53 DEGREES NORTH WEST LTD

53 DEGREES NORTH WEST LTD
Contents Page
For the year ended 30 June 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

53 DEGREES NORTH WEST LTD
Statement of Financial Position
As at 30 June 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	80,162	0
		80,162	0
Current assets
Stocks		602,133	428,721
Debtors		157,480	58,131
Cash at bank and in hand		432,070	179,679
		1,191,683	666,531
Creditors: amount falling due within one year		(1,164,313)	(706,831)
Net current assets		27,370	(40,300)

Total assets less current liabilities		107,532	(40,300)
Net assets		107,532	(40,300)

Capital and reserves
Called up share capital		100	100
Profit and loss account		107,432	(40,400)
Shareholders' funds		107,532	(40,300)

For the year ended 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 15 August 2026 and were signed by:

-------------------------------
Junaid Ibrahim Ahmed Moosa
Director

1

53 DEGREES NORTH WEST LTD
Notes to the Abridged Financial Statements
For the year ended 30 June 2026

General Information

53 DEGREES NORTH WEST LTD is a private company, limited by shares, registered in , registration number 09635123, registration address Zabou House, Shelley Road, PR2 2ZH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

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:

Fixtures and Fittings

10% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 88 (2025 : 25).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 July 2025	-	-
Additions	89,069	89,069
Disposals	-	-
At 30 June 2026	89,069	89,069
Depreciation
At 01 July 2025	-	-
Charge for year	8,907	8,907
On disposals	-	-
At 30 June 2026	8,907	8,907
Net book values
Closing balance as at 30 June 2026	80,162	80,162
Opening balance as at 01 July 2025	-	-

2

Registered Number: 09635123

53 DEGREES NORTH WEST LTD

Abridged Accounts

Period of accounts Start date: 01 July 2025 End date: 30 June 2026