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REGISTERED NUMBER: 06815219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2021

for

360 LIVING LTD

360 LIVING LTD (REGISTERED NUMBER: 06815219)






Contents of the Financial Statements
for the Year Ended 31st December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


360 LIVING LTD

Company Information
for the Year Ended 31st December 2021







DIRECTORS: R Minshell
Mrs C M Minshell





REGISTERED OFFICE: 7 Nightingales Corner
Amersham
Buckinghamshire
HP7 9PZ





REGISTERED NUMBER: 06815219 (England and Wales)





ACCOUNTANTS: Quantulus Limited
Accountants & Business Advisors
Spen Cottage
Coombe Lane
Hughenden Valley
Buckinghamshire
HP14 4NX

360 LIVING LTD (REGISTERED NUMBER: 06815219)

Balance Sheet
31st December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,514 -

CURRENT ASSETS
Stocks 147,887 127,758
Debtors 5 4,006 10,119
Cash at bank 91,331 40,046
243,224 177,923
CREDITORS
Amounts falling due within one year 6 144,459 95,543
NET CURRENT ASSETS 98,765 82,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,279

82,380

CREDITORS
Amounts falling due after more than one
year

7

95,176

-
NET ASSETS 87,103 82,380

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,003 82,280
SHAREHOLDERS' FUNDS 87,103 82,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 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.

360 LIVING LTD (REGISTERED NUMBER: 06815219)

Balance Sheet - continued
31st December 2021


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 Board of Directors and authorised for issue on 10th March 2022 and were signed on its behalf by:





R Minshell - Director


360 LIVING LTD (REGISTERED NUMBER: 06815219)

Notes to the Financial Statements
for the Year Ended 31st December 2021

1. STATUTORY INFORMATION

360 Living Ltd 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 5 (2020 - 4 ) .

360 LIVING LTD (REGISTERED NUMBER: 06815219)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 93,588
At 31st December 2021 93,588
DEPRECIATION
Charge for year 10,074
At 31st December 2021 10,074
NET BOOK VALUE
At 31st December 2021 83,514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 4,006 10,119

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,644 50,000
Hire purchase contracts 9,072 -
Trade creditors 78,310 26,285
Taxation and social security 41,459 19,258
Other creditors 4,974 -
144,459 95,543

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 33,804 -
Hire purchase contracts 61,372 -
95,176 -

8. RELATED PARTY DISCLOSURES

During the year the company provided services of £16513 (£638189 2020) to 360 HUB Ltd.
360 HUB Ltd charged £120000 management fees for the year.
Mr. R Minshell is a director and shareholder of 360 HUB Limited.