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REGISTERED NUMBER: 03468893 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

THE OUTDOOR ROOM LTD.

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THE OUTDOOR ROOM LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: G R Barrett
M Britton
D R Dodd
J P Sponder





REGISTERED OFFICE: First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY





REGISTERED NUMBER: 03468893 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Horsham) Limited
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 177,696 115,013
177,696 115,013

CURRENT ASSETS
Debtors 5 886,725 861,065
Cash at bank 752,367 811,435
1,639,092 1,672,500
CREDITORS
Amounts falling due within one year 6 210,288 284,998
NET CURRENT ASSETS 1,428,804 1,387,502
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,606,500

1,502,515

CREDITORS
Amounts falling due after more than one
year

7

(61,889

)

(33,382

)

PROVISIONS FOR LIABILITIES (41,075 ) (18,459 )
NET ASSETS 1,503,536 1,450,674

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,503,436 1,450,574
SHAREHOLDERS' FUNDS 1,503,536 1,450,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

STATEMENT OF FINANCIAL POSITION - continued
30TH NOVEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd April 2025 and were signed on its behalf by:





D R Dodd - Director


THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from garden and landscaping services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the service agreed.

Retentions are recognised upon commencement of the service and held in the balance sheet until the point of completion Upon completion, retentions held are recognised as turnover.

When the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised on a reducing balance at 25% annually.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - straight line over 3 years
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently carried at fair value, with adjustments through the profit or loss.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024


2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

3. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1st December 2023
and 30th November 2024 4,404
AMORTISATION
At 1st December 2023
and 30th November 2024 4,404
NET BOOK VALUE
At 30th November 2024 -
At 30th November 2023 -

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
COST
At 1st December 2023 22,329 92,366 8,260
Additions - 44,648 1,546
Disposals - (7,649 ) (1,414 )
At 30th November 2024 22,329 129,365 8,392
DEPRECIATION
At 1st December 2023 4,466 88,759 2,065
Charge for year 4,466 12,364 2,098
Eliminated on disposal - (7,649 ) (353 )
At 30th November 2024 8,932 93,474 3,810
NET BOOK VALUE
At 30th November 2024 13,397 35,891 4,582
At 30th November 2023 17,863 3,607 6,195

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st December 2023 333,765 16,760 473,480
Additions 107,708 - 153,902
Disposals (18,982 ) (750 ) (28,795 )
At 30th November 2024 422,491 16,010 598,587
DEPRECIATION
At 1st December 2023 246,792 16,385 358,467
Charge for year 70,855 375 90,158
Eliminated on disposal (18,982 ) (750 ) (27,734 )
At 30th November 2024 298,665 16,010 420,891
NET BOOK VALUE
At 30th November 2024 123,826 - 177,696
At 30th November 2023 86,973 375 115,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 46,218 24,239
Other debtors 733,735 734,624
Prepayments and accrued income 106,772 102,202
886,725 861,065

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 56,786 28,000
Trade creditors 74,841 70,171
Tax 8,503 74,170
Social security and other taxes 25,564 46,930
VAT 3,860 -
Other creditors 9,426 15,550
Directors' current accounts 27,708 28,165
Accrued expenses 3,600 22,012
210,288 284,998

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 61,889 33,382

THE OUTDOOR ROOM LTD. (REGISTERED NUMBER: 03468893)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024


8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 56,786 28,000
Between one and five years 61,889 33,382
118,675 61,382

Non-cancellable operating leases
2024 2023
£    £   
Within one year 28,000 28,000
Between one and five years 63,000 84,000
In more than five years - 7,000
91,000 119,000

9. RELATED PARTY DISCLOSURES

At the year end the company owed to a related party £27,707 (2023- £28,165) .The loan is interest free and repayable on demand.

At the year end the company was due from related parties £730,935 (2023- £731,824) .The loans were interest free and repayable on demand.