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REGISTERED NUMBER: 12335772 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

THOUGHTFULLY OUTDOORS LTD

THOUGHTFULLY OUTDOORS LTD (REGISTERED NUMBER: 12335772)

Contents of the Financial Statements
for the year ended 30 November 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THOUGHTFULLY OUTDOORS LTD

Company Information
for the year ended 30 November 2024







Directors: Mr C F Thompson
Mrs A Field





Registered office: 23 Algitha Road
Skegness
Lincolnshire
PE25 2AG





Registered number: 12335772 (England and Wales)





Accountants: Haines Watts
23 Algitha Road
Skegness
United Kingdom
PE25 2AG

THOUGHTFULLY OUTDOORS LTD (REGISTERED NUMBER: 12335772)

Statement of Financial Position
30 November 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 178,518 158,525

Current assets
Debtors 5 19,114 9,593
Cash at bank 10,637 1,742
29,751 11,335
Creditors
Amounts falling due within one year 6 180,779 168,487
Net current liabilities (151,028 ) (157,152 )
Total assets less current liabilities 27,490 1,373

Creditors
Amounts falling due after more than one year 7 (1,657 ) (3,660 )

Provisions for liabilities (13,893 ) (9,814 )
Net assets/(liabilities) 11,940 (12,101 )

Capital and reserves
Called up share capital 100 100
Retained earnings 11,840 (12,201 )
11,940 (12,101 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

THOUGHTFULLY OUTDOORS LTD (REGISTERED NUMBER: 12335772)

Statement of Financial Position - continued
30 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 6 August 2025 and were signed on its behalf by:




Mrs A Field - Director



Mr C F Thompson - Director


THOUGHTFULLY OUTDOORS LTD (REGISTERED NUMBER: 12335772)

Notes to the Financial Statements
for the year ended 30 November 2024


1. Statutory information

Thoughtfully Outdoors 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 as modified by the revaluation of certain assets.

At the period end the Company had net current liabilities of £151,028 (2023 £157,152) . The Directors are aware of this and are willing to support the Company.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2023 - 2 ) .

THOUGHTFULLY OUTDOORS LTD (REGISTERED NUMBER: 12335772)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


4. Tangible fixed assets
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
Cost or valuation
At 1 December 2023 100,642 59,186 2,234 6,500 168,562
Additions - 28,442 - 5,750 34,192
Disposals - - - (4,000 ) (4,000 )
At 30 November 2024 100,642 87,628 2,234 8,250 198,754
Depreciation
At 1 December 2023 - 6,146 869 3,022 10,037
Charge for year - 11,189 205 1,539 12,933
Eliminated on disposal - - - (2,734 ) (2,734 )
At 30 November 2024 - 17,335 1,074 1,827 20,236
Net book value
At 30 November 2024 100,642 70,293 1,160 6,423 178,518
At 30 November 2023 100,642 53,040 1,365 3,478 158,525

Cost or valuation at 30 November 2024 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
Valuation in 2021 13,001 - 1,125 - 14,126
Cost 87,641 87,628 1,109 8,250 184,628
100,642 87,628 2,234 8,250 198,754

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 2,619 -
Other debtors 16,495 9,593
19,114 9,593

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 1,800 1,600
Trade creditors 4,255 -
Other creditors 174,724 166,887
180,779 168,487

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 1,657 3,660