Company Registration No. 7228899 (England and Wales)
Outsourced HR Limited
Unaudited accounts
for the year ended 30 April 2025
Outsourced HR Limited
Unaudited accounts
Contents
Outsourced HR Limited
Company Information
for the year ended 30 April 2025
Company Number
7228899 (England and Wales)
Registered Office
BUSINESS CENTRAL
2 UNION SQUARE
DARLINGTON
DL1 1GL
UNITED KINGDOM
Accountants
Wecount Ltd
Business Central
2 Union Square
Darlington
County Durham
DL1 1GL
Outsourced HR Limited
Statement of financial position
as at 30 April 2025
Tangible assets
19,404
23,115
Cash at bank and in hand
35,170
50,151
Creditors: amounts falling due within one year
(38,194)
(49,248)
Net current assets
13,733
21,213
Total assets less current liabilities
33,137
44,328
Creditors: amounts falling due after more than one year
(17,249)
(21,808)
Provisions for liabilities
Deferred tax
(4,075)
(5,260)
Called up share capital
100
100
Profit and loss account
11,713
17,160
Shareholders' funds
11,813
17,260
For the year ending 30 April 2025 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 12 June 2025 and were signed on its behalf by
Sasha Warr
Director
Company Registration No. 7228899
Outsourced HR Limited
Notes to the Accounts
for the year ended 30 April 2025
Outsourced HR Limited is a private company, limited by shares, registered in England and Wales, registration number 7228899. The registered office is BUSINESS CENTRAL, 2 UNION SQUARE, DARLINGTON, DL1 1GL, 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.
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.
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
A: 25% Reducing Balance, B: 33% Straight Line, C: 50% Straight Line
Motor vehicles
20% Reducing Balance
Full provision is made for deferred taxation resulting from timing differences between the
recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an undiscounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
The Director considers that it is appropriate to prepare the accounts on a going concern basis.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Outsourced HR Limited
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2024
7,563
35,904
43,467
At 30 April 2025
9,298
35,904
45,202
At 1 May 2024
5,894
14,458
20,352
Charge for the year
1,157
4,289
5,446
At 30 April 2025
7,051
18,747
25,798
At 30 April 2025
2,247
17,157
19,404
At 30 April 2024
1,669
21,446
23,115
Amounts falling due within one year
Accrued income and prepayments
15,763
14,255
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
6,788
7,003
Taxes and social security
14,286
22,902
Loans from directors
8,258
11,064
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
17,249
21,808
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2024: 2).