1 April 2022 false No description of principal activity Taxfiler 2023.9 10701824 business:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10701824 2022-03-31 10701824 2022-04-01 2023-03-31 10701824 business:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10701824 business:FilletedAccounts 2022-04-01 2023-03-31 10701824 2023-03-31 10701824 business:Director1 2022-04-01 2023-03-31 10701824 business:RegisteredOffice 2022-04-01 2023-03-31 10701824 2022-03-31 10701824 core:WithinOneYear 2023-03-31 10701824 core:WithinOneYear 2022-03-31 10701824 core:ShareCapital core:PreviouslyStatedAmount 2023-03-31 10701824 core:ShareCapital core:PreviouslyStatedAmount 2022-03-31 10701824 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-03-31 10701824 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2022-03-31 10701824 core:PreviouslyStatedAmount 2023-03-31 10701824 core:PreviouslyStatedAmount 2022-03-31 10701824 business:SmallEntities 2022-04-01 2023-03-31 10701824 countries:EnglandWales 2022-04-01 2023-03-31 10701824 core:ComputerEquipment 2022-04-01 2023-03-31 10701824 core:ComputerEquipment 2022-03-31 10701824 core:ComputerEquipment 2023-03-31 10701824 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10701824 (England and Wales)
OUTRAGEOUS INSIGHT LIMITED Unaudited accounts for the year ended 31 March 2023
OUTRAGEOUS INSIGHT LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
OUTRAGEOUS INSIGHT LIMITED Company Information for the year ended 31 March 2023
Director
Mr Patrick Szymon Olszowski
Company Number
10701824 (England and Wales)
Registered Office
THE PROJECTS LTD 8-9 SHIP STREET BRIGHTON BN1 1AD ENGLAND
Accountants
Gillian Caughey, CA Fearless Financials Ltd 674 Pollokshaws Road Glasgow G41 2QE
- 3 -
OUTRAGEOUS INSIGHT LIMITED Statement of financial position as at 31 March 2023
2023
2022
Notes
£
£
Fixed assets
Tangible assets
4
179
-
Current assets
Debtors
5
-
18,000
Cash at bank and in hand
8,494
9,261
8,494
27,261
Creditors: amounts falling due within one year
6
(5,472)
(15,968)
Net current assets
3,022
11,293
Net assets
3,201
11,293
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,101
11,193
Shareholders' funds
3,201
11,293
For the year ending 31 March 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 2023 and were signed on its behalf by
Mr Patrick Szymon Olszowski Director Company Registration No. 10701824
- 4 -
OUTRAGEOUS INSIGHT LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
OUTRAGEOUS INSIGHT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10701824. The registered office is THE PROJECTS LTD, 8-9 SHIP STREET, BRIGHTON, BN1 1AD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2022
-
Additions
269
At 31 March 2023
269
Depreciation
Charge for the year
90
At 31 March 2023
90
Net book value
At 31 March 2023
179
5
Debtors
2023
2022
£
£
Amounts falling due within one year
Trade debtors
-
18,000
- 5 -
OUTRAGEOUS INSIGHT LIMITED Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
950
1,450
Taxes and social security
3,288
13,643
Loans from directors
312
-
Accruals
922
875
5,472
15,968
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -