Company Registration No. 12468720 (England and Wales)
CUSTOM OUTDOOR LIVING LTD
Unaudited accounts
for the period from 1 March 2023 to 31 August 2024
CUSTOM OUTDOOR LIVING LTD
Unaudited accounts
Contents
CUSTOM OUTDOOR LIVING LTD
Company Information
for the period from 1 March 2023 to 31 August 2024
Company Number
12468720 (England and Wales)
Registered Office
43 BARLEY WAY
ATTLEBOROUGH
NR17 1YD
ENGLAND
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
CUSTOM OUTDOOR LIVING LTD
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
-
19,522
Creditors: amounts falling due within one year
(13,379)
(69,379)
Net current liabilities
(6,561)
(36,672)
Total assets less current liabilities
(6,561)
15,792
Creditors: amounts falling due after more than one year
-
(4,156)
Net (liabilities)/assets
(6,561)
11,636
Called up share capital
50
50
Profit and loss account
(6,611)
11,586
Shareholders' funds
(6,561)
11,636
For the period ending 31 August 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 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 6 February 2025 and were signed on its behalf by
Kurt Becker
Director
Company Registration No. 12468720
CUSTOM OUTDOOR LIVING LTD
Notes to the Accounts
for the period from 1 March 2023 to 31 August 2024
CUSTOM OUTDOOR LIVING LTD is a private company, limited by shares, registered in England and Wales, registration number 12468720. The registered office is 43 BARLEY WAY, ATTLEBOROUGH, NR17 1YD, 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 £ sterling.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
8,450
61,124
69,574
Disposals
(8,450)
(61,124)
(69,574)
At 1 March 2023
4,885
12,225
17,110
On disposals
(4,885)
(12,225)
(17,110)
At 28 February 2023
3,565
48,899
52,464
CUSTOM OUTDOOR LIVING LTD
Notes to the Accounts
for the period from 1 March 2023 to 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,763
-
Obligations under finance leases and hire purchase contracts
-
61,739
Taxes and social security
-
3,324
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
4,156
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
9
Average number of employees
During the period the average number of employees was 1 (2023: 1).