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Company Registration No. 9071874 (England and Wales)
Outsec Services Ltd Unaudited accounts for the year ended 31 October 2023
Outsec Services Ltd Unaudited accounts Contents
Page
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Outsec Services Ltd Company Information for the year ended 31 October 2023
Director
Vanessa French
Company Number
9071874 (England and Wales)
Registered Office
30 Market Place Swaffham Norfolk PE37 7QH England
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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Outsec Services Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,157 
14,926 
Current assets
Debtors
- 
1,443 
Cash at bank and in hand
(29,537)
3,010 
(29,537)
4,453 
Creditors: amounts falling due within one year
(317,079)
(186,498)
Net current liabilities
(346,616)
(182,045)
Total assets less current liabilities
(336,459)
(167,119)
Creditors: amounts falling due after more than one year
(11,727)
(55,225)
Net liabilities
(348,186)
(222,344)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(348,286)
(222,444)
Shareholders' funds
(348,186)
(222,344)
For the year ending 31 October 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 her 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 23 October 2024 and were signed on its behalf by
Vanessa French Director Company Registration No. 9071874
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Outsec Services Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Outsec Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 9071874. The registered office is 30 Market Place, Swaffham, Norfolk, PE37 7QH, 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:
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
23,845 
At 31 October 2023
23,845 
Depreciation
At 1 November 2022
8,919 
Charge for the year
4,769 
At 31 October 2023
13,688 
Net book value
At 31 October 2023
10,157 
At 31 October 2022
14,926 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,443 
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Outsec Services Ltd Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
40,939 
90,854 
VAT
198,225 
95,805 
Trade creditors
- 
(161)
Taxes and social security
1,657 
- 
Loans from directors
76,258 
- 
317,079 
186,498 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,727 
- 
Loans from directors
- 
55,225 
11,727 
55,225 
8
Average number of employees
During the year the average number of employees was 8 (2022: 5).
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