OUTPOSTS MARKETING LIMITED


Directors	Katherine Empey Crofton
	Nigel Melville Crofton


Registered Address	Bullock House
	Constantine
	Falmouth
	TR11 5RN


Registered Number	10073187 (England and Wales)

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		3,527		554
			3,527		554
Current assets
Debtors	7	571,943		436,513
Cash at bank and on hand		144,750		121,840
		716,693		558,353
Creditors amounts falling due within one year	8	(60,569)		(27,712)
Net current assets (liabilities)			656,124		530,641
Total assets less current liabilities			659,651		531,195
Provisions for liabilities	10		(670)		(105)
Net assets			658,981		531,090
Capital and reserves
Called up share capital			300		200
Profit and loss account			658,681		530,890
Shareholders' funds			658,981		531,090

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 12 September 2023, and are signed on its behalf by:

Katherine Empey Crofton
Director
Registered Company No. 10073187

OUTPOSTS MARKETING LIMITED

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Office Equipment	-	3

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

4.	Employee information


		2023		2022
	Average number of employees during the year	2		2

5.	Property, plant and equipment

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 22	-	2,618	2,618
Additions	3,283	1,180	4,463
At 31 March 23	3,283	3,798	7,081
Depreciation and impairment
At 01 April 22	-	2,064	2,064
Charge for year	684	806	1,490
At 31 March 23	684	2,870	3,554
Net book value
At 31 March 23	2,599	928	3,527
At 31 March 22	-	554	554

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Katherine Empey Crofton	162,000	53,241	1,639	213,602
Directors loan account
Nigel Melville Crofton	162,000	53,241	1,638	213,603
Directors loan account
	324,000	106,482	3,277	427,205

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	9,969	3,197
Other debtors	561,974	433,316
Total	571,943	436,513

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	904	-
Taxation and social security	57,636	17,086
Other creditors	1,000	1,000
Accrued liabilities and deferred income	1,029	9,626
Total	60,569	27,712

9.	Creditors after one year

10.	Provisions for liabilities

	2023	2022
	£	£
Net deferred tax liability (asset)	670	105
Total	670	105