360 AUTOMOTIVE LTD

Company Registration Number:
13257776 (England and Wales)

Unaudited statutory accounts for the year ended 28 March 2024

Period of accounts

Start date: 29 March 2023

End date: 28 March 2024

360 AUTOMOTIVE LTD

Contents of the Financial Statements

for the Period Ended 28 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

360 AUTOMOTIVE LTD

Profit And Loss Account

for the Period Ended 28 March 2024

2024 2023


£

£
Turnover: 74,049 167,244
Cost of sales: ( 64,611 ) ( 174,737 )
Gross profit(or loss): 9,438 (7,493)
Distribution costs: ( 18,409 ) ( 18,029 )
Administrative expenses: 0 ( 808 )
Other operating income: 0 0
Operating profit(or loss): (8,971) (26,330)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 ( 41 )
Profit(or loss) before tax: (8,971) (26,371)
Profit(or loss) for the financial year: (8,971) (26,371)

360 AUTOMOTIVE LTD

Balance sheet

As at 28 March 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,500 2,429
Investments:   0 0
Total fixed assets: 2,500 2,429
Current assets
Stocks: 4 69,354 87,895
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 69,354 87,895
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 69,354 87,895
Total assets less current liabilities: 71,854 90,324
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 71,854 90,324
Capital and reserves
Called up share capital: 71,854 90,324
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 71,854 90,324

The notes form part of these financial statements

360 AUTOMOTIVE LTD

Balance sheet statements

For the year ending 28 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 March 2025
and signed on behalf of the board by:

Name: Peter Babb
Status: Director

The notes form part of these financial statements

360 AUTOMOTIVE LTD

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

360 AUTOMOTIVE LTD

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

360 AUTOMOTIVE LTD

Notes to the Financial Statements

for the Period Ended 28 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 March 2023 2,429 2,429
Additions 71 71
Disposals
Revaluations
Transfers
At 28 March 2024 2,500 2,500
Depreciation
At 29 March 2023
Charge for year
On disposals
Other adjustments
At 28 March 2024
Net book value
At 28 March 2024 2,500 2,500
At 28 March 2023 2,429 2,429

360 AUTOMOTIVE LTD

Notes to the Financial Statements

for the Period Ended 28 March 2024

4. Stocks

2024 2023
£ £
Stocks 69,354 87,895
Payments on account 0 0
Total 69,354 87,895