REGISTERED NUMBER: 07346815 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Nick Edgeller Inside Out Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

N Edgeller

REGISTERED OFFICE:

5 Granville Close

Havant

Hampshire

PO9 2TR

REGISTERED NUMBER:

07346815 (England and Wales)

ACCOUNTANTS:

Henderson-Smith Associates Limited

5 Granville Close

Havant

Hampshire

PO9 2TR

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

10,889

12,900

10,890

12,901

CURRENT ASSETS

Cash at bank

45

320

CREDITORS

Amounts falling due within one year

6

3,044

8,827

NET CURRENT LIABILITIES

(2,999

)

(8,507

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,891

4,394

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

7,890

4,393

SHAREHOLDERS' FUNDS

7,891

4,394

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 May 2026 and were signed by:

N Edgeller - Director

1.	STATUTORY INFORMATION

Nick Edgeller Inside Out 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.

Turnover

Turnover represents invoiced sales of goods and services in the period.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets

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

Garden machinery and tools

-

20% on reducing balance

Motor van

-

20% on reducing balance

Computer equipment

-

20% 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 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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

8,000

AMORTISATION

At 1 September 2024

and 31 August 2025

7,999

NET BOOK VALUE

At 31 August 2025

1

At 31 August 2024

1

5.	TANGIBLE FIXED ASSETS

Garden

machinery

Computer

and tools

Motor van

equipment

Totals

£

£

£

£

COST

At 1 September 2024

2,122

16,240

340

18,702

Additions

711

-

-

711

At 31 August 2025

2,833

16,240

340

19,413

DEPRECIATION

At 1 September 2024

1,464

4,060

278

5,802

Charge for year

274

2,436

12

2,722

At 31 August 2025

1,738

6,496

290

8,524

NET BOOK VALUE

At 31 August 2025

1,095

9,744

50

10,889

At 31 August 2024

658

12,180

62

12,900

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

-

(1

)

Taxation and social security

-

332

Other creditors

3,044

8,496

3,044

8,827

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 September 2024

4,393

Profit for the year

3,997

Dividends

(500

)

At 31 August 2025

7,890

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Edgeller.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Henderson-Smith Associates Limited

5 Granville Close

Havant

Hampshire

PO9 2TR

25 May 2026