360 ICT Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06219225 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

360 ICT Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R L Charles

REGISTERED OFFICE:

9th Floor

Nova South

160 Victoria Street

London

SW1E 5LB

REGISTERED NUMBER:

06219225 (England and Wales)

ACCOUNTANTS:

Bells Accountants

10a High Street

Chislehurst

Kent

BR7 5AN

FIXED ASSETS

Tangible assets

4

2,052

820

CURRENT ASSETS

Stocks

136,665

15,000

Debtors

5

103,416

222,855

Investments

6

-

9,800

Cash at bank

30,720

429,900

270,801

677,555

CREDITORS

Amounts falling due within one year

7

133,682

589,784

NET CURRENT ASSETS

137,119

87,771

TOTAL ASSETS LESS CURRENT LIABILITIES

139,171

88,591

CREDITORS

Amounts falling due after more than one year

8

8,410

-

NET ASSETS

130,761

88,591

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

130,759

88,589

SHAREHOLDERS' FUNDS

130,761

88,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 October 2019 and were signed by:

R L Charles - Director

1.	STATUTORY INFORMATION

360 ICT Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 8 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

111,784

Additions

3,062

At 30 April 2019

114,846

DEPRECIATION

At 1 May 2018

110,964

Charge for year

1,830

At 30 April 2019

112,794

NET BOOK VALUE

At 30 April 2019

2,052

At 30 April 2018

820

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

103,416

68,565

Other debtors

-

154,290

103,416

222,855

6.	CURRENT ASSET INVESTMENTS

30.4.19

30.4.18

£

£

Unlisted investments

-

9,800

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Bank loans and overdrafts

4,497

9,497

Trade creditors

66,330

112,039

Taxation and social security

49,956

91,527

Other creditors

12,899

376,721

133,682

589,784

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.19

30.4.18

£

£

Other creditors

8,410

-