365 Marketing Limited Accounts

365 MARKETING LIMITED - Company Information






365 Marketing Limited

	Company No. 08256222
		Information for Filing with The Registrar
		31 October 2018

at	31 October 2018
Company No.		08256222	Notes	2018	2017
				£	£












Creditors: Amount falling due within one year			2	(83,240)	(83,240)
Net current liabilities				(83,240)	(83,240)
Total assets less current liabilities				(83,240)	(83,240)




Net liabilities				(83,240)	(83,240)

Capital and reserves
	Called up share capital			10	10



	Profit and loss account		3	(83,250)	(83,250)

Total equity				(83,240)	(83,240)

For the year ending 31 October 2018 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.



The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 27 November 2019
And signed on its behalf by:
P.G. Campbell
Director

for the year ended 31 October 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

The accounts are presented in Sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Creditors:
		amounts falling due within one year
			2018	2017
			£	£

		Bank loans and overdrafts	1	1





		Other taxes and social security	1,721	1,721

		Other creditors	81,518	81,518

			83,240	83,240

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Additional information

Its registered number is:

08256222

3 Woodcock Close

Bamford

Rochdale

OL11 5QA