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55th Parallel Ltd.

Unaudited financial statements for the year ended 31 July 2023


Company information

55th Parallel Ltd. is a private company limited by shares, registered in England and Wales, registered number 11125102.

The company's registered office is: 42 Baronswood, Gosforth, Newcastle upon Tyne, NE3 3UB, United Kingdom.

Balance Sheet

as at 31 July 2023

2023 2022
£ £
Fixed assets 1,720.18 1,396.89
Current assets 121,134.02 118,728.29
Prepayments and accrued income 105.17 0.00
Creditors: amounts falling due within one year (11,317.55) (29,175.64)
Net current assets / (liabilities) 109,921.64 89,552.65
Total assets less current liabilities 111,641.82 90,949.54
Net assets 111,641.82 90,949.54
Capital and reserves 111,641.82 90,949.54

For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Mr A Besford
06 October 2023

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 1 (2022: 0).