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REGISTERED NUMBER: 10022155 (England and Wales)













OUTPOST CDF LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023






OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OUTPOST CDF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTORS: Mr MG Jones
Ms SG Smith





REGISTERED OFFICE: Hard Lines, Ground Floor Ty Cefn
Old Building
Rectory Road
Cardff
CF5 1QL





REGISTERED NUMBER: 10022155 (England and Wales)





ACCOUNTANTS: Davies Williams Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 130,999 157,520

CURRENT ASSETS
Stocks 48,000 30,000
Debtors 5 48,574 30,787
Cash at bank and in hand 317,934 202,982
414,508 263,769
CREDITORS
Amounts falling due within one year 6 67,562 35,754
NET CURRENT ASSETS 346,946 228,015
TOTAL ASSETS LESS CURRENT LIABILITIES 477,945 385,535

CREDITORS
Amounts falling due after more than one
year

7

(88,796

)

(92,269

)

PROVISIONS FOR LIABILITIES 8 (24,708 ) (29,929 )
NET ASSETS 364,441 263,337

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 364,440 263,336
SHAREHOLDERS' FUNDS 364,441 263,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 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.

OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

BALANCE SHEET - continued
28TH FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th November 2023 and were signed on its behalf by:




Ms SG Smith - Director



Mr MG Jones - Director


OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023


1. STATUTORY INFORMATION

Outpost Cdf Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% straight line on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2022 210,088 2,500 - 212,588
Additions 16,396 - 249 16,645
Disposals (32,289 ) - - (32,289 )
At 28th February 2023 194,195 2,500 249 196,944
DEPRECIATION
At 1st March 2022 53,622 1,446 - 55,068
Charge for year 22,947 264 82 23,293
Eliminated on disposal (12,416 ) - - (12,416 )
At 28th February 2023 64,153 1,710 82 65,945
NET BOOK VALUE
At 28th February 2023 130,042 790 167 130,999
At 28th February 2022 156,466 1,054 - 157,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 38,656 18,372
Other debtors 9,918 12,415
48,574 30,787

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,478 5,616
Trade creditors 188 -
Taxation and social security 48,874 22,244
Other creditors 13,022 7,894
67,562 35,754

OUTPOST CDF LIMITED (REGISTERED NUMBER: 10022155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 12,125 17,512
Other creditors 76,671 74,757
88,796 92,269

Other creditors represent loans from investors of £50,000 and balances owed to an associated company of £26,671.

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 24,708 29,929

Deferred
tax
£   
Balance at 1st March 2022 29,929
Credit to Statement of Income and Retained Earnings during year (5,221 )
Balance at 28th February 2023 24,708