Company Registration No. 10104954 (England and Wales)
60 DEGREES DIGITAL LTD
Unaudited accounts
for the year ended 30 April 2024
60 DEGREES DIGITAL LTD
Unaudited accounts
Contents
60 DEGREES DIGITAL LTD
Company Information
for the year ended 30 April 2024
Director
ANTTI ILMARI MAKI
Company Number
10104954 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
CITYGATE CERTIFIED ACCOUNTANTS
EAST LONDON BUSINESS CENTRE
93-101 GREENFIELD ROAD
LONDON
E1 1EJ
60 DEGREES DIGITAL LTD
Accountants' report
Accountants' report to the director of 60 DEGREES DIGITAL LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 April 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 April 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
CITYGATE CERTIFIED ACCOUNTANTS
EAST LONDON BUSINESS CENTRE
93-101 GREENFIELD ROAD
LONDON
E1 1EJ
11 January 2025
60 DEGREES DIGITAL LTD
Statement of financial position
as at 30 April 2024
Called up share capital not paid
1,000
1,000
Tangible assets
1,304
1,630
Cash at bank and in hand
4,842
37,326
Creditors: amounts falling due within one year
(5,101)
(22,609)
Net current (liabilities)/assets
(259)
14,717
Called up share capital
1,000
1,000
Profit and loss account
1,045
16,347
Shareholders' funds
2,045
17,347
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 January 2025 and were signed on its behalf by
ANTTI ILMARI MAKI
Director
Company Registration No. 10104954
60 DEGREES DIGITAL LTD
Notes to the Accounts
for the year ended 30 April 2024
60 DEGREES DIGITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 10104954. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
60 DEGREES DIGITAL LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,101
6,542
Loans from directors
-
10,797
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).