Outgoing Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Outgoing Limited for the year ended 31 August 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Outgoing Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Outgoing Limited , as a body, in accordance with the terms of our engagement letter dated 25/05/2022. Our work has been undertaken solely to prepare for your approval the accounts of Outgoing Limited and state those matters that we have agreed to state to the directors of Outgoing Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Outgoing Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Outgoing Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Outgoing Limited . You consider that Outgoing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Outgoing Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

4th December 2025

Ascendis Group

Chartered Certified Accountants, Taxation and Business Advisors

Unit 3, Building 2, The Colony Wilmslow

Altrincham Road

Wilmslow

SK9 4LY

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Outgoing Limited

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 04045495

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		197,387		209,601
Investments	6		109,000		109,005

			306,387		318,606
CURRENT ASSETS
Debtors	7	166,806		182,822
Cash at bank and in hand		123,533		166,688

		290,339		349,510
Creditors: Amounts Falling Due Within One Year	8	(126,292 )		(31,831 )

NET CURRENT ASSETS (LIABILITIES)			164,047		317,679

TOTAL ASSETS LESS CURRENT LIABILITIES			470,434		636,285

Creditors: Amounts Falling Due After More Than One Year	9		(270,487 )		(434,507 )

NET ASSETS			199,947		201,778

CAPITAL AND RESERVES
Called up share capital	11		547,901		547,901
Share premium account			86,520		86,520
Profit and Loss Account			(434,474 )		(432,643 )

SHAREHOLDERS' FUNDS			199,947		201,778

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Outgoing Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Timothy Cooper

Director

4th December 2025

The notes on pages 4 to 7 form part of these financial statements.

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Outgoing Limited

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Outgoing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04045495 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, SK9 4LY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its estimated useful life up to a maximum of 20 years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period.Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that indicate that the carrying value may not be recoverable.

2.4. Tangible Fixed Assets and Depreciation

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

life.

Motor Vehicles	20% on cost
Fixtures & Fittings	20% on cost

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. 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.

2.7. Pensions

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.

2.8. 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.

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Outgoing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.9. Investment in unlisted companies

Investments in unlisted companies are initially recognised at cost. Investments in unlisted companies whose market value can reliably be determined are measured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

4. Intangible Assets

	Goodwill	Development Costs	Total
	£	£	£
Cost
As at 1 September 2024	277,672	295,752	573,424

As at 31 August 2025	277,672	295,752	573,424

Amortisation
As at 1 September 2024	277,672	86,151	363,823
Provided during the period	-	12,214	12,214

As at 31 August 2025	277,672	98,365	376,037

Net Book Value
As at 31 August 2025	-	197,387	197,387

As at 1 September 2024	-	209,601	209,601

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 September 2024	65,973	30,066	96,039

As at 31 August 2025	65,973	30,066	96,039

Depreciation
As at 1 September 2024	65,973	30,066	96,039

As at 31 August 2025	65,973	30,066	96,039

Net Book Value
As at 31 August 2025	-	-	-

As at 1 September 2024	-	-	-

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Outgoing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 September 2024	109,005
Disposals	(5 )

As at 31 August 2025	109,000

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	109,000

As at 1 September 2024	109,005

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	18,146	16,735
Other debtors	148,660	166,087

	166,806	182,822

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	76,488	(5,323 )
Other creditors	47,943	35,395
Taxation and social security	1,861	1,759

	126,292	31,831

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	9,167	19,167
Amounts owed to group undertakings	16	154,808
Other creditors	261,304	260,532

	270,487	434,507

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Outgoing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 September 2024	(107,587 )	(107,587)
Deferred taxation	3,584	3,584

Balance at 31 August 2025	(104,003 )	(104,003)

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1,980 Ordinary A shares of £ 1 each	1,980	1,980
200 Ordinary B shares of £ 1 each	200	200

	2,180	2,180

Preference Shares

	2025	2024
Allotted, called up and fully paid	£	£
545,721 Preference C shares of £ 1 each	545,721	545,721

12. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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