Outlaw718 Limited

Outlaw718 Limited
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For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Outlaw718 Limited
Statement of Financial Position
As at 31 March 2025

	2025 £	2024 £
Current assets
Stocks	1,178	835
Debtors	7,818	9,059
Cash at bank and in hand	1,300	259
	10,296	10,153
Creditors: amount falling due within one year	(6,669)	(10,342)
Net current assets	3,627	(189)

Total assets less current liabilities	3,627	(189)
Net assets	3,627	(189)

Capital and reserves
Called up share capital	200	200
Profit and loss account	3,427	(389)
Shareholders' funds	3,627	(189)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 03 September 2025 and were signed on its behalf by:

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P Foreman
Director

1

Outlaw718 Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Outlaw718 Limited is a private company, limited by shares, registered in England and Wales, registration number 10073487, registration address 23, Wouldham Road, Rochester, Kent, Kent, ME13JY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.	Ultimate Controlling Party The ultimate controlling party is Mr P Foreman.

2

Registered Number: 10073487
England and Wales
OUTLAW718 LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025