Registered Number
:
06909413
|
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2022
360 Rope Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
360 Rope Solutions Ltd
Statement of Financial Position
2021
2022
Property
,
plant and equipment
|
9,709
12,945
2
9,709
12,945
1,250
6,280
3
Trade and other receivables
|
35,437
59,914
4
52,196
Cash and cash equivalents
|
24,143
90,337
88,883
Trade and other payables
:
amounts falling due within one year
|
(53,678)
(60,846)
5
35,205
29,491
Net current assets
Total assets less current liabilities
|
39,200
48,150
Trade and other payables
:
amounts falling due after more than
|
one year
|
(12,179)
-
6
(1,844)
(2,459)
Provisions for liabilities
|
37,356
Net assets
33,512
1
1
37,355
33,511
37,356
33,512
Shareholders' funds
For the year ended 31 March 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr James Pallatt Director
|
These financial statements were approved and authorised for issue by the Board on 30 November 2022 and were signed by:
|
1 of 4
For the year ended 31 March 2022
360 Rope Solutions Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 4
For the year ended 31 March 2022
360 Rope Solutions Ltd
Notes to the Financial Statements
Statutory Information
360
Rope Solutions Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
06909413
.
|
69 George Street
Saltaire
Shipley
BD18 4LP
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting
|
Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
|
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
|
assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
Motor vehicles
2
.
Property
,
plant and equipment
|
Motor vehicles
32,381
2,181
30,200
30,200
2,181
32,381
Provision for depreciation and impairment
|
19,436
1,976
17,460
Charge for year
3,236
51
3,185
22,672
2,027
20,645
9,555
154
9,709
12,740
205
12,945
3 of 4
For the year ended 31 March 2022
360 Rope Solutions Ltd
Notes to the Financial Statements Continued
2021
2022
6,280
1,250
4
.
Trade and other receivables
|
2021
2022
43,475
21,599
16,439
13,838
35,437
59,914
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
Taxation and social security
|
19,616
31,244
41,230
22,434
60,846
53,678
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
-
12,179
7
.
Average number of persons employed
|
During the year the average number of employees was 2 (2021 : 1)
4 of 4