Company Registration No. 07389669 (England and Wales)
Global Sales Outsourcing Ltd
Unaudited accounts
for the year ended 30 September 2023
Global Sales Outsourcing Ltd
Unaudited accounts
Contents
Global Sales Outsourcing Ltd
Company Information
for the year ended 30 September 2023
Directors
Robert Mark Dagge
Jennifer Shearman-Jones
Company Number
07389669 (England and Wales)
Registered Office
17 Lebanon Avenue
Hanworth, Feltham
England
TW13 6RS
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Global Sales Outsourcing Ltd
Accountants' report
Accountants' report to the board of directors of Global Sales Outsourcing Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Global Sales Outsourcing Ltd for the year ended
30 September 2023 as set out on pages
5 -
7 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 Global Sales Outsourcing Ltd, 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 Global Sales Outsourcing Ltd 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 Global Sales Outsourcing Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Global Sales Outsourcing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Global Sales Outsourcing Ltd. You consider that Global Sales Outsourcing Ltd 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 Global Sales Outsourcing Ltd. 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
2 February 2024
Global Sales Outsourcing Ltd
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
66,750
72,165
Creditors: amounts falling due within one year
(25,852)
(13,094)
Net current assets
40,898
59,071
Called up share capital
1
1
Profit and loss account
41,669
60,099
Shareholders' funds
41,670
60,100
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Robert Mark Dagge
Director
Company Registration No. 07389669
Global Sales Outsourcing Ltd
Notes to the Accounts
for the year ended 30 September 2023
Global Sales Outsourcing Ltd is a private company, limited by shares, registered in England and Wales, registration number 07389669. The registered office is 17 Lebanon Avenue, Hanworth, Feltham, England, TW13 6RS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance method
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
2,439
At 30 September 2023
1,667
At 30 September 2022
1,029
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
9,484
Loans from directors
23,637
-
Global Sales Outsourcing Ltd
Notes to the Accounts
for the year ended 30 September 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
-
(25,745)
(2,107)
(23,638)
-
(25,745)
(2,107)
(23,638)
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).