For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06909413
360 Rope Solutions Ltd
For the year ended 31 March 2016
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
360 Rope Solutions Ltd
Accountant's Report
For the year ended 31 March 2016
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the accounts of
|
360
Rope Solutions Ltd for the year ended
31
March
2016
which comprise the Profit and Loss Account
,
the 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 of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of
360
Rope Solutions Ltd
,
as a body
,
in accordance with the terms of
|
our engagement letter dated
.
Our work has been undertaken solely to prepare for your approval the accounts of
360
Rope
|
Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of
360
Rope Solutions Ltd
,
as a
|
body
,
in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as
|
detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent permitted by law
,
we do not accept or assume
|
responsibility to anyone other than
360
Rope Solutions Ltd and its Board of Directors as a body for our work or for this
|
report
.
|
It is your duty to ensure that
360
Rope Solutions Ltd has kept adequate accounting records and to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of
360
Rope Solutions Ltd
.
You
|
consider that
360
Rope Solutions Ltd is exempt from the statutory audit requirement for the year
.
|
Paul Watts FCCA
Jack Cottage
Feizor
Nr Austwick
North Yorkshire
LA2 8DF
30 December 2016
1 of 4
Notes to the Abbreviated Financial Statements
|
360 Rope Solutions Ltd
For the year ended 31 March 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the
|
shareholders prior to the balance sheet date
.
|
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:
|
Computer Equipment
2,181
2,181
1,027
289
Charge for year
1,316
865
1,154
3 of 4
Notes to the Abbreviated Financial Statements
|
360 Rope Solutions Ltd
For the year ended 31 March 2016
Allotted called up and fully paid
|
2016
2015
1
Class A share of £
1
.
00
each
|
1
1
1
1
4 of 4