33 Degrees Latitude Limited |
Registered Number:04258454 |
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
33 Degrees Latitude Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
114,394
102,699
2
114,394
102,699
Trade and other receivables |
2,630
1,159
3
3,643
Cash and cash equivalents |
2,307
3,466
6,273
Trade and other payables: amounts falling due within one |
year |
(89,548)
(103,713)
4
(83,275)
(100,247)
Net current liabilities
Total assets less current liabilities |
14,147
19,424
14,147
Net assets
19,424
2
2
14,145
19,422
14,147
19,424
Shareholders' funds
For the year ended 31 July 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 04 December 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 July 2023
33 Degrees Latitude Limited
Notes to the Financial Statements
Statutory Information
33 Degrees Latitude Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 04258454. |
11 Houndean Rise
Lewes
East Sussex
BN7 1EQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
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: |
Land and buildings
Plant and machinery
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
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For the year ended 31 July 2023
33 Degrees Latitude Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
149,253
51,706
97,547
14,351
2,167
12,184
109,731
53,873
163,604
Provision for depreciation and impairment |
46,554
46,554
-
Charge for year
2,656
2,656
-
49,210
49,210
-
109,731
4,663
114,394
97,547
5,152
102,699
3. Trade and other receivables |
2022
2023
203
1,201
956
1,429
2,630
1,159
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
206
778
103,507
88,770
103,713
89,548
5. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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