REGISTERED NUMBER: 11351352 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Rase Outdoor Living Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Airey

Mrs W J Airey

REGISTERED OFFICE:

117 - 119 Cleethorpe Road

Grimsby

North East Lincs

DN31 3ET

REGISTERED NUMBER:

11351352 (England and Wales)

FIXED ASSETS

Intangible assets

4

12,479

15,893

Tangible assets

5

70,487

125,692

82,966

141,585

CURRENT ASSETS

Stocks

1,500

2,000

Debtors

6

167,457

106,538

Cash at bank

41,469

30,970

210,426

139,508

CREDITORS

Amounts falling due within one year

7

202,066

110,426

NET CURRENT ASSETS

8,360

29,082

TOTAL ASSETS LESS CURRENT LIABILITIES

91,326

170,667

CREDITORS

Amounts falling due after more than one year

8

8,525

11,667

NET ASSETS

82,801

159,000

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

82,701

158,900

82,801

159,000

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

J P Airey - Director

1.	STATUTORY INFORMATION

Rase Outdoor Living Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website and development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

17,070

AMORTISATION

At 1 April 2024

1,177

Charge for year

3,414

At 31 March 2025

4,591

NET BOOK VALUE

At 31 March 2025

12,479

At 31 March 2024

15,893

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

285,219

Additions

2,299

At 31 March 2025

287,518

DEPRECIATION

At 1 April 2024

159,527

Charge for year

57,504

At 31 March 2025

217,031

NET BOOK VALUE

At 31 March 2025

70,487

At 31 March 2024

125,692

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

45,297

9,799

Amounts owed by group undertakings

77,381

58,068

Other debtors

44,779

38,671

167,457

106,538

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

22,571

10,000

Trade creditors

15,345

13,870

Taxation and social security

138,769

75,356

Other creditors

25,381

11,200

202,066

110,426

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

8,525

11,667

9.	SECURED DEBTS

The company has provided security in the form of a debenture creating a fixed and floating over its assets in relation to bank loans recognised in the parent company. The company has also provided a £250,000 guarantee in respect of these loans.