Outsized Limited - Accounts

Outsized Limited - Accounts

OUTSIZED LIMITED - Company Information

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1 December 2015 0 1 09329893 2015-12-01 2016-12-31 09329893 2015-11-30 09329893 2016-12-31 09329893 2014-11-27 2015-11-30 09329893 2014-11-26 09329893 2015-11-30 09329893 uk-bus:Director1 2015-12-01 2016-12-31 09329893 uk-gaap:ComputerEquipment 2015-12-01 2016-12-31 09329893 uk-bus:OrdinaryShareClass1 2016-12-31 09329893 uk-bus:OrdinaryShareClass1 2015-11-30 09329893 uk-bus:OrdinaryShareClass1 2015-12-01 2016-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09329893
Outsized Limited
Abbreviated Unaudited Accounts
for the period
1 December 2015 to 31 December 2016
Outsized Limited
Balance Sheet
as at 31 December 2016
Notes
 2016
£		 2015
£
Fixed assets 2
Tangible assets 1,007 0
1,007 0
Current assets
Debtors 12,640 0
Cash at bank and in hand 24,098 28,950
36,738 28,950
Creditors: amounts falling due within one year 52,267 29,900
Net current assets / (liabilities) (15,529) (950)
Total assets less current liabilities (14,522) (950)
Total net assets (liabilities) (14,522) (950)
Capital and reserves
Called up share capital 3 160 100
Share premium account 154,945 0
Profit and loss account (169,627) (1,050)
Shareholders' funds (14,522) (950)

Outsized Limited
Balance Sheet
as at 31 December 2016



These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the year ending 31 December 2016 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.

Signed on behalf of the board of directors

...............................

Mr N Thelander

Director


Approved by the board on 28 September 2017

Company No: 09329893 (England and Wales)


Outsized Limited
Notes to the Accounts
for the period 1 December 2015 to 31 December 2016

1. Accounting policies

Basis of accounting
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding VAT having regard to the fulfilment of contractual obligations.

Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 20% Straight Line

2. Fixed assets
Tangible Fixed Assets Total
Cost £ £
At 30 November 2015 0 0
Additions 1,050 1,050
At 31 December 2016 1,050 1,050
Depreciation
At 30 November 2015 0 0
Charge for period 43 43
At 31 December 2016 43 43
Net book values
At 31 December 2016 1,007 1,007
At 30 November 2015 0 0

3. Share capital
2016 2015
£ £
Allotted, called up and fully paid:
15,986 (2015: 100) Ordinary shares of £0.01 each 159.86 100
159.86 100

4. Transactions with directors

Included in Creditors is a Directors' Loan balance of £47,900.