LocalEyes Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07722105 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

LocalEyes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P C S Lytton Anderson

S Stathakis

M Wallis

SECRETARY:

Ms D Davies

REGISTERED OFFICE:

TechHub

11 Wind Street

Swansea

SA1 1DP

REGISTERED NUMBER:

07722105 (England and Wales)

ACCOUNTANTS:

Sterling Rees Limited

G5 The Business Centre

Cardiff House

Cardiff Road

Barry

CF63 2AW

FIXED ASSETS

Tangible assets

2

416

-

CURRENT ASSETS

Debtors

4,117

4,900

Cash at bank

15,954

16,408

20,071

21,308

CREDITORS

Amounts falling due within one year

30,792

4,663

NET CURRENT (LIABILITIES)/ASSETS

(10,721

)

16,645

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,305

)

16,645

RESERVES

Income and expenditure account

(10,305

)

16,645

(10,305

)

16,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 surplus or deficit 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 March 2015 and were signed on its behalf by:

P C S Lytton Anderson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

499

At 31 July 2014

499

DEPRECIATION

Charge for year

83

At 31 July 2014

83

NET BOOK VALUE

At 31 July 2014

416