Local Lettings and Estates Limited - Limited company - abbreviated

REGISTERED NUMBER: 08243373 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2015

for

LOCAL LETTINGS AND ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms D Proctor

Ms L J Harrison

REGISTERED OFFICE:

Midland House

77 Huddersfield Road

Mirfield

West Yorkshire

WF14 8BL

REGISTERED NUMBER:

08243373 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

FIXED ASSETS

Intangible assets

2

75,833

85,833

CURRENT ASSETS

Debtors

1,625

631

Cash at bank and in hand

22,072

29,152

23,697

29,783

CREDITORS

Amounts falling due within one year

98,508

115,341

NET CURRENT LIABILITIES

(74,811

)

(85,558

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,022

275

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

922

175

SHAREHOLDERS' FUNDS

1,022

275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 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 profit or loss 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 31st May 2015 and were signed on its behalf by:

Ms D Proctor - Director

Ms L J Harrison - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

and 31st March 2015

100,000

AMORTISATION

At 1st April 2014

14,167

Amortisation for year

10,000

At 31st March 2015

24,167

NET BOOK VALUE

At 31st March 2015

75,833

At 31st March 2014

85,833

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

100

ordinary

1

100

Local Lettings and Estates Limited - Limited company - abbreviated - 11.6

Local Lettings and Estates Limited - Limited company - abbreviated - 11.6