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REGISTERED NUMBER: 07957851 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Outside-In Solutions (Design & Build)
Limited

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Outside-In Solutions (Design & Build)
Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Greenall
C Tams





REGISTERED OFFICE: Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD





REGISTERED NUMBER: 07957851 (England and Wales)





ACCOUNTANTS: Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,196 23,596
Investment property 5 458,373 458,373
480,569 481,969

CURRENT ASSETS
Stocks - 19,672
Debtors 6 65,986 20,573
Cash at bank 98,353 11,295
164,339 51,540
CREDITORS
Amounts falling due within one year 7 63,336 18,519
NET CURRENT ASSETS 101,003 33,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

581,572

514,990

CREDITORS
Amounts falling due after more than one
year

8

(199,890

)

(203,187

)

PROVISIONS FOR LIABILITIES (44,827 ) (43,761 )
NET ASSETS 336,855 268,042

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 179,827 179,827
Retained earnings 156,928 88,115
SHAREHOLDERS' FUNDS 336,855 268,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:





S Greenall - Director


Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Outside-In Solutions (Design & Build) 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment properties are included in the balance sheet at their open market value in accordance with Statement of Standard Accounting Practice 19 and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 30,613
Additions 6,000
At 31 March 2024 36,613
DEPRECIATION
At 1 April 2023 7,017
Charge for year 7,400
At 31 March 2024 14,417
NET BOOK VALUE
At 31 March 2024 22,196
At 31 March 2023 23,596

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 22,070
DEPRECIATION
At 1 April 2023 45
Charge for year 5,506
At 31 March 2024 5,551
NET BOOK VALUE
At 31 March 2024 16,519
At 31 March 2023 22,025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 458,373
NET BOOK VALUE
At 31 March 2024 458,373
At 31 March 2023 458,373

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 458,373

If investment property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 242,972 242,972

Investment property was valued on a fair value basis on 31 March 2024 by S Greenall, the director. .

Outside-In Solutions (Design & Build)
Limited (Registered number: 07957851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 49,884 5,822
Other debtors 16,102 14,751
65,986 20,573

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 3,297 3,297
Trade creditors 1,436 4,250
Taxation and social security 35,019 6,506
Other creditors 23,584 4,466
63,336 18,519

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 9,890 13,187
Other creditors 190,000 190,000
199,890 203,187

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 179,827

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Outside-In Solutions (Design & Build)
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Outside-In Solutions (Design & Build) Limited for the year ended 31 March 2024 which comprise the Income Statement, 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 firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Outside-In Solutions (Design & Build) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Outside-In Solutions (Design & Build) Limited and state those matters that we have agreed to state to the Board of Directors of Outside-In Solutions (Design & Build) Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Outside-In Solutions (Design & Build) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Outside-In Solutions (Design & Build) Limited. You consider that Outside-In Solutions (Design & Build) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Outside-In Solutions (Design & Build) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD


18 July 2024