Overseas Solutions Ltd,Ltd - AccountsLtd - Accounts

Overseas Solutions Ltd,Ltd - AccountsLtd - Accounts

OVERSEAS SOLUTIONS LTD - Company Information

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2016-05-01 09525523 2017-04-30 09525523 2016-05-01 2017-04-30 09525523 2016-04-30 09525523 2015-04-02 2016-04-30 09525523 uk-core:WithinOneYear 2016-04-30 09525523 uk-core:WithinOneYear 2017-04-30 09525523 uk-core:ShareCapital 2017-04-30 09525523 uk-core:ShareCapital 2016-04-30 09525523 uk-core:RetainedEarningsAccumulatedLosses 2017-04-30 09525523 uk-core:RetainedEarningsAccumulatedLosses 2016-04-30 09525523 uk-bus:Director1 2016-05-01 2017-04-30 09525523 uk-core:ToolsEquipment 2016-05-01 2017-04-30 iso4217:GBP 09525523 uk-bus:AuditExempt-NoAccountantsReport 2016-05-01 2017-04-30 09525523 uk-bus:FRS102 2016-05-01 2017-04-30 09525523 uk-bus:FullAccounts 2016-05-01 2017-04-30 09525523 uk-bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30
Overseas Solutions Ltd
Registered Number:09525523
For the year ended 30 April 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2017
Overseas Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 April 2017
Overseas Solutions Ltd
Statement of Financial Position
Registered Number :
09525523
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
300
450
2
300
450
Current assets
Trade and other receivables
2,622
2,269
3
20,650
Cash and cash equivalents
17,792
20,061
23,272
Trade and other payables: amounts falling due within one
year
(15,075)
(11,162)
4
8,197
8,899
Net current assets
Total assets less current liabilities
9,199
8,647
9,199
Net assets
8,647
Capital and reserves
Called up share capital
1
1
Retained earnings
9,198
8,646
9,199
8,647
Shareholders' funds
For the year ended 30 April 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Mr Ramy Mahmoud Director
These financial statements were approved and authorised for issue by the Board on 01 September 2017 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2017
Overseas Solutions Ltd
Notes to the Financial Statements
Statutory Information
Overseas Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09525523.
Registered address:
20-22 Wenlock Road
London
N1 7GU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 May 2016
600
At 30 April 2017
600
Provision for depreciation and impairment
At 01 May 2016
150
Charge for year
150
At 30 April 2017
300
At 30 April 2017
Net book value
300
At 30 April 2016
450
2 of 3
5
For the year ended 30 April 2017
Overseas Solutions Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
2,268
2,621
Other debtors
1
1
2,622
2,269
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
10,833
14,772
Other creditors
329
303
11,162
15,075
5. Average number of persons employed
During the year the average number of persons employed including directors was 1 (2016 : 1)
3 of 3