360pm Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07227182 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

360PM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms L Denman

C Tyler

SECRETARY:

REGISTERED OFFICE:

25A Aire Valley Business Centre

Lawkholme Lane

Keighley

West Yorkshire

BD21 3BB

REGISTERED NUMBER:

07227182 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

25A Aire Valley Business Centre

Lawkholme Lane

Keighley

West Yorkshire

BD21 3BB

CURRENT ASSETS

Debtors

-

11,696

Cash at bank

25,870

8,815

25,870

20,511

CREDITORS

Amounts falling due within one year

24,456

20,320

NET CURRENT ASSETS

1,414

191

TOTAL ASSETS LESS CURRENT LIABILITIES

1,414

191

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

1,314

91

SHAREHOLDERS' FUNDS

1,414

191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 May 2016 and were signed on its behalf by:

C Tyler - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2016 and

30 April 2015:

2016

2015

£

C Tyler and Ms L Denman

Balance outstanding at start of year

11,695

12,822

Amounts advanced

65,943

81,703

Amounts repaid

(80,151

)

(82,830

)

Balance outstanding at end of year

(2,513

)

11,695

The directors were paid £520 for use of their home as an office.

The directors also received dividends of £62,000 during the year.