OUTCOME TO IMPACT LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08804727 (England and Wales)

Abbreviated Accounts

for the period

6th December 2013 to 31st December 2014

for

OUTCOME TO IMPACT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R J Sheehy

Mrs G N Sheehy

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

REGISTERED NUMBER:

08804727 (England and Wales)

ACCOUNTANTS:

G.H. Attenborough & Co. Ltd.

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

CURRENT ASSETS

Cash at bank

244

CREDITORS

Amounts falling due within one year

2,563

NET CURRENT LIABILITIES

(2,319

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,319

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(2,419

)

SHAREHOLDERS' FUNDS

(2,319

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 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 25th August 2015 and were signed on its behalf by:

R J Sheehy - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis which assumes continuity of the business for the

foreseeable future. This, however, may not be appropriate as the company has made a loss and as at the balance

sheet date current liabilities exceeded current assets and total liabilities exceeded total assets.

The directors continue to support the company.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

50

50

Ordinary B

£1

50

100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of £1 each

50 Ordinary B shares of £1 each