365 Asset Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09581926 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 May 2026

for

365 ASSET MANAGEMENT LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr M D Gray

REGISTERED OFFICE:

Butterworth Barlow House

10 Derby Street

Prescot

Merseyside

L34 3LG

REGISTERED NUMBER:

09581926 (England and Wales)

ACCOUNTANTS:

Butterworth Barlow

Chartered Accountants

Butterworth Barlow House

10 Derby Street

Prescot

Liverpool

Merseyside

L34 3LG

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 365 Asset Management Limited for the year ended 30 May 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of 365 Asset Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 365 Asset Management Limited and state those matters that we have agreed to state to the director of 365 Asset Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 365 Asset Management Limited and its director for our work or for this report.

It is your duty to ensure that 365 Asset Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 365 Asset Management Limited. You consider that 365 Asset Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 365 Asset Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Butterworth Barlow

Chartered Accountants

Liverpool

L34 3LG

16 October 2026

FIXED ASSETS

Tangible assets

4

4,234

89,862

CURRENT ASSETS

Stocks

935,021

1,154,740

Debtors

5

11,609

662,843

Cash at bank

165,119

4,064,334

1,111,749

5,881,917

CREDITORS

Amounts falling due within one year

6

281,485

686,276

NET CURRENT ASSETS

830,264

5,195,641

TOTAL ASSETS LESS CURRENT LIABILITIES

834,498

5,285,503

PROVISIONS FOR LIABILITIES

-

8,516

NET ASSETS

834,498

5,276,987

CAPITAL AND RESERVES

Called up share capital

9

Capital redemption reserve

1

Fair value reserve

7

5,029

Retained earnings

829,459

5,271,948

834,498

5,276,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2026 and were signed by:

Mr M D Gray - Director

1.	STATUTORY INFORMATION

365 Asset Management Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% straight line

Motor vehicles

-

20% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

COST

At 31 May 2025

65,000

12,343

39,945

117,288

Additions

-

1,199

-

1,199

Disposals

(65,000

)

-

(39,945

)

(104,945

)

At 30 May 2026

-

13,542

-

13,542

DEPRECIATION

At 31 May 2025

-

7,251

20,175

27,426

Charge for year

-

2,057

-

2,057

Eliminated on disposal

-

(20,175

)

(20,175

)

At 30 May 2026

-

9,308

-

9,308

NET BOOK VALUE

At 30 May 2026

-

4,234

-

4,234

At 30 May 2025

65,000

5,092

19,770

89,862

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.5.26

30.5.25

£

Other debtors

11,609

662,843

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.5.26

30.5.25

£

Tax

62,371

170,947

Other creditors

204,522

476,078

Directors' current accounts

-

30,251

Accruals and deferred income

14,592

9,000

281,485

686,276

7.

RESERVES

Fair

value

reserve

£

At 31 May 2025

and 30 May 2026

5,029

8.	RELATED PARTY DISCLOSURES

The company is related to Harris Grange Investments Limited and We Buy Any Home Today Limited by virtue of directors in common.

As at the year end the company is owed £26,881 from We Buy Any Home Today Limited (2025: £115,843)

At the year end, the company owes £6,834 to Harris Grange Investments Limited (2025: £3,302).