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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
Page
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CUSTOM OUTDOOR LIVING LTD Company Information for the period from 1 March 2023 to 31 August 2024
Director
Kurt Becker
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
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CUSTOM OUTDOOR LIVING LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
52,464 
Current assets
Inventories
- 
3,900 
Debtors
6,818 
9,285 
Cash at bank and in hand
- 
19,522 
6,818 
32,707 
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 
Capital and reserves
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
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CUSTOM OUTDOOR LIVING LTD Notes to the Accounts for the period from 1 March 2023 to 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 31 August 2024
- 
- 
- 
Depreciation
At 1 March 2023
4,885 
12,225 
17,110 
On disposals
(4,885)
(12,225)
(17,110)
At 31 August 2024
- 
- 
- 
Net book value
At 31 August 2024
- 
- 
- 
At 28 February 2023
3,565 
48,899 
52,464 
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CUSTOM OUTDOOR LIVING LTD Notes to the Accounts for the period from 1 March 2023 to 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,285 
Other debtors
6,818 
- 
6,818 
9,285 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,763 
- 
VAT
3,991 
3,591 
Obligations under finance leases and hire purchase contracts
- 
61,739 
Taxes and social security
- 
3,324 
Accruals
625 
725 
13,379 
69,379 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
4,156 
8
Share capital
2024 
2023 
£ 
£ 
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).
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