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Registered Number: 14513544


 

 

 


Unaudited Financial Statements


for the year ended 30 November 2024

for

OUTCOME ESTATES LTD

 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 270,000    270,000 
270,000    270,000 
Current assets      
Cash at bank and in hand 582    370 
Creditors: amount falling due within one year (78,197)   (75,859)
Net current assets (77,615)   (75,489)
 
Total assets less current liabilities 192,385    194,511 
Creditors: amount falling due after more than one year (202,480)   (202,480)
Accruals and deferred income (180)  
Net assets (10,275)   (7,969)
 

Capital and reserves
     
Profit and loss account (10,275)   (7,969)
Shareholders' funds (10,275)   (7,969)
 


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the director on 28 August 2025 and were signed by:


-------------------------------
Mark ONAFEKO-BADMUS
Director
1
General Information
OUTCOME ESTATES LTD is a private company, limited by shares, registered in , registration number 14513544, registration address 15 ORCHARD WAY, CHIGWELL ESSEX, IG7 6EE.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 0).
2