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REGISTERED NUMBER: 06815219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

360 LIVING LTD

360 LIVING LTD (REGISTERED NUMBER: 06815219)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


360 LIVING LTD

Company Information
for the Year Ended 31st December 2023







DIRECTORS: R Minshell
T J Minshell
A Lock
T Dicker





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 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 483,540 310,290

CURRENT ASSETS
Stocks 155,091 69,999
Debtors 5 59,331 157,995
Cash at bank 285,636 219,443
500,058 447,437
CREDITORS
Amounts falling due within one year 6 275,833 266,285
NET CURRENT ASSETS 224,225 181,152
TOTAL ASSETS LESS CURRENT
LIABILITIES

707,765

491,442

CREDITORS
Amounts falling due after more than one
year

7

299,814

224,422
NET ASSETS 407,951 267,020

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 407,851 266,920
SHAREHOLDERS' FUNDS 407,951 267,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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 2023


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 20th February 2024 and were signed on its behalf by:





T J Minshell - Director


360 LIVING LTD (REGISTERED NUMBER: 06815219)

Notes to the Financial Statements
for the Year Ended 31st December 2023

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 8 (2022 - 7 ) .

360 LIVING LTD (REGISTERED NUMBER: 06815219)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023 332,684
Additions 314,949
Disposals (91,403 )
At 31st December 2023 556,230
DEPRECIATION
At 1st January 2023 22,394
Charge for year 63,193
Eliminated on disposal (12,897 )
At 31st December 2023 72,690
NET BOOK VALUE
At 31st December 2023 483,540
At 31st December 2022 310,290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 36,831 157,995
Other debtors 22,500 -
59,331 157,995

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,644
Hire purchase contracts 67,263 44,552
Trade creditors 149,290 116,026
Taxation and social security 43,559 89,899
Other creditors 5,721 5,164
275,833 266,285

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,919 24,160
Hire purchase contracts 284,895 200,262
299,814 224,422

360 LIVING LTD (REGISTERED NUMBER: 06815219)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

8. RELATED PARTY DISCLOSURES

During the year the company was charged management fees of £118815 (£130000 2022) by 360 HUB Ltd .
Mr. R Minshell is a director and shareholder of 360 HUB Limited.