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Company Registration No. 11374015 (England and Wales)
3six5 Digital Enterprises Ltd. Unaudited accounts for the year ended 31 May 2023
3six5 Digital Enterprises Ltd. Unaudited accounts Contents
Page
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3six5 Digital Enterprises Ltd. Company Information for the year ended 31 May 2023
Director
Steve Shaw
Company Number
11374015 (England and Wales)
Accountants
Liberate Accountants Ltd 60, St Martins Lane Covent Garden London WC2N 4JS
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3six5 Digital Enterprises Ltd. Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,276 
3,439 
Current assets
Debtors
48,197 
52,248 
Cash at bank and in hand
2,000 
2,498 
50,197 
54,746 
Creditors: amounts falling due within one year
(46,930)
(33,556)
Net current assets
3,267 
21,190 
Total assets less current liabilities
5,543 
24,629 
Creditors: amounts falling due after more than one year
(35,521)
(35,743)
Net liabilities
(29,978)
(11,114)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(29,979)
(11,115)
Shareholders' funds
(29,978)
(11,114)
For the year ending 31 May 2023 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 14 February 2025 and were signed on its behalf by
Steve Shaw Director Company Registration No. 11374015
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3six5 Digital Enterprises Ltd. Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
3six5 Digital Enterprises Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11374015.
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
25%
Computer equipment
25%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The shareholder has confirmed their commitment to providing financial support for the next 12 months from the date of approval of the financial statements, ensuring the company can meet its current liabilities. As a result, the director continues to apply the going concern basis of accounting.
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3six5 Digital Enterprises Ltd. Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
4,798 
Revaluations
(404)
At 31 May 2023
4,394 
Depreciation
At 1 June 2022
1,359 
Charge for the year
759 
At 31 May 2023
2,118 
Net book value
At 31 May 2023
2,276 
At 31 May 2022
3,439 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,850 
Other debtors
48,197 
49,398 
48,197 
52,248 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
18,111 
5,116 
Obligations under finance leases and hire purchase contracts
10,250 
10,250 
Taxes and social security
12,349 
12,349 
Other creditors
5,220 
2,998 
Accruals
1,000 
2,843 
46,930 
33,556 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
35,089 
35,089 
Taxes and social security
432 
654 
35,521 
35,743 
8
Loans to directors
Other debtors includes Directors Loan account of £35,335 (2022: £36,536) and S455 tax recoverable of £12,349.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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