REGISTERED NUMBER: 09093906 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

SQUARE FINANCIAL SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C J Frederick

H Frederick

REGISTERED OFFICE:

2 Lawson Terrace

Barnett Lane

Wonersh

Guildford

Surrey

GU5 0RY

REGISTERED NUMBER:

09093906 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,240

1,860

CURRENT ASSETS

Debtors

34,252

14,530

Cash at bank

20,002

9,239

54,254

23,769

CREDITORS

Amounts falling due within one year

55,053

24,836

NET CURRENT LIABILITIES

(799

)

(1,067

)

TOTAL ASSETS LESS CURRENT LIABILITIES

441

793

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

439

791

SHAREHOLDERS' FUNDS

441

793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 February 2017 and were signed on its behalf by:

C J Frederick - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents sales of financial consulting services, excluding value added tax, performed during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

2,480

DEPRECIATION

At 1 July 2015

620

Charge for year

620

At 30 June 2016

1,240

NET BOOK VALUE

At 30 June 2016

1,240

At 30 June 2015

1,860

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

NIL

Ordinary

£1

-

2

1

Ordinary A

£1

1

-

1

Ordinary B

£1

1

-

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 June 2016, C Frederick owed the company £14,001 (2015 - £5,450). This was the maximum amount owed to the

company during the year. There is no interest due on the loan and it is repayable upon demand.

As at 30 June 2016, H Frederick owed the company £14,001 (2015 - £nil). This was the maximum amount owed to the

company during the year. There is no interest due on the loan and it is repayable upon demand.

5.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the

financial and operating policies.