Registration number: 04748637

Outsource International Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 8

Outsource International Limited

(Registration number: 04748637)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	23,232	27,067
Current assets
Stocks	5	-	17,012
Debtors	6	1,010,770	1,091,046
Cash at bank and in hand		495,263	701,634
		1,506,033	1,809,692
Creditors: Amounts falling due within one year	7	(1,207,611)	(1,449,137)
Net current assets		298,422	360,555
Total assets less current liabilities		321,654	387,622
Creditors: Amounts falling due after more than one year	7	(314,463)	-
Net assets		7,191	387,622
Capital and reserves
Called up share capital		100	100
Retained earnings		7,091	387,522
Shareholders' funds		7,191	387,622

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 September 2025 and signed on its behalf by:
 

......................................... N J Stokes Director

Outsource International Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
St Anne's House
Oxford Square
9 - 21 Oxford Street
Newbury
Berkshire
RG14 1JQ
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 9 September 2025 was Dean Blunden BFP FCA, who signed for and on behalf of UHY Ross Brooke.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Contract revenue recognition

Income and expenditure on long term contracts is assessed on a contract by contract basis and reflected in the profit and loss account by recording the relevant proportion of turnover and related costs as contract activity progresses.

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the start of the month of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Outsource International Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line basis
Leasehold improvements	Straight line basis over lease term

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Outsource International Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 21).

4	Tangible assets

	Short leasehold land and buildings £	Office equipment £	Total £
Cost or valuation
At 1 May 2024	28,695	157,218	185,913
Additions	-	7,965	7,965
At 30 April 2025	28,695	165,183	193,878
Depreciation
At 1 May 2024	27,706	131,140	158,846
Charge for the year	989	10,811	11,800
At 30 April 2025	28,695	141,951	170,646
Carrying amount
At 30 April 2025	-	23,232	23,232
At 30 April 2024	989	26,078	27,067

Included within the net book value of land and buildings above is £Nil (2024 - £989) in respect of short leasehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	-	17,012

Outsource International Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	504,477	708,895
Prepayments	105,888	96,222
Other debtors	400,405	285,929
	1,010,770	1,091,046

Outsource International Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		397,606	536,949
Loans and borrowings	8	108,332	20,833
Taxation and social security		170,752	300,298
Other creditors		530,921	591,057
		1,207,611	1,449,137