Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08230644 Mr Matthew Horbacki iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08230644 2023-09-30 08230644 2024-09-30 08230644 2023-10-01 2024-09-30 08230644 frs-core:CurrentFinancialInstruments 2024-09-30 08230644 frs-core:Non-currentFinancialInstruments 2024-09-30 08230644 frs-core:BetweenOneFiveYears 2024-09-30 08230644 frs-core:ComputerEquipment 2024-09-30 08230644 frs-core:ComputerEquipment 2023-10-01 2024-09-30 08230644 frs-core:ComputerEquipment 2023-09-30 08230644 frs-core:FurnitureFittings 2024-09-30 08230644 frs-core:FurnitureFittings 2023-10-01 2024-09-30 08230644 frs-core:FurnitureFittings 2023-09-30 08230644 frs-core:MotorVehicles 2024-09-30 08230644 frs-core:MotorVehicles 2023-10-01 2024-09-30 08230644 frs-core:MotorVehicles 2023-09-30 08230644 frs-core:PlantMachinery 2024-09-30 08230644 frs-core:PlantMachinery 2023-10-01 2024-09-30 08230644 frs-core:PlantMachinery 2023-09-30 08230644 frs-core:WithinOneYear 2024-09-30 08230644 frs-core:ShareCapital 2024-09-30 08230644 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08230644 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08230644 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08230644 frs-bus:SmallEntities 2023-10-01 2024-09-30 08230644 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08230644 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08230644 frs-bus:Director1 2023-10-01 2024-09-30 08230644 frs-core:CurrentFinancialInstruments 1 2024-09-30 08230644 frs-core:Non-currentFinancialInstruments 1 2024-09-30 08230644 frs-core:CurrentFinancialInstruments 2 2024-09-30 08230644 frs-core:CurrentFinancialInstruments 3 2024-09-30 08230644 frs-countries:EnglandWales 2023-10-01 2024-09-30 08230644 2022-09-30 08230644 2023-09-30 08230644 2022-10-01 2023-09-30 08230644 frs-core:CurrentFinancialInstruments 2023-09-30 08230644 frs-core:Non-currentFinancialInstruments 2023-09-30 08230644 frs-core:BetweenOneFiveYears 2023-09-30 08230644 frs-core:WithinOneYear 2023-09-30 08230644 frs-core:ShareCapital 2023-09-30 08230644 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 08230644 frs-core:CurrentFinancialInstruments 1 2023-09-30 08230644 frs-core:Non-currentFinancialInstruments 1 2023-09-30 08230644 frs-core:CurrentFinancialInstruments 2 2023-09-30 08230644 frs-core:CurrentFinancialInstruments 3 2023-09-30
Registered number: 08230644
Outdoor Logistics UK Ltd.
Financial Statements
For The Year Ended 30 September 2024
MAS Accountancy Limited
39 High Street
Orpington
BR6 0JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08230644
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 56,454 50,884
56,454 50,884
CURRENT ASSETS
Stocks 5 96,500 70,000
Debtors 6 118,700 68,762
Cash at bank and in hand 3,161 12,991
218,361 151,753
Creditors: Amounts Falling Due Within One Year 7 (134,510 ) (57,076 )
NET CURRENT ASSETS (LIABILITIES) 83,851 94,677
TOTAL ASSETS LESS CURRENT LIABILITIES 140,305 145,561
Creditors: Amounts Falling Due After More Than One Year 8 (37,478 ) (17,399 )
NET ASSETS 102,827 128,162
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 102,727 128,062
SHAREHOLDERS' FUNDS 102,827 128,162
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Matthew Horbacki
Director
22 November 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Outdoor Logistics UK Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 08230644 . The registered office is 39 High Street, Orpington, Kent, BR6 0JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 10,995 167,610 7,000 11,980 197,585
Additions - 24,080 - 307 24,387
As at 30 September 2024 10,995 191,690 7,000 12,287 221,972
Depreciation
As at 1 October 2023 2,749 126,071 7,000 10,881 146,701
Provided during the period 2,061 16,404 - 352 18,817
As at 30 September 2024 4,810 142,475 7,000 11,233 165,518
Net Book Value
As at 30 September 2024 6,185 49,215 - 1,054 56,454
As at 1 October 2023 8,246 41,539 - 1,099 50,884
5. Stocks
2024 2023
£ £
Stock 96,500 -
Stock - 70,000
96,500 70,000
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 93,104 65,162
Other debtors 3,600 3,600
Other taxes and social security 1,608 -
Director's loan account 20,388 -
118,700 68,762
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,876 5,809
Trade creditors 95,602 29,999
Bank loans and overdrafts 1,325 -
Corporation tax - 169
VAT 18,659 9,966
Pensions Payable 308 177
Bounce Back Loan < 12 Months 10,000 10,000
Other creditors - Credit Card 740 740
Director's loan account - 216
134,510 57,076
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,731 652
Other loans 20,000 -
Bounce Back Loan 6,747 16,747
37,478 17,399
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,876 5,809
Later than one year and not later than five years 10,731 652
18,607 6,461
18,607 6,461
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
11. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 30,000 72,000
Page 6