Abbreviated Company Accounts - SQUARE QUARTERS LIMITED

SQUARE QUARTERS LIMITED - Company Information

06742870 SQUARE QUARTERS LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 06742870 2012-12-01 2013-11-30 06742870 2013-11-30 06742870 2012-11-30 06742870 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 06742870 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 06742870

SQUARE QUARTERS LIMITED

Abbreviated Accounts

30 November 2013

SQUARE QUARTERS LIMITED Registered Number 06742870

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,862	2,482
		1,862	2,482
Current assets
Debtors		9,493	16,014
Cash at bank and in hand		6,061	5,592
		15,554	21,606
Net current assets (liabilities)		15,554	21,606
Total assets less current liabilities		17,416	24,088
Creditors: amounts falling due after more than one year		(24,236)	(24,234)
Total net assets (liabilities)		(6,820)	(146)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(7,820)	(1,146)
Shareholders' funds		(6,820)	(146)

For the year ending 30 November 2013 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 October 2014

And signed on their behalf by:
Dean Crossley, Director

SQUARE QUARTERS LIMITED Registered Number 06742870

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
There was a net deficiency of assets of £6,820 at the balance sheet date, however the director has confirmed continued support and the company retains sufficient working capital to continue trading for the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 December 2012	9,928
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	9,928
Depreciation
At 1 December 2012	7,446
Charge for the year	620
On disposals	-
At 30 November 2013	8,066
Net book values
At 30 November 2013	1,862
At 30 November 2012	2,482

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	Dean Crossley
Description of the transaction:	Advances to director
Balance at 1 December 2012:	£ 11,546
Advances or credits made:	£ 4,968
Advances or credits repaid:	£ 11,546
Balance at 30 November 2013:	£ 4,968

At the beginning of the year Dean Crossley, director of the company, owed £11,546 to the company. This balance was repaid during the year but the director advanced himself a further £4,968 which remained outstanding at the balance sheet date.