| Outbound Solutions UK Limited |
| Registered number: |
06929827 |
| Balance Sheet |
| as at 31 July 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,833 |
|
|
3,738 |
|
| Current assets |
| Debtors |
4 |
|
25,855 |
|
|
41,869 |
| Cash at bank and in hand |
|
|
108,485 |
|
|
85,458 |
|
|
|
134,340 |
|
|
127,327 |
|
| Creditors: amounts falling due within one year |
5 |
|
(67,990) |
|
|
(71,371) |
|
| Net current assets |
|
|
|
66,350 |
|
|
55,956 |
|
| Net assets |
|
|
|
71,183 |
|
|
59,694 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
71,173 |
|
|
59,684 |
|
| Shareholder's funds |
|
|
|
71,183 |
|
|
59,694 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Simon Worden |
| Director |
| Approved by the board on 12 September 2018 |
|
| Outbound Solutions UK Limited |
| Notes to the Accounts |
| for the year ended 31 July 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax, of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates |
|
|
Office equipment |
over 5 years |
|
|
Debtors |
|
Debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs. |
|
|
Creditors |
|
Creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing differences. |
|
|
| 2 |
Employees |
2018 |
|
2017 |
| Number |
Number |
|
|
Average number of persons employed by the company |
13 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Office equipment |
| £ |
|
Cost |
|
At 1 August 2017 |
25,962 |
|
Additions |
2,940 |
|
At 31 July 2018 |
28,902 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2017 |
22,224 |
|
Charge for the year |
1,845 |
|
At 31 July 2018 |
24,069 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2018 |
4,833 |
|
At 31 July 2017 |
3,738 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
25,050 |
|
40,686 |
|
Other debtors |
805 |
|
1,183 |
|
|
|
|
|
|
25,855 |
|
41,869 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
1,811 |
|
1,690 |
|
Corporation tax |
13,973 |
|
21,404 |
|
Other taxes and social security costs |
49,441 |
|
27,829 |
|
Directors' loan accounts |
2,765 |
|
20,448 |
|
|
|
|
|
|
67,990 |
|
71,371 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Outbound Solutions UK Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Garden Flat |
|
14 Hornsey Rise |
|
London |
|
N19 3SB |
