Company Registration No. 08681695 (England and Wales)
Smart Outsourcing and Consultancy Limited
Unaudited accounts
for the year ended 31 August 2018
Smart Outsourcing and Consultancy Limited
Unaudited accounts
Contents
Smart Outsourcing and Consultancy Limited
Company Information
for the year ended 31 August 2018
Company Number
08681695 (England and Wales)
Registered Office
40 CLEVELAND ROAD
WORCESTER PARK
SURREY
KT4 7JQ
Accountants
SimpleBooks
Suite 47
101 Clapham High Street
London
SW4 7TB
Smart Outsourcing and Consultancy Limited
Accountants' report
Accountants' report to the director of Smart Outsourcing and Consultancy Limited on the preparation of the unaudited statutory accounts for the year ended 31 August 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Smart Outsourcing and Consultancy Limited for the year ended
31 August 2018 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Smart Outsourcing and Consultancy Limited, as a body, in accordance with the terms of our engagement letter dated 30 November 2016. Our work has been undertaken solely to prepare for your approval the accounts of Smart Outsourcing and Consultancy Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smart Outsourcing and Consultancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Smart Outsourcing and Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Smart Outsourcing and Consultancy Limited. You consider that Smart Outsourcing and Consultancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Smart Outsourcing and Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SimpleBooks
Suite 47
101 Clapham High Street
London
SW4 7TB
13 May 2019
Smart Outsourcing and Consultancy Limited
Statement of financial position
as at
31 August 2018
Cash at bank and in hand
644,946
558,639
Creditors: amounts falling due within one year
(122,549)
(106,252)
Net current assets
636,205
539,877
Net assets
636,970
540,833
Called up share capital
100
100
Profit and loss account
636,870
540,733
Shareholders' funds
636,970
540,833
For the year ending 31 August 2018 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.
Approved by the Board on 13 May 2019.
Mitra Asilzadeh
Director
Company Registration No. 08681695
Smart Outsourcing and Consultancy Limited
Notes to the Accounts
for the year ended 31 August 2018
Smart Outsourcing and Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 08681695. The registered office is 40 CLEVELAND ROAD, WORCESTER PARK, SURREY, KT4 7JQ.
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.
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:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2017
1,421
Trade debtors
113,168
79,048
Smart Outsourcing and Consultancy Limited
Notes to the Accounts
for the year ended 31 August 2018
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
13,740
23,334
Taxes and social security
38,799
51,897
Other creditors
68,190
29,311
The controlling party is MRS M ASILZADEH.
8
Average number of employees
During the year the average number of employees was 2 (2017: 1).