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REGISTERED NUMBER: 06831896 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Outside5 Ltd

Outside5 Ltd (Registered number: 06831896)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Outside5 Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P J Helyer





REGISTERED OFFICE: Office 9, Dalton House
60 Windsor Avenue
London
SW19 2RR





REGISTERED NUMBER: 06831896 (England and Wales)





ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA

Outside5 Ltd (Registered number: 06831896)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,161 1,734

CURRENT ASSETS
Debtors 5 53,428 44,868
Cash at bank 222 6,765
53,650 51,633
CREDITORS
Amounts falling due within one year 6 54,569 52,952
NET CURRENT LIABILITIES (919 ) (1,319 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

242

415

PROVISIONS FOR LIABILITIES 221 330
NET ASSETS 21 85

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 20 84
SHAREHOLDERS' FUNDS 21 85

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Outside5 Ltd (Registered number: 06831896)

Balance Sheet - continued
29 February 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 director and authorised for issue on 27 November 2024 and were signed by:





P J Helyer - Director


Outside5 Ltd (Registered number: 06831896)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Outside5 Ltd 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 represents net invoices sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 10,829
DEPRECIATION
At 1 March 2023 9,095
Charge for year 573
At 29 February 2024 9,668
NET BOOK VALUE
At 29 February 2024 1,161
At 28 February 2023 1,734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 3,943 -
Other debtors 49,485 44,868
53,428 44,868

Outside5 Ltd (Registered number: 06831896)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 736 2,245
Taxation and social security 52,843 49,735
Other creditors 990 972
54,569 52,952

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
P J Helyer
Balance outstanding at start of year 33,545 32,701
Amounts advanced 24,447 (3,689 )
Amounts repaid (21,011 ) 4,533
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 36,981 33,545

This loan is provided interest free and is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Helyer.