Company Registration No. 08664328 (England and Wales)
Outsavvy Ltd
Unaudited accounts
for the year ended 31 August 2023
Outsavvy Ltd
Unaudited accounts
Contents
Outsavvy Ltd
Company Information
for the year ended 31 August 2023
Directors
Paul Martin Dunstone
David Morland
Company Number
08664328 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
United Kingdom
Outsavvy Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
1,926
2,889
Cash at bank and in hand
341,200
224,014
Creditors: amounts falling due within one year
(157,921)
(108,929)
Net current assets
183,279
115,085
Net assets
185,205
117,974
Called up share capital
1,231
1,231
Share premium
226,368
226,368
Profit and loss account
(42,394)
(109,625)
Shareholders' funds
185,205
117,974
For the year ending 31 August 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 30 May 2024 and were signed on its behalf by
Paul Martin Dunstone
Director
Company Registration No. 08664328
Outsavvy Ltd
Notes to the Accounts
for the year ended 31 August 2023
Outsavvy Ltd is a private company, limited by shares, registered in England and Wales, registration number 08664328. The registered office is 85 Great Portland Street, London, W1W 7LT, United Kingdom.
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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.
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Computer equipment
Outsavvy Ltd
Notes to the Accounts
for the year ended 31 August 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
643
1,608
Other creditors
170,888
100,404
Loans from directors
(23,256)
-
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Average number of employees
During the year the average number of employees was 2 (2022: 2).