Company Registration No. 09575191 (England and Wales)
THE OUTLANDERS LIMITED
Unaudited accounts
for the year ended 31 May 2024
THE OUTLANDERS LIMITED
Unaudited accounts
Contents
THE OUTLANDERS LIMITED
Company Information
for the year ended 31 May 2024
Directors
Oluwaferanmi Ogunseyinde
Oluwaferanmi Ogunseyinde
Company Number
09575191 (England and Wales)
Registered Office
129
Columbine Close
Rochester
ME2 2YD
United Kingdom
Accountants
Accounts Fortress Limited
14
Eleanor close
Dartford
Kent
DA1 5GQ
THE OUTLANDERS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
4,048
3,907
Cash at bank and in hand
3,008
61
Creditors: amounts falling due within one year
(4,494)
(3,756)
Net current assets/(liabilities)
565
(2,985)
Total assets less current liabilities
4,613
922
Creditors: amounts falling due after more than one year
(4,573)
(7,644)
Net assets/(liabilities)
40
(6,722)
Called up share capital
1
1
Profit and loss account
39
(6,723)
Shareholders' funds
40
(6,722)
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
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 of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Oluwaferanmi Ogunseyinde
Director
Company Registration No. 09575191
THE OUTLANDERS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
THE OUTLANDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09575191. The registered office is 129, Columbine Close, Rochester, ME2 2YD, United Kingdom.
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 year, 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 £ 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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
4,604
2,992
7,596
At 31 May 2024
6,366
2,992
9,358
At 1 June 2023
2,820
869
3,689
Charge for the year
1,023
598
1,621
At 31 May 2024
3,843
1,467
5,310
At 31 May 2024
2,523
1,525
4,048
At 31 May 2023
1,784
2,123
3,907
Amounts falling due within one year
THE OUTLANDERS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,135
3,006
Taxes and social security
609
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).