Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05866821 Ms Lisa Secker Mr Paul Secker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05866821 2023-07-31 05866821 2024-07-31 05866821 2023-08-01 2024-07-31 05866821 frs-core:CurrentFinancialInstruments 2024-07-31 05866821 frs-core:Non-currentFinancialInstruments 2024-07-31 05866821 frs-core:ComputerEquipment 2024-07-31 05866821 frs-core:ComputerEquipment 2023-08-01 2024-07-31 05866821 frs-core:ComputerEquipment 2023-07-31 05866821 frs-core:FurnitureFittings 2024-07-31 05866821 frs-core:FurnitureFittings 2023-08-01 2024-07-31 05866821 frs-core:FurnitureFittings 2023-07-31 05866821 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 05866821 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 05866821 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 05866821 frs-core:PlantMachinery 2024-07-31 05866821 frs-core:PlantMachinery 2023-08-01 2024-07-31 05866821 frs-core:PlantMachinery 2023-07-31 05866821 frs-core:OtherReservesSubtotal 2024-07-31 05866821 frs-core:ShareCapital 2024-07-31 05866821 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05866821 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05866821 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05866821 frs-bus:SmallEntities 2023-08-01 2024-07-31 05866821 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05866821 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05866821 frs-bus:Director1 2023-08-01 2024-07-31 05866821 frs-bus:Director2 2023-08-01 2024-07-31 05866821 frs-countries:EnglandWales 2023-08-01 2024-07-31 05866821 2022-07-31 05866821 2023-07-31 05866821 2022-08-01 2023-07-31 05866821 frs-core:CurrentFinancialInstruments 2023-07-31 05866821 frs-core:Non-currentFinancialInstruments 2023-07-31 05866821 frs-core:OtherReservesSubtotal 2023-07-31 05866821 frs-core:ShareCapital 2023-07-31 05866821 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05866821
Threesixty ASI Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05866821
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 440,827 370
440,827 370
CURRENT ASSETS
Debtors 5 7,543 21,929
Cash at bank and in hand 12,668 482,570
20,211 504,499
Creditors: Amounts Falling Due Within One Year 6 (41,139 ) (59,862 )
NET CURRENT ASSETS (LIABILITIES) (20,928 ) 444,637
TOTAL ASSETS LESS CURRENT LIABILITIES 419,899 445,007
Creditors: Amounts Falling Due After More Than One Year 7 (19,067 ) (29,100 )
NET ASSETS 400,832 415,907
CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 231,565 231,565
Profit and Loss Account 169,167 184,242
SHAREHOLDERS' FUNDS 400,832 415,907
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Page 2
For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Paul Secker
Director
15/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Threesixty ASI Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05866821 . The registered office is Island House, Weatleys Eyot, Sunbury Upon Thames, TW16 6DA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 25% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 - 2,355 977 (6,563 ) (3,231 )
Additions 439,438 1,419 - - 440,857
Disposals - 2,355 977 6,563 9,895
As at 31 July 2024 439,438 6,129 1,954 - 447,521
Depreciation
As at 1 August 2023 - 2,060 902 (6,563 ) (3,601 )
Provided during the period - 325 75 - 400
Disposals - 2,355 977 6,563 9,895
As at 31 July 2024 - 4,740 1,954 - 6,694
Net Book Value
As at 31 July 2024 439,438 1,389 - - 440,827
As at 1 August 2023 - 295 75 - 370
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (2,316 ) 14,011
Other debtors 5,726 5,726
Deferred tax current asset 3,713 2,192
VAT 339 -
Other taxes and social security 81 -
7,543 21,929
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security - 1,921
VAT - 199
Net wages - 1,924
Accruals and deferred income 3,500 3,500
Directors' loan accounts 37,639 52,318
41,139 59,862
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,067 29,100
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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