Registered Number
:
06909413
|
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2021
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
2020
2021
Property
,
plant and equipment
|
12,945
17,261
2
12,945
17,261
-
1,250
3
Trade and other receivables
|
41,173
35,437
4
14,162
Cash and cash equivalents
|
52,196
88,883
55,335
Trade and other payables
:
amounts falling due within one year
|
(44,764)
(53,678)
5
10,571
35,205
Net current assets
Total assets less current liabilities
|
48,150
27,832
Trade and other payables
:
amounts falling due after more than
|
one year
|
(17,543)
(12,179)
6
(2,459)
(3,279)
Provisions for liabilities
|
33,512
Net assets
7,010
1
1
33,511
7,009
33,512
7,010
Shareholders' funds
For the year ended 31 March 2021 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 2021 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 17 August 2021 and were signed by:
|
1 of 4
For the year ended 31 March 2021
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 2021
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
|
15,120
1,907
13,213
Charge for year
4,316
69
4,247
19,436
1,976
17,460
12,740
205
12,945
16,987
274
17,261
3 of 4
For the year ended 31 March 2021
360 Rope Solutions Ltd
Notes to the Financial Statements Continued
2020
2021
1,250
-
4
.
Trade and other receivables
|
2020
2021
21,599
25,629
13,838
15,544
41,173
35,437
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
Taxation and social security
|
31,244
18,520
22,434
26,244
53,678
44,764
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
12,179
17,543
7
.
Average number of persons employed
|
During the year the average number of employees was 1 (2020 : 1)
4 of 4