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REGISTERED NUMBER: 10134040 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

67degrees Ltd

67degrees Ltd (Registered number: 10134040)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

67degrees Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mrs L L Coleby





SECRETARY:





REGISTERED OFFICE: 144 Mackie Avenue
Brighton
East Sussex
BN1 8SB





REGISTERED NUMBER: 10134040 (England and Wales)





ACCOUNTANTS: AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB

67degrees Ltd (Registered number: 10134040)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,108 55,412

CURRENT ASSETS
Debtors 5 293,532 45,951
Cash at bank 28,494 7,486
322,026 53,437
CREDITORS
Amounts falling due within one year 6 168,665 141,969
NET CURRENT ASSETS/(LIABILITIES) 153,361 (88,532 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,469

(33,120

)

CREDITORS
Amounts falling due after more than
one year

7

111,878

190,187
NET ASSETS/(LIABILITIES) 85,591 (223,307 )

67degrees Ltd (Registered number: 10134040)

Balance Sheet - continued
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 85,491 (223,407 )
SHAREHOLDERS' FUNDS 85,591 (223,307 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 27 August 2024 and were signed by:



Mrs L L Coleby - Director



J Woodford - Director


67degrees Ltd (Registered number: 10134040)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

67degrees 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.

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.

67degrees Ltd (Registered number: 10134040)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 12 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 107,194
Additions 3,131
Disposals (200 )
At 30 April 2024 110,125
DEPRECIATION
At 1 May 2023 51,782
Charge for year 14,235
At 30 April 2024 66,017
NET BOOK VALUE
At 30 April 2024 44,108
At 30 April 2023 55,412

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Trade debtors 283,428 38,284
Other debtors 10,104 7,667
293,532 45,951

67degrees Ltd (Registered number: 10134040)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Trade creditors 360 (2 )
Taxation and social security 87,145 27,054
Other creditors 81,160 114,917
168,665 141,969

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 111,878 190,187

67degrees Ltd

Report of the Accountants to the Director of
67degrees Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB


27 August 2024