Company Registration No. 14446115 (England and Wales)
365 Site Services Ltd
Unaudited accounts
for the year ended 31 October 2024
365 Site Services Ltd
Unaudited accounts
Contents
365 Site Services Ltd
Company Information
for the year ended 31 October 2024
Director
Derrick Halliwell
Company Number
14446115 (England and Wales)
Registered Office
119 Lanchester Avenue
Gateshead
Tyne and Wear
NE9 7AN
England
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
365 Site Services Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
15,818
18,841
Cash at bank and in hand
24,735
13,450
Creditors: amounts falling due within one year
(35,421)
(37,309)
Net current liabilities
(7,495)
(23,859)
Net assets/(liabilities)
8,323
(5,018)
Called up share capital
100
100
Profit and loss account
8,223
(5,118)
Shareholders' funds
8,323
(5,018)
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2025 and were signed on its behalf by
Derrick Halliwell
Director
Company Registration No. 14446115
365 Site Services Ltd
Notes to the Accounts
for the year ended 31 October 2024
365 Site Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14446115. The registered office is 119 Lanchester Avenue, Gateshead, Tyne and Wear, NE9 7AN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Director Investment and Going Concern
The director made significant investment in the company while not remunerating during the first period. This was intentional as during the initial first 6 months he sought to network and put in place the infrastructure and contracts to commence trading. He states that returns on his investment will be taken during the coming reporting period once the business has developed the sustainability to return the investments and a salary.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
21,000
500
849
22,349
At 31 October 2024
21,000
500
849
22,349
At 1 November 2023
3,150
75
283
3,508
Charge for the year
2,677
63
283
3,023
At 31 October 2024
5,827
138
566
6,531
At 31 October 2024
15,173
362
283
15,818
At 31 October 2023
17,850
425
566
18,841
365 Site Services Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,925
-
Loans from directors
29,823
36,760
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).