REGISTERED NUMBER: 07639403 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

SQUAREONE TRAINING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L M Johnson

Mr P K Johnson

Mr D McGinley

SECRETARY:

Mr P K Johnson

REGISTERED OFFICE:

Suite 305-306

Cotton Exchange Building

Bixteth Street

Liverpool

L3 9LQ

REGISTERED NUMBER:

07639403 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,261

14,309

5,261

14,309

CURRENT ASSETS

Debtors

6

39,705

29,976

Cash at bank and in hand

39,458

113,401

79,163

143,377

CREDITORS

Amounts falling due within one year

7

59,728

86,763

NET CURRENT ASSETS

19,435

56,614

TOTAL ASSETS LESS CURRENT LIABILITIES

24,696

70,923

CREDITORS

Amounts falling due after more than one year

8

24,251

29,251

NET ASSETS

445

41,672

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

345

41,572

SHAREHOLDERS' FUNDS

445

41,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mrs L M Johnson - Director

1.	STATUTORY INFORMATION

Squareone Training Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

No depreciation in year of acquisition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

100,000

AMORTISATION

At 1 November 2024

and 31 October 2025

100,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

52,969

Additions

2,960

At 31 October 2025

55,929

DEPRECIATION

At 1 November 2024

38,660

Charge for year

12,008

At 31 October 2025

50,668

NET BOOK VALUE

At 31 October 2025

5,261

At 31 October 2024

14,309

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

20,246

28,912

Other debtors

19,459

1,064

39,705

29,976

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

25,004

15,828

Taxation and social security

25,805

40,221

Other creditors

3,919

25,714

59,728

86,763

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

24,251

29,251

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,251

9,251

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 November 2024

41,572

Profit for the year

22,773

Dividends

(64,000

)

At 31 October 2025

345

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is amount totalling £1,492 (2024 - £773) relating to the directors loan account of Mrs L Johnson, director of the business.

Included in other debtors is amount totalling £9,172 (2024 other creditors - £96) relating to the directors loan account of Mr P K Johnson, director of the business.

Included in other debtors is amount totalling £9,223 (2024 other creditors - £147) relating to the directors loan account of Mr D McGinley, director of the business.

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £64,000 were paid to the directors .

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be Mrs L Johnson by way of her greater shareholding.