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REGISTERED NUMBER: 08520611 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Model Outcomes Ltd

Model Outcomes Ltd (Registered number: 08520611)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Model Outcomes Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S W Kay
M L Kay
Mrs J F Kay
A C Kay





REGISTERED OFFICE: 58 Hough Lane
Anderton
Cheshire
CW9 6AB





REGISTERED NUMBER: 08520611 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Model Outcomes Ltd (Registered number: 08520611)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,418 2,820

CURRENT ASSETS
Debtors 5 89 56,042
Cash at bank and in hand 83,154 85,892
83,243 141,934
CREDITORS
Amounts falling due within one year 6 86,553 62,175
NET CURRENT (LIABILITIES)/ASSETS (3,310 ) 79,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

108

82,579

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 8 82,479
SHAREHOLDERS' FUNDS 108 82,579

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2024 and were signed on its behalf by:





S W Kay - Director


Model Outcomes Ltd (Registered number: 08520611)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Model Outcomes Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Model Outcomes Ltd (Registered number: 08520611)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 921 10,633 11,554
Additions - 1,662 1,662
At 30 April 2024 921 12,295 13,216
DEPRECIATION
At 1 May 2023 355 8,379 8,734
Charge for year 85 979 1,064
At 30 April 2024 440 9,358 9,798
NET BOOK VALUE
At 30 April 2024 481 2,937 3,418
At 30 April 2023 566 2,254 2,820

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 56,000
VAT 89 42
89 56,042

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 144 -
Trade creditors 50 215
Tax 6,467 21,966
Directors' current accounts 24,427 39,549
Accruals and deferred income 55,020 -
Accrued expenses 445 445
86,553 62,175

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
10 Ordinary 1 100 100

Model Outcomes Ltd (Registered number: 08520611)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. RESERVES
Retained
earnings
£   

At 1 May 2023 82,479
Profit for the year 28,169
Dividends (110,640 )
At 30 April 2024 8