13949391 false ONLINE AND MARKET STALL SALES 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/2025-04-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-04-30 http://www.companieshouse.gov.uk/cd:Director1 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2025-04-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2026-04-30 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2026-04-30 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-04-30 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2026-04-30 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2026-04-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-04-30 http://www.companieshouse.gov.uk/2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/2025-04-30 http://www.companieshouse.gov.uk/cd:FRS102 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/2026-04-30 http://www.companieshouse.gov.uk/cd:FullAccounts 2025-05-01 2026-04-30 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13949391
Souled Out Limited
ACCOUNTS
FOR THE YEAR ENDED 30/04/2026
Prepared By:
VICTOR STEWART

Souled Out Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2026
DIRECTORS
Franklin Akinsete
REGISTERED OFFICE
193B ROSS ROAD
SOUTH NORWOOD
LONDON
SE25 6TN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13949391
ACCOUNTANTS
VICTOR STEWART

Souled Out Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2026
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Souled Out Limited

BALANCE SHEET AT 30/04/2026
|  |  |  |  |  | 2026 |  |  |  | 2025
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | - |  |  |  | 16,695
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | - |  |  |  | 6,250 |  |
Debtors |  | 5 |  | 5,773 |  |  |  | - |  |
Cash at bank and in hand |  |  |  | - |  |  |  | 342 |  |
|  |  |  | 5,773 |  |  |  | 6,592 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 5,772 |  |  |  | 22,790 |  |
NET CURRENT ASSETS / (LIABILITIES) |  |  |  |  |  | 1 |  |  |  | (16,198)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1 |  |  |  | 497
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 7 |  |  |  | 1 |  |  |  | 1
Profit and loss account |  |  |  |  |  | - |  |  |  | 496
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1 |  |  |  | 497
For the year ending 30/04/2026 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/06/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Franklin Akinsete |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Souled Out Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2026

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles |  | reducing balance 20%
Equipment |  | reducing balance 20%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1

Souled Out Limited

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Commercial |  |  |  |
|  | Vehicles |  | Equipment |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 01/05/2025 |  | 18,660 |  | 2,209 |  | 20,869
Disposals |  | (18,660) |  | (2,209) |  | (20,869)
At 30/04/2026 |  | - |  | - |  | -
Depreciation |  |  |  |  |  |
At 01/05/2025 |  | 3,732 |  | 442 |  | 4,174
Disposals |  | (6,718) |  | (795) |  | (7,513)
For the year |  | 2,986 |  | 353 |  | 3,339
At 30/04/2026 |  | - |  | - |  | -
Net Book Amounts |  |  |  |  |  |
At 30/04/2026 |  | - |  | - |  | -
At 30/04/2025 |  | 14,928 |  | 1,767 |  | 16,695

4. STOCK |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | - |  | 6,250
|  |  |  | - |  | 6,250

5. DEBTORS |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Directors current account |  |  |  | 5,773 |  | -
|  |  |  | 5,773 |  | -

Souled Out Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 4,142 |  | 197
VAT |  |  |  | 1,630 |  | 2,989
Directors current account |  |  |  | - |  | 8,982
Loans |  |  |  | - |  | 10,622
|  |  |  | 5,772 |  | 22,790

7. SHARE CAPITAL |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
1 Class 1 shares of £1 each |  |  |  | 1 |  | 1
|  |  |  | 1 |  | 1