1 March 2023 v2025.31.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP118342902023-03-012024-08-31118342902024-08-31118342902023-02-2811834290core:WithinOneYear2024-08-3111834290core:ShareCapital2024-08-3111834290core:ShareCapital2023-02-2811834290core:RetainedEarningsAccumulatedLosses2024-08-3111834290bus:Director12023-03-012024-08-3111834290bus:RegisteredOffice2023-03-012024-08-31118342902022-03-012023-02-2811834290countries:EnglandWales2023-03-012024-08-3111834290bus:AuditExemptWithAccountantsReport2023-03-012024-08-3111834290bus:PrivateLimitedCompanyLtd2023-03-012024-08-3111834290bus:SmallEntities2023-03-012024-08-3111834290bus:FullAccounts2023-03-012024-08-31
Company registration number:
11834290
U360 Ltd
Unaudited Filleted Financial Statements for the period ended
31 August 2024
Alis Accountants Limited
The Lansdowne Building, 2 Lansdowne Road, Greater London, England, CR9 2ER, United Kingdom
U360 Ltd
Statement of Financial Position
31 August 2024
31 Aug 202428 Feb 2023
Note££
Current assets    
Debtors 5
27,439
 
100
 
Cash at bank and in hand
40,160
  -  
67,599
 
100
 
Creditors: amounts falling due within one year 6
(35,906
) -  
Net current assets
31,693
 
100
 
Total assets less current liabilities 31,693   100  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
31,593
  -  
Shareholders funds
31,693
 
100
 
For the period ending
31 August 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
27 May 2025
, and are signed on behalf of the board by:
A Middleton
Director
Company registration number:
11834290
U360 Ltd
Notes to the Financial Statements
Period ended
31 August 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Magnolia House Pangbourne Road
,
Upper Basildon
,
Reading
,
Berkshire
,
RG8 8LN
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the period was Nil (2023: Nil).

5 Debtors

31 Aug 202428 Feb 2023
££
Trade debtors
22,365
  -  
Other debtors
5,074
 
100
 
27,439
 
100
 

6 Creditors: amounts falling due within one year

31 Aug 202428 Feb 2023
££
Trade creditors
27,507
  -  
Taxation and social security
7,999
  -  
Other creditors
400
  -  
35,906
  -