REGISTERED NUMBER: 03927432 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Outerange Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Austin

SECRETARY:

Mrs A L Austin

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

03927432 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investment property

4

215,000

215,000

CURRENT ASSETS

Debtors

5

3,513

6,688

Cash at bank

660,206

727,871

663,719

734,559

CREDITORS

Amounts falling due within one year

6

228,383

238,810

NET CURRENT ASSETS

435,336

495,749

TOTAL ASSETS LESS CURRENT LIABILITIES

650,336

710,749

PROVISIONS FOR LIABILITIES

7

969

969

NET ASSETS

649,367

709,780

CAPITAL AND RESERVES

Called up share capital

216

216

Share premium

8

250,882

250,882

Fair value reserve

8

46,909

46,909

Retained earnings

8

351,360

411,773

SHAREHOLDERS' FUNDS

649,367

709,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2025 and were signed by:

E Austin - Director

1.	STATUTORY INFORMATION

Outerange Limited 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.

Turnover

Turnover represents rental income receivable and is accounted for in the period in which the properties were occupied.

Investment property

Investment property is not depreciated but is revalued annually at its market value in accordance with Section 1A "Small Entities' of Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

215,000

NET BOOK VALUE

At 31 March 2025

215,000

At 31 March 2024

215,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

215,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

167,122

167,122

Aggregate depreciation

(60,181

)

(56,839

)

Investment property was valued on a fair value basis on 31 March 2025 by the director of the company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,333

6,389

Prepayments

180

299

3,513

6,688

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

200

3,594

Amounts owed to related parties

221,611

231,258

Tax

1,112

526

Accruals and deferred income

5,460

3,432

228,383

238,810

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

969

969

Deferred

tax

£

Balance at 1 April 2024

969

Balance at 31 March 2025

969

8.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2024

411,773

250,882

46,909

709,564

Profit for the year

4,603

4,603

Dividends

(65,016

)

(65,016

)

At 31 March 2025

351,360

250,882

46,909

649,151