Stock Square Ltd
Stock Square Ltd
Registered number: 12588667
Unaudited ABRIDGED Financial Statements
For the Period
1 January 2021
to
31 March 2022
Page 1
Stock Square Ltd
Unaudited Financial Statements
For the Period
1 January 2021
to
31 March 2022
Unaudited Financial Statements
Contents | |
Page | |
---|---|
Abridged Balance Sheet | 1—2 |
Notes to the Abridged Financial Statements | 3—4 |
Page 1
Stock Square Ltd
Abridged Balance Sheet
As at
31 March 2022
Abridged Balance Sheet
Registered number:
12588667
For the period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2022 in accordance with section 444(2A) of the Companies Act 2006.
31 March 2022 | 31 December 2020 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Investments | 3 |
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CURRENT ASSETS | |||||
Debtors |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
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Creditors: Amounts Falling Due After More Than One Year | - | (2,000,100) | |||
NET (LIABILITIES)/ASSETS |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
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Share premium account |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (145) | 455,702 | |||
Page 1
Page 2
Stock Square Ltd
Abridged Balance Sheet (continued)
As at
31 March 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Stock Square Ltd
Notes to the Abridged Financial Statements
For the Period
1 January 2021
to
31 March 2022
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Financial Instruments
The Company mainly enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
The company has issued convertible loan notes, which are recognised as a creditor and at the amount that would be repayable in cash, should the noteholder decide not to exercise their option to convert the loan notes into equity.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
31 March 2022 | 31 December 2020 | ||
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Directors and company officers |
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3.
Investments
Total | |
---|---|
£ | |
Cost | |
As at
|
100 |
Disposals | (100) |
As at
|
- |
Provision | |
As at
|
- |
As at
|
- |
Net Book Value | |
As at
|
- |
As at
|
100 |
4.
Share Capital
31 March 2022 | 31 December 2020 | ||
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Allotted, Called up and fully paid |
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During the period, the share capital of the company was reduced so that the only shares in existence were 360 Ordinary C Shares of £0.01 each and 1 Ordinary D share of £0.01.
5.
Post Balance Sheet Events
In April 2022, the company intends to apply to be struck off the register of companies held by Companies House.
Page 3
Page 4
Stock Square Ltd
Notes to the Abridged Financial Statements (continued)
For the Period
1 January 2021
to
31 March 2022
6.
Ultimate Parent Undertaking and Controlling Party
The company's immediate parent undertaking is
MGMT Infrastructure Limited
. Its registered office address is Westminster House, 10 Westminster Road, Macclesfield, Cheshire, SK10 1BX. Its principal place of business is Pine Grove Enterprise Centre, Pine Grove, Crowborough, East Sussex, TN6 1DH.
The ultimate parent undertaking is
Biothermic Holdings SA
. Its registered office address is 16 Rue Jean L'Aveugle, L-1148, Luxembourg.
7.
General Information
Stock Square Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
12588667
. The registered office is Westminster House, 10 Westminster Road, Macclesfield, Cheshire, SK10 1BX.
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