Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12101923 Miss Rani Jeganathan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12101923 2024-07-31 12101923 2025-07-31 12101923 2024-08-01 2025-07-31 12101923 frs-core:CurrentFinancialInstruments 2025-07-31 12101923 frs-core:ShareCapital 2025-07-31 12101923 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12101923 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12101923 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12101923 frs-bus:SmallEntities 2024-08-01 2025-07-31 12101923 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12101923 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12101923 frs-bus:Director1 2024-08-01 2025-07-31 12101923 frs-countries:EnglandWales 2024-08-01 2025-07-31 12101923 2023-07-31 12101923 2024-07-31 12101923 2023-08-01 2024-07-31 12101923 frs-core:CurrentFinancialInstruments 2024-07-31 12101923 frs-core:ShareCapital 2024-07-31 12101923 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12101923
Outile Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Global Outsourcing & Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12101923
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,549 4,023
Cash at bank and in hand 170 -
5,719 4,023
Creditors: Amounts Falling Due Within One Year 5 (4,866 ) (2,990 )
NET CURRENT ASSETS (LIABILITIES) 853 1,033
TOTAL ASSETS LESS CURRENT LIABILITIES 853 1,033
NET ASSETS 853 1,033
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 852 1,032
SHAREHOLDERS' FUNDS 853 1,033
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Rani Jeganathan
Director
18/09/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Outile Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12101923 . The registered office is The Business Centre, 28 Mill Street, Ottery St. Mary, Devon, EX11 1AD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 5)
4 5
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,550 2,603
Net wages 1,999 1,420
5,549 4,023
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 182 560
Bank loans and overdrafts - 376
Other taxes and social security 177 161
VAT 4,544 2,101
Other creditors (37 ) (208 )
4,866 2,990
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 2