		(14,854)

Capital and reserves
Called up share capital	10	10
Profit and loss account	(14,864)	(14,864)
	(14,854)	(14,854)

For the year ended 31 May 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2026.

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SQUARE FEET PROPERTIES LTD

REGISTERED NUMBER: 05140181

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2025

Arshad Hussain

Director

The notes on pages 3 to 4 form part of these financial statements.

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SQUARE FEET PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Square Feet Properties Ltd is a company domiciled in England & Wales, registration number 05140181. The registered office is 6a Back Grantley Street, Wakefield, WF1 4LG.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Fixed asset investments

		Other fixed asset investments
		£
	Cost or valuation
	At 1 June 2024	50,000
	At 31 May 2025	50,000

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SQUARE FEET PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

4.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	22,260	22,260
	22,260	22,260

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	618	618
Other creditors	63,990	63,990
Accruals and deferred income	2,506	2,506
	67,114	67,114

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other creditors	20,000	20,000
	20,000	20,000

7.	Related party transactions
	At the balance sheet date the company owes £10,000 (2024: £10,000) to Crown Estate Agents Ltd and £10,000 (2024: £10,000) to Castle Dwellings Ltd. The director Mr Arshad Hussain is also a director of these other companies. The amounts are included in creditors due after more than one year.

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