Acorah Software Products - Accounts Production 16.3.350 false true false 27 May 2025 2 November 2023 31 August 2024 31 August 2024 15255618 Mr S J Ling Mr J N Whitfield Mr P J Raybould Mr S J Ling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15255618 2023-11-01 15255618 2024-08-31 15255618 2023-11-02 2024-08-31 15255618 frs-core:CurrentFinancialInstruments 2024-08-31 15255618 frs-core:Non-currentFinancialInstruments 2024-08-31 15255618 frs-core:ShareCapital 2024-08-31 15255618 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15255618 frs-bus:PrivateLimitedCompanyLtd 2023-11-02 2024-08-31 15255618 frs-bus:FilletedAccounts 2023-11-02 2024-08-31 15255618 frs-bus:SmallEntities 2023-11-02 2024-08-31 15255618 frs-bus:Audited 2023-11-02 2024-08-31 15255618 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-02 2024-08-31 15255618 frs-core:CostValuation 2023-11-01 15255618 frs-core:AdditionsToInvestments 2024-08-31 15255618 frs-core:CostValuation 2024-08-31 15255618 frs-core:ProvisionsForImpairmentInvestments 2023-11-01 15255618 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 15255618 frs-bus:Director1 2023-11-02 2024-08-31 15255618 frs-bus:Director2 2023-11-02 2024-08-31 15255618 frs-bus:Director3 2023-11-02 2024-08-31 15255618 frs-bus:CompanySecretary1 2023-11-02 2024-08-31 15255618 frs-core:Non-currentFinancialInstruments 5 2024-08-31 15255618 frs-countries:EnglandWales 2023-11-02 2024-08-31
Registered number: 15255618
THREESIXTY INVESTCO 10 LIMITED
Financial Statements
For the Period 2 November 2023 to 31 August 2024
SFB Group Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15255618
31 August 2024
Notes £ £
FIXED ASSETS
Investments 4 10,801,743
10,801,743
CURRENT ASSETS
Cash at bank and in hand 260,128
260,128
Creditors: Amounts Falling Due Within One Year 5 (5,313,048 )
NET CURRENT ASSETS (LIABILITIES) (5,052,920 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,748,823
Creditors: Amounts Falling Due After More Than One Year 6 (5,930,482 )
NET LIABILITIES (181,659 )
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account (181,660 )
SHAREHOLDERS' FUNDS (181,659)
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 S J Ling
Director
27/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
THREESIXTY INVESTCO 10 LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 15255618 . The registered office is 32 Bayton Road Exhall, Coventry, West Midlands, CV7 9EJ.
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. Exemption From Preparing Consolidated Financial Statements
The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Threesixty Holdco 10 Limited, 32 Bayton Road Exhall, Coventry, West Midlands, United Kingdom, CV7 9EJ. The financial statements present information about the company as an individual entity and not about its group.
2.3. Investments
Investment in the subsidiary company is held at cost less accumulated impairment losses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Subsidiaries
£
Cost
As at 2 November 2023 -
Additions 10,801,743
As at 31 August 2024 10,801,743
Provision
As at 2 November 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 10,801,743
As at 2 November 2023 -
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Bank loans and overdrafts 788,268
Accruals and deferred income 181,660
Amounts owed to group undertakings 4,343,120
5,313,048
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
31 August 2024
£
Bank loans 3,730,482
Deferred consideration 2,200,000
5,930,482
7. Secured Creditors
The company has provided a joint guarantee to secure loan facilities to group undertakings, which creates a fixed and floating charge over the assets of the company. The amounts outstanding under these facilities as at 31 August 2024 were £4,518,750.
8. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 1
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of THREESIXTY INVESTCO 10 LIMITED for the period ended 31 August 2024 was unqualified.
The auditor's report was signed by Paul Carvell BFP FCA (Senior Statutory Auditor) for and on behalf of SFB Group Limited , Statutory Auditor.
SFB Group Limited
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU
Page 3