Outlook Accountancy Limited
Outlook Accountancy Limited
Company Registration No. 09822846 (England and Wales)
Page
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Director
Company Number
Registered Office
Accountants
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Accountants' report to the director of Outlook Accountancy Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Outlook Accountancy Limited for the year ended 31 October 2017 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Outlook Accountancy Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Outlook Accountancy Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Outlook Accountancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Outlook Accountancy 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 Outlook Accountancy Limited . You consider that Outlook Accountancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Outlook Accountancy 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.
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2017
2016
Notes
£
£
Current assets
Cash at bank and in hand
Net current assets
Net assets
Capital and reserves
Called up share capital
Shareholders' funds
Approved by the Board on 24 July 2018 .
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1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 13 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
Presentation currency
4
Average number of employees
During the year the average number of employees was 1 (2016: 1 ).
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