Outsized Limited - Accounts

Outsized Limited 09329893 support clients procure consulting services from third parties false 1 January 2017 09329893 2017-01-01 2017-12-31 09329893 2016-12-31 09329893 2017-12-31 09329893 2015-12-01 2016-12-31 09329893 2015-11-30 09329893 2016-12-31 09329893 frs102-bus:FRS102 2017-01-01 2017-12-31 09329893 frs102-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 09329893 frs102-bus:FullAccounts 2017-01-01 2017-12-31 09329893 frs102-bus:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 09329893 frs102-core:CurrentFinancialInstruments 2017-12-31 09329893 frs102-core:CurrentFinancialInstruments 2016-12-31 09329893 frs102-core:ShareCapital 2017-12-31 09329893 frs102-core:ShareCapital 2016-12-31 09329893 frs102-core:SharePremium 2017-12-31 09329893 frs102-core:SharePremium 2016-12-31 09329893 frs102-core:RetainedEarningsAccumulatedLosses 2017-12-31 09329893 frs102-core:RetainedEarningsAccumulatedLosses 2016-12-31 09329893 frs102-bus:Director1 2017-01-01 2017-12-31 09329893 frs102-core:ComputerEquipment 2017-01-01 2017-12-31 09329893 frs102-core:ComputerEquipment 2016-12-31 09329893 frs102-core:ComputerEquipment 2017-12-31 09329893 frs102-core:ComputerEquipment 2016-12-31 09329893 frs102-core:Non-currentFinancialInstruments 2016-12-31 09329893 frs102-core:Non-currentFinancialInstruments 2017-12-31 09329893 frs102-bus:OrdinaryShareClass1 2017-12-31 09329893 frs102-bus:OrdinaryShareClass1 2016-12-31 09329893 frs102-bus:OrdinaryShareClass1 2017-01-01 2017-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares

	Registered number
	09329893

	Outsized Limited
	Unaudited Accounts
	for the year ended
	31 December 2017

Outsized Limited Balance Sheet as at 31 December 2017
	Notes		2017 £		2016 £
Fixed assets
Tangible assets	3		831		1,007
Investments	4		6,097		0
			6,928		1,007

Current assets
Debtors	5	1,266		12,640
Cash at bank and in hand		11,129		24,098
		12,395		36,738

Creditors: amounts falling due within one year	6	(51,769)		(52,267)

Net current assets / (liabilities)			(39,374)		(15,529)

Total assets less current liabilities			(32,446)		(14,522)

Total net assets (liabilities)			(32,446)		(14,522)

Capital and reserves
Called up share capital	7		168		160
Share premium account			224,927		154,945
Profit and loss account			(257,541)		(169,627)
Shareholders' funds			(32,446)		(14,522)

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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2017 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 2018

Company Number: 09329893 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

35 Grosvenor Road
London
N10 2DR

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
	Changes in accounting standards, policies and estimates The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. 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

Employees
	2017	2016
Average number of employees during the period	2	3

Tangible fixed assets
	Computer equipment	Total
Cost or valuation	£	£
At 1 January 2017	1,050	1,050
At 31 December 2017	1,050	1,050
Depreciation
At 1 January 2017	43	43
Charge for the period	176	176
At 31 December 2017	219	219
Net book value
At 31 December 2017	831	831
At 31 December 2016	1,007	1,007

Investments
	Shares in subsidiary undertakings	Total
	£	£
Carrying amount at 1 January 2017	0	0
Additions	6,097	6,097
Carrying amount at 31 December 2017	6,097	6,097

Group undertakings and participating interests

The company's investments at the balance sheet date comprises the share capital of Outsized India Private Ltd. At the balance sheet date, there were Net Assets in the company of £27,101. There were profits in the period for Outsized India Private Ltd of £23,992.

Debtors
	2017	2016
	£	£
Trade debtors	0	3,211
Other debtors	1,266	9,429
	1,266	12,640

Creditors: amounts falling due within one year
	2017	2016
	£	£
Trade creditors	1,558	920
Other creditors	50,211	51,347
	51,769	52,267

Share capital
	2017	2016
	£	£
Allotted, called up and fully paid:
16,756 (2016: 15,986) Ordinary shares of £0.01 each	167.56	159.86

	167.56	159.86

8.	Related party disclosures
	Controlling party Director Mr A Bhalla and Mr N Thelander have the significant control over the company during the accounting period.

9.	Transactions with directors
	At of 31 December 2017, the company owes the directors of £47,400