Outsider Research Limited - Abbreviated accounts 16.3
Outsider Research Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 29 FEBRUARY 2016 |
FOR |
OUTSIDER RESEARCH LIMITED |
OUTSIDER RESEARCH LIMITED (REGISTERED NUMBER: 08002613) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 29 FEBRUARY 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 4 |
OUTSIDER RESEARCH LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 29 FEBRUARY 2016 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants and Chartered Tax Advisers |
OUTSIDER RESEARCH LIMITED (REGISTERED NUMBER: 08002613) |
ABBREVIATED BALANCE SHEET |
29 FEBRUARY 2016 |
29.2.16 | 28.2.15 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 2 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 |
OUTSIDER RESEARCH LIMITED (REGISTERED NUMBER: 08002613) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 29 FEBRUARY 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 gross invoiced sales. Turnover is recognised as goods and services are supplied. Turnover |
arises solely in th United Kingdom. |
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 | 29.2.16 | 28.2.15 |
value: | £ | £ |
Ordinary shares | £1 |
3. | ULTIMATE CONTROLLING PARTY |
Mr N Kenway is the ultimate controlling party by virtue of his shareholding in the company. |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
OUTSIDER RESEARCH LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
accounts of Outsider Research Limited for the period ended 29 February 2016 as set out on pages 2 to 6 from the |
company's accounting records and from information and explanations you have given us. |
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical |
and other professional requirements which are detailed at: |
www.icaew.com/en/members/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Outsider Research Limited, as a body, in accordance with the |
terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of |
Outsider Research Limited and state those matters that we have agreed to state to the Board of Directors of Outsider |
Research Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest |
extent permitted by law, we do not accept or assume responsibility to anyone other than Outsider Research Limited and |
its Board of Directors as a body for our work or for this report. |
It is your duty to ensure that Outsider Research Limited has kept adequate accounting records and to prepare statutory |
accounts that give a true and fair view of the assets, liabilities, financial position and profit of Outsider Research Limited. |
You consider that Outsider Research Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the accounts of Outsider Research Limited. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations |
you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
Chartered Accountants and Chartered Tax Advisers |
25 November 2016 |