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REGISTERED NUMBER: 13838794 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Outstanding Holdings Ltd

Outstanding Holdings Ltd (Registered number: 13838794)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Outstanding Holdings Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr S J Nashir-Hallard
Mr L J Nashir-Hallard





SECRETARY:





REGISTERED OFFICE: 1 Mortimer Street
Birkenhead
Merseyside
CH41 5EU





REGISTERED NUMBER: 13838794 (England and Wales)





ACCOUNTANTS: Lerman Quaile
1 Mortimer Street
Birkenhead
Merseyside
CH41 5EU

Outstanding Holdings Ltd (Registered number: 13838794)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 284,750 301,500
Tangible assets 5 432,894 445,508
Investments 6 44,472 22,972
762,116 769,980

CURRENT ASSETS
Cash at bank and in hand 1,139 30,437

CREDITORS
Amounts falling due within one year 7 31,892 41,414
NET CURRENT LIABILITIES (30,753 ) (10,977 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

731,363

759,003

CREDITORS
Amounts falling due after more than one
year

8

797,708

806,292
NET LIABILITIES (66,345 ) (47,289 )

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings (66,745 ) (47,689 )
(66,345 ) (47,289 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Outstanding Holdings Ltd (Registered number: 13838794)

Balance Sheet - continued
28 February 2025


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 20 May 2025 and were signed on its behalf by:





Mr S J Nashir-Hallard - Director


Outstanding Holdings Ltd (Registered number: 13838794)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Outstanding Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Outstanding Holdings Ltd (Registered number: 13838794)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 335,000
AMORTISATION
At 1 March 2024 33,500
Charge for year 16,750
At 28 February 2025 50,250
NET BOOK VALUE
At 28 February 2025 284,750
At 29 February 2024 301,500

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 430,736 40,000 470,736
DEPRECIATION
At 1 March 2024 17,228 8,000 25,228
Charge for year 8,614 4,000 12,614
At 28 February 2025 25,842 12,000 37,842
NET BOOK VALUE
At 28 February 2025 404,894 28,000 432,894
At 29 February 2024 413,508 32,000 445,508

6. FIXED ASSET INVESTMENTS

28.2.25 29.2.24
£    £   
Shares in group undertakings 1,200 1,200
Loans to undertakings in which the company
has a participating interest

43,272

21,772
44,472 22,972

Outstanding Holdings Ltd (Registered number: 13838794)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 March 2024
and 28 February 2025 1,200
NET BOOK VALUE
At 28 February 2025 1,200
At 29 February 2024 1,200
Loans to
associates
£   
At 1 March 2024 21,772
New in year 23,500
Repayment in year (2,000 )
At 28 February 2025 43,272

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors - 1
Amounts owed to associates 29,535 40,000
Taxation and social security 1,157 213
Other creditors 1,200 1,200
31,892 41,414

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans 797,708 806,292

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 797,708 806,292

9. RELATED PARTY DISCLOSURES

The company lent £13,000 to London House Stores Ltd during the period. A business 100% wholly owned by the company. At the balance sheet date the company was owed £34,772.

The company also lent Spar Dyffryn Limited £8,500. Businesses 100% wholly owned by the company.

The company also owed £29,535 to Spar Tremadog Limited, at the balance sheet date. A businesses 100% wholly owned by the company.