SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED - Company Information

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SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Company Registration Number:
07823117 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 25,219 18,073
Total fixed assets: 25,219 18,073
Current assets
Stocks: 21,250 18,500
Debtors:   533,722 361,903
Cash at bank and in hand: 13,515 6,995
Total current assets: 568,487 387,398
Creditors: amounts falling due within one year:   (466,087) (376,717)
Net current assets (liabilities): 102,400 10,681
Total assets less current liabilities: 127,619 28,754
Creditors: amounts falling due after more than one year:   (97,242) 0
Total net assets (liabilities): 30,377 28,754
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 30,177 28,554
Shareholders funds: 30,377 28,754

The notes form part of these financial statements

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 January 2021
and signed on behalf of the board by:

Name: F. Gale
Status: Director

The notes form part of these financial statements

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives : Motor Vehicles 25% Reducing balance basis Fixtures and Fittings 25% Reducing balance basis Computer Equipment 25% Reducing balance basis

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 8 7

SQUARE 1 ARCHITECTURAL SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 41,305
Additions 15,554
At 31 March 2020 56,859
Depreciation
At 01 April 2019 23,232
Charge for year 8,408
At 31 March 2020 31,640
Net book value
At 31 March 2020 25,219
At 31 March 2019 18,073