2023-09-01 12820435 2024-08-31 12820435 2023-09-01 2024-08-31 12820435 2023-08-31 12820435 2022-09-01 2023-08-31 12820435 uk-core:WithinOneYear 2023-08-31 12820435 uk-core:WithinOneYear 2024-08-31 12820435 uk-core:ShareCapital 2024-08-31 12820435 uk-core:ShareCapital 2023-08-31 12820435 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 12820435 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 12820435 uk-bus:Director1 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure 12820435 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12820435 uk-bus:FRS102 2023-09-01 2024-08-31 12820435 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 12820435 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Petrichor Outdoor Ltd
Registered Number:12820435
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Petrichor Outdoor Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12820435
As at 31 August 2024
Petrichor Outdoor Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Inventories
9,824
9,114
2
10,049
Cash and cash equivalents
13,057
22,171
19,873
Trade and other payables: amounts falling due within one
year
(33,181)
(36,803)
3
(13,308)
(14,632)
Net current liabilities
Total assets less current liabilities
(14,632)
(13,308)
(14,632)
Net liabilities
(13,308)
Capital and reserves
Called up share capital
20
20
Retained earnings
(14,652)
(13,328)
(14,632)
(13,308)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Miss C Goodman Director
These financial statements were approved and authorised for issue by the Board on 28 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Petrichor Outdoor Ltd
Notes to the Financial Statements
Statutory Information
Petrichor Outdoor Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12820435.
Registered address:
F2 East Court
Enterprise Road
Maidstone, Kent
England
ME15 6JF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates for the provision of bike sportswear. Turnover is recognised in the period when significant risks and rewards of ownership has transferred to the buyer.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Going concern
As at 31 August 2024, the company had current liabilities and net current liabilities of £14,632 (2023:£13,308). The
director has reviewed the working capital available at 31 August 2024 and is satisfied that the company will continue
operating for at least the next 12 months from the signing of these accounts and pay its debts as they fall due. The
director has therefore concluded that the accounts should be prepared on a going concern basis.
2. Inventories
2023
2024
£
£
Stocks
9,114
9,824
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Other creditors
36,803
33,181
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5
For the year ended 31 August 2024
Petrichor Outdoor Ltd
Notes to the Financial Statements Continued
4. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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