Otter Stop Limited iXBRL

Company Registration Number: 08403289

Otter Stop Limited

Unaudited Financial Statements

for the financial period ended 28 February 2025

Otter Stop Limited

DIRECTOR AND OTHER INFORMATION


Director	Mr Harvey Croft


Company Registration Number	08403289


Registered Office and Business Address	Kemp House
	128 City Road
	London
	London
	United Kingdom
	EC1V2NX


Accountants	Langers
	Chartered Certified Accountants
	8-10 Gatley Road
	Cheadle
	Cheshire
	SK8 1PY
	GB

Otter Stop Limited

Company Registration Number: 08403289

STATEMENT OF FINANCIAL POSITION

as at 28 February 2025

Feb 25

Feb 24

Notes

Current Assets

Debtors

26,365

59,628

Cash and cash equivalents

19,925

1,200

─────────

46,290

60,828

─────────

Creditors: amounts falling due within one year

(13,902)

(26,919)

─────────

Net Current Assets

32,388

33,909

─────────

Total Assets less Current Liabilities

32,388

33,909

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

32,288

33,809

─────────

Equity attributable to owners of the company

32,388

33,909

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial period ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Director and authorised for issue on 29 October 2025



________________________________
Mr Harvey Croft
Director

Otter Stop Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial period ended 28 February 2025

General Information

Otter Stop Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 08403289. The registered office of the company is Kemp House, 128 City Road, London, London, United Kingdom, EC1V2NX which is also the principal place of business of the company. The principal activity in the period of review was retail sales of animal fencing solutions. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial period ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Revenue

Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Period of financial statements

The financial statements are for the 12 month 1 day period ended 28 February 2025.

Employees

The average monthly number of employees, including director, during the financial period was 3, (Feb 24 - 3).

Feb 25

Feb 24

Number

Number

Director

Staff

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═════════


5.	Debtors	Feb 25	Feb 24
		£	£

	Trade debtors	-	38,627
	Amounts owed by connected parties (Note 10)	26,001	21,001
	Taxation (Note 7)	300	-
	Prepayments and accrued income	64	-
		─────────	─────────
		26,365	59,628
		═════════	═════════


6.	Creditors	Feb 25	Feb 24
	Amounts falling due within one year	£	£

	Trade creditors	9,507	18,716
	Taxation (Note 7)	345	5,747
	Director's current account	3,216	1,608
	Accruals:
	Pension accrual	34	58
	Other accruals	800	790
		─────────	─────────
		13,902	26,919
		═════════	═════════


7.	Taxation	Feb 25	Feb 24
		£	£

	Debtors:
	Corporation tax	300	-
		═════════	═════════
	Creditors:
	VAT	297	2,989
	Corporation tax	-	2,728
	PAYE / NI	48	30
		─────────	─────────
		345	5,747
		═════════	═════════


8.	Profit and loss account

		Feb 25	Feb 24
		£	£

	At 29 February 2024	33,809	50,650
	(Loss)/profit for the financial period	(1,521)	11,659
	Payment of dividends	-	(28,500)
		─────────	─────────
	At 28 February 2025	32,288	33,809
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial period-ended 28 February 2025.


10.	Related party transactions
		Balance	Balance
		Feb 25	Feb 24
		£	£

	Proximo Group Limited	26,001	21,001
		─────────	─────────

11.

Director's advances, credits and guarantees

At 28 February 2025 the company owed director Harvey Croft £3,216 (2024: £1,608). No interest has been charged to the company in respect of these loans which are repayable on demand and classified in creditors due within one year.

12.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial period-end.