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Company Registration No. 11064576 (England and Wales)
360CTRL Limited Unaudited accounts for the year ended 31 May 2024
360CTRL Limited Unaudited accounts Contents
Page
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360CTRL Limited Company Information for the year ended 31 May 2024
Directors
Gareth Pierce Mark Jonathan Lance
Company Number
11064576 (England and Wales)
Registered Office
FAIR TRADE HOUSE 3 WHITTLE AVENUE FAREHAM HAMPSHIRE PO15 5SH ENGLAND
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360CTRL Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,626 
5,518 
Investments
19,250 
67,245 
21,876 
72,763 
Current assets
Debtors
223,158 
236,218 
Investments
209 
713 
Cash at bank and in hand
104,316 
259,134 
327,683 
496,065 
Creditors: amounts falling due within one year
(124,304)
(234,270)
Net current assets
203,379 
261,795 
Total assets less current liabilities
225,255 
334,558 
Creditors: amounts falling due after more than one year
- 
(115,000)
Net assets
225,255 
219,558 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
(5,686)
(34,083)
Profit and loss account
230,841 
253,541 
Shareholders' funds
225,255 
219,558 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by
Gareth Pierce Director Company Registration No. 11064576
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360CTRL Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
360CTRL Limited is a private company, limited by shares, registered in England and Wales, registration number 11064576. The registered office is FAIR TRADE HOUSE, 3 WHITTLE AVENUE, FAREHAM, HAMPSHIRE, PO15 5SH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
33% Straight Line Basis
Computer equipment
33% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
681 
1,248 
7,473 
9,402 
Additions
- 
57 
2,055 
2,112 
Disposals
(681)
(499)
(3,450)
(4,630)
At 31 May 2024
- 
806 
6,078 
6,884 
Depreciation
At 1 June 2023
359 
146 
3,379 
3,884 
Charge for the year
- 
297 
2,470 
2,767 
On disposals
(359)
(42)
(1,992)
(2,393)
At 31 May 2024
- 
401 
3,857 
4,258 
Net book value
At 31 May 2024
- 
405 
2,221 
2,626 
At 31 May 2023
322 
1,102 
4,094 
5,518 
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360CTRL Limited Notes to the Accounts for the year ended 31 May 2024
5
Investments
Other investments 
£ 
Valuation at 1 June 2023
67,245 
Additions
32,868 
Fair value adjustments
37,863 
Disposals
(118,726)
Valuation at 31 May 2024
19,250 
Listed investments are recognised initially at cost less attributable transaction costs. Subsequent to initial recognition, they are revalued to fair value at the reporting date. Any changes in fair value are recognised in profit and loss.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
117,626 
131,332 
Deferred tax asset
1,283 
10,086 
Accrued income and prepayments
4,249 
94,800 
123,158 
236,218 
Amounts falling due after more than one year
Other debtors
100,000 
- 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Listed investments
209 
713 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,254 
4,994 
Trade creditors
68,444 
128,025 
Taxes and social security
37,712 
54,280 
Other creditors
- 
100 
Accruals
600 
35,964 
Deferred income
6,294 
10,907 
124,304 
234,270 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
115,000 
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360CTRL Limited Notes to the Accounts for the year ended 31 May 2024
10
Transactions with related parties
At the balance sheet date, 360CTRL Limited owed Lance Consolidation Limited Nil (2023 - £115,000). Lance Consolidation Limited is the parent of 360CTRL Limited. 360CTRL Limited has the following outstanding trade debtor balances at the balance sheet date. These are between related parties within the group. £301.82 - Lance Consolidation Limited, £319.35 - Lance Mortgages Limited & £14,047.19 - Your Mortgage People Limited 360CTRL Limited had the following outstanding trade creditor balances at the balance sheet date. These are between related parties within the group. £699.36 - Lance Consolidation Limited. All trade debtor & creditor transactions between related parties were all made at arms length.
11
Controlling party
The company was under the control of Lance Consolidation Limited
12
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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