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REGISTERED NUMBER: 06989584 (England and Wales)















31 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2024






31 LIMITED (REGISTERED NUMBER: 06989584)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


31 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTOR: Mr. G C Jones





REGISTERED OFFICE: 1st Floor Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ





REGISTERED NUMBER: 06989584 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

31 LIMITED (REGISTERED NUMBER: 06989584)

STATEMENT OF FINANCIAL POSITION
31ST AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 55,234 -
Investments 5 120,000 110,000
175,234 110,000

CURRENT ASSETS
Debtors 6 96,531 124,139
Cash at bank 121,854 173,022
218,385 297,161
CREDITORS
Amounts falling due within one year 7 67,288 67,972
NET CURRENT ASSETS 151,097 229,189
TOTAL ASSETS LESS CURRENT LIABILITIES 326,331 339,189

CREDITORS
Amounts falling due after more than one year 8 12,500 22,500
NET ASSETS 313,831 316,689

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 313,731 316,589
SHAREHOLDERS' FUNDS 313,831 316,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th May 2025 and were signed by:




Mr. G C Jones - Director


31 LIMITED (REGISTERED NUMBER: 06989584)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024


1. STATUTORY INFORMATION

31 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 1st September 2023 - - 4,039 4,039
Additions 1,825 66,990 - 68,815
At 31st August 2024 1,825 66,990 4,039 72,854
DEPRECIATION
At 1st September 2023 - - 4,039 4,039
Charge for year 183 13,398 - 13,581
At 31st August 2024 183 13,398 4,039 17,620
NET BOOK VALUE
At 31st August 2024 1,642 53,592 - 55,234
At 31st August 2023 - - - -

31 LIMITED (REGISTERED NUMBER: 06989584)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st September 2023 110,000
Additions 10,000
At 31st August 2024 120,000
NET BOOK VALUE
At 31st August 2024 120,000
At 31st August 2023 110,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 96,531 124,139

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 32,788 35,972
Other creditors 24,500 22,000
67,288 67,972

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,500 22,500

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The advances to the director were repaid in full within 9 months of the year end.