OUT & OUT ORIGINAL LTD

Company Registration Number:
08341104 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2023

Period of accounts

Start date: 01 January 2023

End date: 30 December 2023

OUT & OUT ORIGINAL LTD

Contents of the Financial Statements

for the Period Ended 30 December 2023

Balance sheet
Notes

OUT & OUT ORIGINAL LTD

Balance sheet

As at 30 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 83,640 65,355
Tangible assets: 4 12,788 17,540
Investments:   0 0
Total fixed assets: 96,428 82,895
Current assets
Stocks: 4,738,786 4,524,819
Debtors:   1,396,513 932,301
Cash at bank and in hand: 40,465 726,893
Investments:   0 0
Total current assets: 6,175,764 6,184,013
Creditors: amounts falling due within one year:   (4,800,207) (4,344,307)
Net current assets (liabilities): 1,375,557 1,839,706
Total assets less current liabilities: 1,471,985 1,922,601
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,471,985 1,922,601
Capital and reserves
Called up share capital: 750 750
Share premium account: 949,850 949,850
Profit and loss account: 521,385 972,001
Shareholders funds: 1,471,985 1,922,601

The notes form part of these financial statements

OUT & OUT ORIGINAL LTD

Balance sheet statements

For the year ending 30 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 24 October 2024
and signed on behalf of the board by:

Name: Daniel Fairburn
Status: Director

The notes form part of these financial statements

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

2. Employees

2023 2022
Average number of employees during the period 8 11

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 73,730
Additions 33,434
Disposals 0
Revaluations 0
At 30 December 2023 107,164
Amortisation
At 01 January 2023 8,375
Charge for year 15,149
On disposals 0
Other adjustments 0
At 30 December 2023 23,524
Net book value
At 30 December 2023 83,640
At 31 December 2022 65,355

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 160,597
Additions 9,339
Disposals (11,139)
Revaluations 0
Transfers 0
At 30 December 2023 158,797
Depreciation
At 01 January 2023 143,057
Charge for year 6,585
On disposals (3,633)
At 30 December 2023 146,009
Net book value
At 30 December 2023 12,788
At 31 December 2022 17,540

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

5. Loans to directors

Name of director receiving advance or credit: Andre Schoemakers
Description of the loan: ncluded in other creditors is a balance of £46,656 (2021 - £46,668) due to the director,
£
Balance at 01 January 2023 46,668
Advances or credits made: 0
Advances or credits repaid: 0
Balance at 30 December 2023 46,668

OUT & OUT ORIGINAL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

6. Related party transactions

Name of the related party: Andre Schoemakers
Relationship:
Director
Description of the Transaction: Included in other creditors is a balance of £46,656 (2021 - £46,668) due to the director, Andre Schoenmakers.
£
Balance at 01 January 2023 46,668
Balance at 30 December 2023 46,668