ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

VELOCITI TRANSPORT SOLUTIONS LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2021-03-312021-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.02020-03-09falseNo description of principal activity2truetrue 12505932 2020-03-08 12505932 2020-03-09 2021-03-31 12505932 2019-03-09 2020-03-08 12505932 2021-03-31 12505932 c:Director2 2020-03-09 2021-03-31 12505932 d:ShareCapital 2020-03-09 2021-03-31 12505932 d:ShareCapital 2021-03-31 12505932 d:RetainedEarningsAccumulatedLosses 2020-03-09 2021-03-31 12505932 d:RetainedEarningsAccumulatedLosses 2021-03-31 12505932 c:FRS102 2020-03-09 2021-03-31 12505932 c:AuditExempt-NoAccountantsReport 2020-03-09 2021-03-31 12505932 c:FullAccounts 2020-03-09 2021-03-31 12505932 c:PrivateLimitedCompanyLtd 2020-03-09 2021-03-31 12505932 6 2020-03-09 2021-03-31 iso4217:GBP xbrli:pure

Registered number: 12505932










3SQUARED HOLDINGS LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2021
 
3SQUARED HOLDINGS LTD
REGISTERED NUMBER: 12505932

BALANCE SHEET
AS AT 31 MARCH 2021

2021
Note
£

Fixed assets
  

Investments
 4 
100

  

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
  
100

  
100


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period 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 statement of income and retained earnings 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 2 December 2021.




T Jones
Director

The notes on page 3 form part of these financial statements.

Page 1
 
3SQUARED HOLDINGS LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2021


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period
-
82,000
82,000

Dividends: Equity capital
-
(82,000)
(82,000)

Shares issued during the period
100
-
100


At 31 March 2021
100
-
100

The notes on page 3 form part of these financial statements.

Page 2
 
3SQUARED HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2021

1.


General information

3Squared Holdings Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 12505932). Its registered office is 2nd Floor Fountain Precinct, Balm Green, Sheffield, England, S1 2JA. The Company was incorporated on 9th March 2020 and its principal activity throughout the period is that of a holding Company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentation currency is pounds sterling

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated 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

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
100



At 31 March 2021
100




 
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