| Registered Number:06909413 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
360 Rope Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
360 Rope Solutions Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
19,723
18,563
2
19,723
18,563
| Trade and other receivables |
24,941
52,101
3
49,265
| Cash and cash equivalents |
15,200
67,301
74,206
| Trade and other payables: amounts falling due within one year |
(41,601)
(40,652)
4
32,605
26,649
Net current assets
| Total assets less current liabilities |
46,372
51,168
| Trade and other payables: amounts falling due after more than |
| one year |
(15,448)
(9,469)
5
(3,747)
(3,527)
| Provisions for liabilities |
33,156
Net assets
32,193
1
1
33,155
32,192
33,156
32,193
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr James Pallatt Director |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
360 Rope Solutions Ltd
Notes to the Financial Statements
Statutory Information
| 360 Rope Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 06909413. |
69 George Street
Saltaire
Shipley
BD18 4LP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
| 2. Property, plant and equipment |
Motor vehicles
35,181
2,181
33,000
-
7,735
-
-
7,735
7,735
33,000
2,181
42,916
| Provision for depreciation and impairment |
16,618
2,181
14,437
-
Charge for year
6,575
-
4,641
1,934
23,193
2,181
19,078
1,934
5,801
13,922
-
19,723
-
18,563
-
18,563
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For the year ended 31 March 2025
360 Rope Solutions Ltd
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2024
2025
44,167
8,433
7,934
16,508
24,941
52,101
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
16,176
15,120
24,476
26,481
40,652
41,601
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
9,469
15,448
| 6. Directors advances and guarantees |
Repaid
Mr James Pallatt
Loan
-
7,616
7,616
-
7,616
7,616
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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