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Company Registration No. 08664328 (England and Wales)
Outsavvy Ltd Unaudited accounts for the year ended 31 August 2023
Outsavvy Ltd Unaudited accounts Contents
Page
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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
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Outsavvy Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,926 
2,889 
Current assets
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 
Capital and reserves
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
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Outsavvy Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
4,815 
At 31 August 2023
4,815 
Depreciation
At 1 September 2022
1,926 
Charge for the year
963 
At 31 August 2023
2,889 
Net book value
At 31 August 2023
1,926 
At 31 August 2022
2,889 
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Outsavvy Ltd Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
9,646 
6,917 
Taxes and social security
643 
1,608 
Other creditors
170,888 
100,404 
Loans from directors
(23,256)
- 
157,921 
108,929 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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