IRIS Accounts Production v26.1.10.61 07679526 Board of Directors 31.12.23 29.12.24 29.12.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07679526 2023-12-30 07679526 2024-12-29 07679526 2023-12-31 2024-12-29 07679526 2022-12-31 07679526 2023-01-01 2023-12-30 07679526 2023-12-30 07679526 ns15:EnglandWales 2023-12-31 2024-12-29 07679526 ns14:PoundSterling 2023-12-31 2024-12-29 07679526 ns10:Director1 2023-12-31 2024-12-29 07679526 ns10:PrivateLimitedCompanyLtd 2023-12-31 2024-12-29 07679526 ns10:SmallEntities 2023-12-31 2024-12-29 07679526 ns10:AuditExempt-NoAccountantsReport 2023-12-31 2024-12-29 07679526 ns10:SmallCompaniesRegimeForDirectorsReport 2023-12-31 2024-12-29 07679526 ns10:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-29 07679526 ns10:FullAccounts 2023-12-31 2024-12-29 07679526 ns10:OrdinaryShareClass1 2023-12-31 2024-12-29 07679526 ns10:OrdinaryShareClass2 2023-12-31 2024-12-29 07679526 ns10:Director2 2023-12-31 2024-12-29 07679526 ns10:RegisteredOffice 2023-12-31 2024-12-29 07679526 ns5:CurrentFinancialInstruments 2024-12-29 07679526 ns5:CurrentFinancialInstruments 2023-12-30 07679526 ns5:Non-currentFinancialInstruments 2024-12-29 07679526 ns5:Non-currentFinancialInstruments 2023-12-30 07679526 ns5:ShareCapital 2024-12-29 07679526 ns5:ShareCapital 2023-12-30 07679526 ns5:RetainedEarningsAccumulatedLosses 2024-12-29 07679526 ns5:RetainedEarningsAccumulatedLosses 2023-12-30 07679526 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-29 07679526 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-30 07679526 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-29 07679526 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2023-12-30 07679526 ns10:OrdinaryShareClass1 2024-12-29 07679526 ns10:OrdinaryShareClass2 2024-12-29

REGISTERED NUMBER: 07679526 (England and Wales)

360 PROPERTY LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

31ST DECEMBER 2023 TO 29TH DECEMBER 2024

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 31ST DECEMBER 2023 TO 29TH DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| 360 PROPERTY LTD |

COMPANY INFORMATION

FOR THE PERIOD 31ST DECEMBER 2023 TO 29TH DECEMBER 2024

| DIRECTORS: | A K Davies

| S Duncombe

| REGISTERED OFFICE: | 60 Beaufort Street

| Brynmawr

| Ebbw Vale

| NP23 4AE

| REGISTERED NUMBER: | 07679526 (England and Wales)

| ACCOUNTANTS: | Green & Co

| Accountants and Tax Advisors

| Pembroke House

| Llantarnam Park Way

| Cwmbran

| Torfaen

| NP44 3AU

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

BALANCE SHEET

29TH DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 230,380 |  | - |  |

Debtors | 4 | 3,268,413 |  | 3,466,709 |  |

Cash at bank and in hand | 8,861 |  | 6,894 |  |

3,507,654 |  | 3,473,603 |  |

CREDITORS

Amounts falling due within one year | 5 | 4,519,696 |  | 4,473,263 |  |

NET CURRENT LIABILITIES | (1,012,042 | ) | (999,660 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (1,012,042 | ) | (999,660 | ) |

CREDITORS

Amounts falling due after more than one year | 6 | 48,542 |  | 60,707 |  |

NET LIABILITIES | (1,060,584 | ) | (1,060,367 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 100 |  | 100 |  |

Retained earnings | (1,060,684 | ) | (1,060,467 | ) |

SHAREHOLDERS' FUNDS | (1,060,584 | ) | (1,060,367 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

BALANCE SHEET - continued

29TH DECEMBER 2024

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th June 2026 and were signed on its behalf by:

A K Davies - Director

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 31ST DECEMBER 2023 TO 29TH DECEMBER 2024

1. | STATUTORY INFORMATION

| 360 Property Ltd 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.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 31ST DECEMBER 2023 TO 29TH DECEMBER 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 (2023 - 2 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 2,244 |  | (1,104 | ) |

| Other debtors | 3,186,918 |  | 3,337,343 |  |

| Amounts owed from related

| parties | 79,251 |  | 88,870 |  |

| Prepayments | - |  | 41,600 |  |

3,268,413 |  | 3,466,709 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 11,643 |  | 11,122 |  |

| Other loans | 891,560 |  | 891,372 |  |

| Trade creditors | 2,020 |  | 95,735 |  |

| Corporation Tax | 68,611 |  | 68,611 |  |

| amounts owed to group

| companies | 2,534,441 |  | 2,590,864 |  |

| Amounts owed to related

| parties | 509,062 |  | 318,218 |  |

| Social security and other taxes | 93 |  | 287 |  |

| VAT | 25,455 |  | 11,572 |  |

| Other creditors | - |  | 1,706 |  |

| Directors' current accounts | 450,649 |  | 479,514 |  |

| Accruals and deferred income | 26,162 |  | 4,262 |  |

4,519,696 |  | 4,473,263 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans more than 1 year | 48,542 |  | 60,707 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 75 | Ordinary A | £1 | 75 |  | 75 |  |

| 25 | Ordinary B | £1 | 25 |  | 25 |  |

100 |  | 100 |  |

| 360 PROPERTY LTD (REGISTERED NUMBER: 07679526) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 31ST DECEMBER 2023 TO 29TH DECEMBER 2024

8. | RELATED PARTY DISCLOSURES

| At 31 December 2024, the company was owed £79,251 from related companies (2023 : £88,870).

| At 31 December the company owed £2,534,441 to group companies and £509,062 to related companies (2023 : £2,590,864 and £318,218).