Company Registration No. 10839818 (England and Wales)
Six One Zero Ltd
Unaudited accounts
for the year ended 31 May 2024
Six One Zero Ltd
Unaudited accounts
Contents
Six One Zero Ltd
Company Information
for the year ended 31 May 2024
Directors
Mr Harminder Singh
Mrs Sonal Kailey
Company Number
10839818 (England and Wales)
Registered Office
17 Arden Meads
Hockley Heath
Solihull
B94 6QN
UNITED KINGDOM
Accountants
Aspire Accountants Ltd
Radclyffe House
Suite G
66-68 Hagley Road
Birmingham
B16 8PF
Six One Zero Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
119,173
119,284
Cash at bank and in hand
83,677
28,795
Creditors: amounts falling due within one year
(168,525)
(117,566)
Net current liabilities
(15,162)
(2,985)
Total assets less current liabilities
104,011
116,299
Creditors: amounts falling due after more than one year
(20,000)
(29,937)
Called up share capital
100
100
Profit and loss account
83,911
86,262
Shareholders' funds
84,011
86,362
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 11 December 2024 and were signed on its behalf by
Mr Harminder Singh
Director
Company Registration No. 10839818
Six One Zero Ltd
Notes to the Accounts
for the year ended 31 May 2024
Six One Zero Ltd is a private company, limited by shares, registered in England and Wales, registration number 10839818. The registered office is 17 Arden Meads, Hockley Heath, Solihull, B94 6QN, UNITED KINGDOM.
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:
Plant & machinery
15% reducing balamce
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.
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Tangible fixed assets
Plant & machinery
Charge for the year
16,750
Six One Zero Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
13,693
30,441
Other debtors
45,871
45,871
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,595
24,623
Taxes and social security
105,241
79,203
Loans from directors
28,689
10,388
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Operating lease commitments
2024
2023
At 31 May 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
58,000
58,000
The directors, Mr Harminder Singh and Mrs Sonal Kailey, control the company by virtue of their shareholdings there in.
11
Average number of employees
During the year the average number of employees was 37 (2023: 32).