Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-302021-10-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity1falsetrue 13653502 2021-09-30 13653502 2021-10-01 2022-09-30 13653502 2020-10-01 2021-09-30 13653502 2022-09-30 13653502 c:Director1 2021-10-01 2022-09-30 13653502 d:CurrentFinancialInstruments 2022-09-30 13653502 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13653502 d:ShareCapital 2022-09-30 13653502 d:RetainedEarningsAccumulatedLosses 2022-09-30 13653502 c:OrdinaryShareClass1 2021-10-01 2022-09-30 13653502 c:OrdinaryShareClass1 2022-09-30 13653502 c:FRS102 2021-10-01 2022-09-30 13653502 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-09-30 13653502 c:FullAccounts 2021-10-01 2022-09-30 13653502 c:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13653502









EXPERIENCE THE OUTDOORS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2022

 
EXPERIENCE THE OUTDOORS LTD
REGISTERED NUMBER: 13653502

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022

2022
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
60,497

Cash at bank and in hand
  
3,448

  
63,945

Creditors: amounts falling due within one year
 6 
(341,128)

Net current liabilities
  
 
 
(277,183)

Total assets less current liabilities
  
(277,183)

  

Net liabilities
  
(277,183)


Capital and reserves
  

Called up share capital 
 7 
1

Profit and loss account
  
(277,184)

  
(277,183)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 February 2024.




A McKenzie Wylie
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
EXPERIENCE THE OUTDOORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

1.


General information

Experience The Outdoors Ltd is a private company, limited by shares, registered in England and Wales. The company's registered office address is 124 Finchley Road, London, England, NW3 5JS.
The company was incorporated on 30 September 2021 and started trading on the following day. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentational currency is GBP.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is showing net liabilities at the reporting date. The company meets its day to day working capital requirements through its own resources and an intercompany loan.
After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director therefore continues to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises of box office sales of a theatrical production, net of commissions and banking charges and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurred

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 2

 
EXPERIENCE THE OUTDOORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the reporting date based on invoices received after the period end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.


4.


Employees

The average monthly number of employees, including directors, during the year was 1.


5.


Debtors

2022
£


Trade debtors
59,497

Other debtors
1,000

60,497



6.


Creditors: Amounts falling due within one year

2022
£

Amounts owed to group undertakings
132,869

Accruals
208,259

341,128



7.


Share capital

2022
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation, 1 Ordinary share of £1 was issued for cash at par.

Page 3

 
EXPERIENCE THE OUTDOORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

8.


Related party transactions

The company is a wholly owned subsidiary within a group and accordingly has taken advantage of the exemptions provided by Financial Reporting Standard 102 not to disclose transactions with the other group entities including its parent and fellow subsidiary undertakings.


9.


Controlling party

The company's immediate parent and controlling party is Histrionic Productions Ltd, a company incorporated in England. The company's registered number is 11093924.
 
Page 4