Inside Outcomes Limited - Abbreviated accounts 16.1
Inside Outcomes Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| FOR |
| INSIDE OUTCOMES LIMITED |
| INSIDE OUTCOMES LIMITED (REGISTERED NUMBER: 08929895) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| INSIDE OUTCOMES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| INCORPORATED: |
| INSIDE OUTCOMES LIMITED (REGISTERED NUMBER: 08929895) |
| ABBREVIATED BALANCE SHEET |
| 31ST MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| INSIDE OUTCOMES LIMITED (REGISTERED NUMBER: 08929895) |
| ABBREVIATED BALANCE SHEET - continued |
| 31ST MARCH 2016 |
| 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 were approved by the director on |
| INSIDE OUTCOMES LIMITED (REGISTERED NUMBER: 08929895) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents the value of services provided to the extent that there is a right to consideration and |
| is recorded at the value of the consideration due. |
| Intangible asset |
| Intangible assets consist of computer software developed for Inside Outcomes Limited. The data system |
| is bespoke to the company for which the copyright also resides with the company. |
| The asset has been amortised over a straight line basis over 5 years. |
| Tangible fixed assets |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31st March 2016 |
| AMORTISATION |
| Amortisation for year |
| At 31st March 2016 |
| NET BOOK VALUE |
| At 31st March 2016 |
| INSIDE OUTCOMES LIMITED (REGISTERED NUMBER: 08929895) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31st March 2016 |
| DEPRECIATION |
| Charge for year |
| At 31st March 2016 |
| NET BOOK VALUE |
| At 31st March 2016 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| NIL | Ordinary | £1 |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 | 1 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 31st March 2016 and |
| the period ended 31st March 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |