Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-10-0122falsefalse 02013618 2023-10-01 2024-09-30 02013618 2022-10-01 2023-09-30 02013618 2024-09-30 02013618 2023-09-30 02013618 2022-10-01 02013618 4 2023-10-01 2024-09-30 02013618 d:CompanySecretary1 2023-10-01 2024-09-30 02013618 d:Director1 2023-10-01 2024-09-30 02013618 d:Director2 2023-10-01 2024-09-30 02013618 d:RegisteredOffice 2023-10-01 2024-09-30 02013618 e:Buildings 2023-10-01 2024-09-30 02013618 e:Buildings 2024-09-30 02013618 e:Buildings 2023-09-30 02013618 e:Buildings e:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 02013618 e:CurrentFinancialInstruments 2024-09-30 02013618 e:CurrentFinancialInstruments 2023-09-30 02013618 e:CurrentFinancialInstruments e:WithinOneYear 2024-09-30 02013618 e:CurrentFinancialInstruments e:WithinOneYear 2023-09-30 02013618 e:ShareCapital 2023-10-01 2024-09-30 02013618 e:ShareCapital 2024-09-30 02013618 e:ShareCapital 2022-10-01 2023-09-30 02013618 e:ShareCapital 2023-09-30 02013618 e:ShareCapital 2022-10-01 02013618 e:CapitalRedemptionReserve 2023-10-01 2024-09-30 02013618 e:CapitalRedemptionReserve 2024-09-30 02013618 e:CapitalRedemptionReserve 2022-10-01 2023-09-30 02013618 e:CapitalRedemptionReserve 2023-09-30 02013618 e:CapitalRedemptionReserve 2022-10-01 02013618 e:RevaluationReserve 2023-10-01 2024-09-30 02013618 e:RevaluationReserve 2024-09-30 02013618 e:RevaluationReserve 2022-10-01 2023-09-30 02013618 e:RevaluationReserve 2023-09-30 02013618 e:RevaluationReserve 2022-10-01 02013618 e:OtherMiscellaneousReserve 2024-09-30 02013618 e:OtherMiscellaneousReserve 2023-09-30 02013618 e:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 02013618 e:RetainedEarningsAccumulatedLosses 2024-09-30 02013618 e:RetainedEarningsAccumulatedLosses 4 2023-10-01 2024-09-30 02013618 e:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 02013618 e:RetainedEarningsAccumulatedLosses 2023-09-30 02013618 e:RetainedEarningsAccumulatedLosses 2022-10-01 02013618 d:OrdinaryShareClass1 2023-10-01 2024-09-30 02013618 d:OrdinaryShareClass1 2024-09-30 02013618 d:OrdinaryShareClass1 2023-09-30 02013618 d:OrdinaryShareClass2 2023-10-01 2024-09-30 02013618 d:OrdinaryShareClass2 2024-09-30 02013618 d:OrdinaryShareClass2 2023-09-30 02013618 d:OrdinaryShareClass3 2023-10-01 2024-09-30 02013618 d:OrdinaryShareClass3 2024-09-30 02013618 d:OrdinaryShareClass3 2023-09-30 02013618 d:FRS102 2023-10-01 2024-09-30 02013618 d:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 02013618 d:AbridgedAccounts 2023-10-01 2024-09-30 02013618 d:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02013618 6 2023-10-01 2024-09-30 02013618 f:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02013618










OUTSIDE HOLDINGS LIMITED

Unaudited
Financial statements
Information for filing with the registrar
For the year ended 30 September 2024

 
OUTSIDE HOLDINGS LIMITED
 

Company Information


Directors
R Turnbull 
Mrs S Turnbull 




Company secretary
Mrs J Edey



Registered number
02013618



Registered office
Main Road
Hathersage

Hope Valley

Derbyshire

S32 1BB





 
OUTSIDE HOLDINGS LIMITED
Registered number: 02013618

Balance sheet
As at 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
690,000
702,000

Investments
 5 
10,090
10,090

  
700,090
712,090

Current assets
  

Debtors
 6 
394,038
395,994

Cash at bank and in hand
  
1,355
97,334

  
395,393
493,328

Creditors: amounts falling due within one year
  
(6,192)
(20,926)

Net current assets
  
 
 
389,201
 
 
472,402

Total assets less current liabilities
  
1,089,291
1,184,492

Provisions for liabilities
  
(18,360)
(18,768)

Net assets
  
1,070,931
1,165,724


Capital and reserves
  

Called up share capital 
 8 
26,500
26,500

Revaluation reserve
 9 
205,686
210,190

Other reserves
  
3,510
3,510

Profit and loss account
 9 
835,235
925,524

  
1,070,931
1,165,724


Page 1

 
OUTSIDE HOLDINGS LIMITED
Registered number: 02013618

Balance sheet (continued)
As at 30 September 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 November 2024.


R Turnbull
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
OUTSIDE HOLDINGS LIMITED
 

Statement of changes in equity
For the year ended 30 September 2024


Called up share capital
Capital redemption reserve
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 October 2023
26,500
3,510
210,190
925,524
1,165,724


Comprehensive income for the year

Loss for the year

-
-
-
(12,745)
(12,745)

Deferred tax movements
-
-
-
408
408


Other comprehensive income for the year
-
-
-
408
408


Total comprehensive income for the year
-
-
-
(12,337)
(12,337)


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(82,456)
(82,456)

Transfer to/from profit and loss account
-
-
(4,504)
4,504
-


Total transactions with owners
-
-
(4,504)
(77,952)
(82,456)


At 30 September 2024
26,500
3,510
205,686
835,235
1,070,931


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
OUTSIDE HOLDINGS LIMITED
 

Statement of changes in equity
For the year ended 30 September 2023


Called up share capital
Capital redemption reserve
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 October 2022
26,500
3,510
213,694
1,077,801
1,321,505


Comprehensive income for the year

Profit for the year

-
-
-
43,410
43,410


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
43,410
43,410


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(199,191)
(199,191)

Transfer to/from profit and loss account
-
-
(3,504)
3,504
-


Total transactions with owners
-
-
(3,504)
(195,687)
(199,191)


At 30 September 2023
26,500
3,510
210,190
925,524
1,165,724


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
OUTSIDE HOLDINGS LIMITED
 

 
Notes to the financial statements
For the year ended 30 September 2024

1.


General information

Outside Holdings Limited is a private company limited by shares incorporated in England within the United Kingdom.  The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

 
2.4

Current and deferred taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.  It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods.  It is recognised in respect of all timing differences, with certain exceptions.  Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.  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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.  Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Page 5

 
OUTSIDE HOLDINGS LIMITED
 

 
Notes to the financial statements
For the year ended 30 September 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

The company has elected to measure the deemed cost of investment property rented to other group entities at the fair value on the date of transition for the Triennial Review 2017 amendments.

 
2.6

Investment property

Investment property rented to other group entities and accounted for as property, plant and equipment under the cost model is stated at deemed cost being the fair value on the date of transition less accumulated depreciation and any accumulated impairment losses.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 6

 
OUTSIDE HOLDINGS LIMITED
 

 
Notes to the financial statements
For the year ended 30 September 2024

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 7

 
OUTSIDE HOLDINGS LIMITED
 

 
Notes to the financial statements
For the year ended 30 September 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 October 2023
750,000



At 30 September 2024

750,000



Depreciation


At 1 October 2023
48,000


Charge for the year on owned assets
12,000



At 30 September 2024

60,000



Net book value



At 30 September 2024
690,000



At 30 September 2023
702,000

The carrying amount of investment property, which the Company rents to another group entity when it has chosen to account for such properties using the cost model is £690,000 (2023 £702,000) 


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
10,090



At 30 September 2024
10,090




Page 8

 
OUTSIDE HOLDINGS LIMITED
 

 
Notes to the financial statements
For the year ended 30 September 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
394,038
395,994

394,038
395,994



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,355
97,334

1,355
97,334



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



17,995 (2023 -17,995) A Ordinary shares of £1.00 each
17,995
17,995
5,805 (2023 -5,805) B Ordinary shares of £1.00 each
5,805
5,805
2,700 (2023 -2,700) C Ordinary shares of £1.00 each
2,700
2,700

26,500

26,500



9.


Reserves

During the year £4,504 was transferred from the revaluation reserve to the profit and loss reserve to reflect the difference between the depreciation based on the revalued amount of fixed assets and depreciation based on the original cost, net of the corresponding deferred tax movement.


Page 9