| Inside Out Lifestyle Ltd |
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| Balance Sheet |
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| for the Period Ended 31 March 2025 |
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| These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| The option not to file the profit and loss account has been taken. |
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| For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. |
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| The members have agreed to the preparation of abridged accounts. |
| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
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| The financial statements were approved by the Board of Directors on |
2025-12-01 |
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| SIGNED ON BEHALF OF THE BOARD BY |
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| Name |
I R Whittaker |
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| The notes form part of these financial statements |
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| Average number of employees during period |
3 |
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Page 5 |
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| Inside Out Lifestyle Ltd |
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| Notes to the Financial Statements |
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| for the Period Ended 31 March 2025 |
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| 1. Accounting policies |
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| Basis of preparation |
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| The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime. |
| Going Concern |
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| The company has a deficit on shareholders' funds and relies upon the support of its shareholders and creditors,which has been confirmed for a period of at least twelve months from the approval of the financial statements.Accordingly the directors have prepared the financial statements on the going concern basis. |
| Long-term and ongoing contracts turnover represents the value of work done including estimates of |
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| amounts not yet invoiced and is recognised by reference to the stage of completion. |
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| Tangible fixed assets Depreciation |
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| Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. |
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Page 6 |
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