Company Registration No. 10613251 (England and Wales)
OUTPERFORM INVEST LIMITED
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
OUTPERFORM INVEST LIMITED
Unaudited accounts
Contents
OUTPERFORM INVEST LIMITED
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
10613251 (England and Wales)
Registered Office
14 ANDERSON PLACE
BAGSHOT
SURREY
GU19 5LX
ENGLAND
Accountants
RAJB CONSULTANTS LIMITED
14 ANDERSON PLACE
BAGSHOT
Surrey
GU19 5LX
OUTPERFORM INVEST LIMITED
Accountants' report
Accountants' report to the director of OUTPERFORM INVEST LIMITED on the preparation of the unaudited statutory accounts for the period from 1 March 2023 to 28 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
OUTPERFORM INVEST LIMITED for the period from
1 March 2023 to
28 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OUTPERFORM INVEST LIMITED, as a body, in accordance with the terms of our engagement letter dated 29 February 2020. Our work has been undertaken solely to prepare for your approval the accounts of OUTPERFORM INVEST LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OUTPERFORM INVEST LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OUTPERFORM INVEST LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of OUTPERFORM INVEST LIMITED. You consider that OUTPERFORM INVEST LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of OUTPERFORM INVEST 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 accounts.
RAJB CONSULTANTS LIMITED
14 ANDERSON PLACE
BAGSHOT
Surrey
GU19 5LX
20 November 2024
OUTPERFORM INVEST LIMITED
Statement of financial position
as at 28 February 2024
Tangible assets
1,048
1,398
Cash at bank and in hand
2
574
Creditors: amounts falling due within one year
(14,514)
(12,451)
Net current liabilities
(14,512)
(11,877)
Net liabilities
(13,464)
(10,479)
Called up share capital
1
1
Profit and loss account
(13,465)
(10,480)
Shareholders' funds
(13,464)
(10,479)
For the period ending 28 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2024 and were signed on its behalf by
MATTHEW GRANT
Director
Company Registration No. 10613251
OUTPERFORM INVEST LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
OUTPERFORM INVEST LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10613251. The registered office is 14 ANDERSON PLACE, BAGSHOT, SURREY, GU19 5LX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ã sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on written down value
Computer equipment
25% on written down value
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
430
2,900
3,330
At 28 February 2024
430
2,900
3,330
At 1 March 2023
255
1,677
1,932
Charge for the period
44
306
350
At 28 February 2024
299
1,983
2,282
At 28 February 2024
131
917
1,048
At 28 February 2023
175
1,223
1,398
OUTPERFORM INVEST LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,347
7,193
Taxes and social security
-
5,236
Loans from directors
9,167
22
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).