REGISTERED NUMBER: 12335772 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

THOUGHTFULLY OUTDOORS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr C F Thompson

Mrs A Field

Registered office:

23 Algitha Road

Skegness

Lincolnshire

PE25 2AG

Registered number:

12335772 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

205,658

178,518

Current assets

Debtors

5

25,542

19,114

Cash at bank

20,764

10,637

46,306

29,751

Creditors

Amounts falling due within one year

6

191,223

180,779

Net current liabilities

(144,917

)

(151,028

)

Total assets less current liabilities

60,741

27,490

Creditors

Amounts falling due after more than one year

7

(18,935

)

(1,657

)

Provisions for liabilities

(19,960

)

(13,893

)

Net assets

21,846

11,940

Capital and reserves

Called up share capital

100

100

Retained earnings

21,746

11,840

21,846

11,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 6 May 2026 and were signed on its behalf by:

Mrs A Field - Director

Mr C F Thompson - Director

1.	Statutory information

Thoughtfully Outdoors 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.

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.

At the period end the Company had net current liabilities of £144,917 (2024 £151,028) . The Directors are aware of this and are willing to support the Company.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 December 2024

100,642

87,628

2,234

8,250

198,754

Additions

-

35,639

-

11,990

47,629

Disposals

(5,043

)

-

-

-

(5,043

)

At 30 November 2025

95,599

123,267

2,234

20,240

241,340

Depreciation

At 1 December 2024

-

17,335

1,074

1,827

20,236

Charge for year

-

12,533

174

2,739

15,446

At 30 November 2025

-

29,868

1,248

4,566

35,682

Net book value

At 30 November 2025

95,599

93,399

986

15,674

205,658

At 30 November 2024

100,642

70,293

1,160

6,423

178,518

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,825

2,619

Other debtors

23,717

16,495

25,542

19,114

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

6,287

1,800

Hire purchase contracts

3,997

-

Trade creditors

11,999

4,255

Other creditors

168,940

174,724

191,223

180,779

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

12,274

1,657

Hire purchase contracts

6,661

-

18,935

1,657