Outsourced People Solutions Limited - Period Ending 2018-03-31

Outsourced People Solutions Limited - Period Ending 2018-03-31


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Outsourced People Solutions Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

Registration number: 04649358

 

Outsourced People Solutions Limited

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 5

Notes to the Financial Statements

5

 

Outsourced People Solutions Limited

Company Information

Director

Mr S P Doyle MCIPD

Registered office

21 Higher Town
Sampford Peverell
Tiverton
Devon
EX16 7BP

Accountants

Paul Steele Limited
Chartered Accountants
18 Newport Street
Tiverton
Devon
EX16 6NL

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Outsourced People Solutions Limited
for the Year Ended 31 March 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Outsourced People Solutions Limited for the year ended 31 March 2018 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising 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
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Outsourced People Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 9 November 2017. Our work has been undertaken solely to prepare for your approval the accounts of Outsourced People Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Outsourced People Solutions 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 Outsourced People Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Outsourced People Solutions 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 Outsourced People Solutions Limited. You consider that Outsourced People Solutions 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 Outsourced People Solutions 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.

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

Paul Steele Limited
Chartered Accountants
18 Newport Street
Tiverton
Devon
EX16 6NL

28 September 2018

 

Outsourced People Solutions Limited

Profit and Loss Account for the Year Ended 31 March 2018

2018
£

2017
£

Turnover

22,929

11,376

Cost of raw materials and consumables

(8,213)

(3,000)

Depreciation and other amounts written off assets

(163)

(189)

Other charges

(8,056)

(5,913)

Profit for the year

6,497

2,274

 

Outsourced People Solutions Limited

(Registration number: 04649358)
Balance Sheet as at 31 March 2018

2018
£

2017
£

Fixed assets

723

651

Current assets

5,687

7,736

Creditors: Amounts falling due within one year

(5,491)

(13,983)

Net current assets/(liabilities)

196

(6,247)

Total assets less current liabilities

919

(5,596)

Accruals and deferred income

(492)

(474)

 

427

(6,070)

Capital and reserves

427

(6,070)

 

Outsourced People Solutions Limited

(Registration number: 04649358)
Balance Sheet as at 31 March 2018

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Higher Town
Sampford Peverell
Tiverton
Devon
EX16 7BP

The principal place of business is:
1 Barnfield Cottages
Poltimore
Exeter
Devon
EX4 0AL

These financial statements were authorised for issue by the director on 28 September 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 28 September 2018
 

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

Mr S P Doyle MCIPD
Director