Company Registration No. 9047319 (England and Wales)
Squarecubed Ltd
Unaudited accounts
for the year ended 31 May 2017
Squarecubed Ltd
Unaudited accounts
Contents
Squarecubed Ltd
Company Information
for the year ended 31 May 2017
Directors
Michael Sullivan
Simon Cima
Company Number
9047319 (England and Wales)
Registered Office
19 Elmete Drive
Leeds
West Yorkshire
LS8 2LA
Accountants
Business Works UK Ltd
Upper Floor, 9 Fusion Court
Aberford Road
Leeds
West Yorkshire
LS25 2GH
Squarecubed Ltd
Statement of financial position
as at
31 May 2017
Cash at bank and in hand
15,578
11,891
Creditors: amounts falling due within one year
(16,467)
(16,539)
Net current assets
7,984
267
Called up share capital
100
100
Profit and loss account
7,884
167
Shareholders' funds
7,984
267
For the year ending 31 May 2017 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 directors acknowledge their 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.
Approved by the Board on 23 January 2018.
Simon Cima
Director
Company Registration No. 9047319
Squarecubed Ltd
Notes to the Accounts
for the year ended 31 May 2017
Squarecubed Ltd is a private company, limited by shares, registered in England and Wales, registration number 9047319. The registered office is 19 Elmete Drive, Leeds, West Yorkshire, LS8 2LA.
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.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Trade debtors
8,539
4,915
Accrued income and prepayments
334
-
5
Creditors: amounts falling due within one year
2017
2016
Trade creditors
2,723
2,513
Taxes and social security
11,306
11,570
Loans from directors
1,686
2,572
6
Average number of employees
During the year the average number of employees was 1 (2016: 1).