IRIS Accounts Production v23.2.0.158 08741470 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure087414702022-02-28087414702023-02-28087414702022-03-012023-02-28087414702021-02-28087414702021-03-012022-02-28087414702022-02-2808741470ns16:EnglandWales2022-03-012023-02-2808741470ns15:PoundSterling2022-03-012023-02-2808741470ns11:Director12022-03-012023-02-2808741470ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2808741470ns11:SmallEntities2022-03-012023-02-2808741470ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2808741470ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2808741470ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2808741470ns11:FullAccounts2022-03-012023-02-2808741470ns11:RegisteredOffice2022-03-012023-02-2808741470ns6:CurrentFinancialInstruments2023-02-2808741470ns6:CurrentFinancialInstruments2022-02-2808741470ns6:ShareCapital2023-02-2808741470ns6:ShareCapital2022-02-2808741470ns6:RetainedEarningsAccumulatedLosses2023-02-2808741470ns6:RetainedEarningsAccumulatedLosses2022-02-2808741470ns6:PlantMachinery2022-03-012023-02-2808741470ns6:PlantMachinery2022-02-2808741470ns6:PlantMachinery2023-02-2808741470ns6:PlantMachinery2022-02-2808741470ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2808741470ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2808741470ns11:Director112022-02-2808741470ns11:Director112021-02-2808741470ns11:Director112022-03-012023-02-2808741470ns11:Director112021-03-012022-02-2808741470ns11:Director112023-02-2808741470ns11:Director112022-02-28
REGISTERED NUMBER: 08741470 (England and Wales)






Unaudited Financial Statements for the Year Ended 28 February 2023

for

365 Support Limited

365 Support Limited (Registered number: 08741470)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


365 Support Limited

Company Information
for the Year Ended 28 February 2023







Director: Mrs C P Turner





Registered office: 1 Sussex Road
Southport
Lancashire
PR9 0SS





Registered number: 08741470 (England and Wales)





Accountants: Ridgway and Company
The Office,
Ffordd Pentre Bach,
Nercwys.
Mold
Flintshire
CH7 4EG

365 Support Limited (Registered number: 08741470)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 35,161 27,260

CURRENT ASSETS
Debtors 5 176,478 203,308
Cash at bank 92,148 388,258
268,626 591,566
CREDITORS
Amounts falling due within one year 6 289,400 587,888
NET CURRENT (LIABILITIES)/ASSETS (20,774 ) 3,678
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,387

30,938

PROVISIONS FOR LIABILITIES 6,681 5,179
NET ASSETS 7,706 25,759

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,606 25,659
SHAREHOLDERS' FUNDS 7,706 25,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 and authorised for issue on 13 October 2023 and were signed by:




Mrs C P Turner - Director


365 Support Limited (Registered number: 08741470)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

365 Support 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
Revenue 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 - 25% on reducing balance

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 71 (2022 - 78 ) .

365 Support Limited (Registered number: 08741470)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2022 86,256
Additions 14,304
At 28 February 2023 100,560
DEPRECIATION
At 1 March 2022 58,996
Charge for year 6,403
At 28 February 2023 65,399
NET BOOK VALUE
At 28 February 2023 35,161
At 28 February 2022 27,260

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 169,730 200,736
Other debtors 6,748 2,572
176,478 203,308

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors - 174,841
Taxation and social security 203,968 231,797
Other creditors 85,432 181,250
289,400 587,888

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
Mrs C P Turner
Balance outstanding at start of year - 27,066
Amounts repaid - (27,066 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -