Outcider Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07482061 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Outcider Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J C Torrie

D J Mapple

REGISTERED OFFICE:

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

REGISTERED NUMBER:

07482061 (England and Wales)

ACCOUNTANTS:

Amanda Fairclough Associates Limited

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

FIXED ASSETS

Tangible assets

2

611

705

CURRENT ASSETS

Debtors

29,896

23,714

Cash at bank

16,325

56,894

46,221

80,608

CREDITORS

Amounts falling due within one year

8,588

23,601

NET CURRENT ASSETS

37,633

57,007

TOTAL ASSETS LESS CURRENT LIABILITIES

38,244

57,712

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

38,044

57,512

SHAREHOLDERS' FUNDS

38,244

57,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 August 2014 and were signed on its behalf by:

J C Torrie - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

1,702

Additions

585

At 31 March 2014

2,287

DEPRECIATION

At 1 April 2013

997

Charge for year

679

At 31 March 2014

1,676

NET BOOK VALUE

At 31 March 2014

611

At 31 March 2013

705

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

200

Ordinary

£1

200

200

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the company was indebted to its directors as follows:

J C Torrie - £949 (2013 - £Nil)

D J Mapple - £916 (2013 - £Nil)

These loans are interest free and have no fixed terms of repayment.

The directors each received dividends of £6,500 (2013 - £19,100) during the year.