Abbreviated Company Accounts - LOCALSPRINT LIMITED

LOCALSPRINT LIMITED - Company Information

03949483 LOCALSPRINT LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03949483 2015-04-01 2016-03-31 03949483 2016-03-31 03949483 2015-03-31 03949483 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03949483 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03949483

LOCALSPRINT LIMITED

Abbreviated Accounts

31 March 2016

LOCALSPRINT LIMITED Registered Number 03949483

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	158,433	155,548
		158,433	155,548
Current assets
Debtors		347,667	313,847
Cash at bank and in hand		237,017	225,509
		584,684	539,356
Creditors: amounts falling due within one year		(243,270)	(217,730)
Net current assets (liabilities)		341,414	321,626
Total assets less current liabilities		499,847	477,174
Total net assets (liabilities)		499,847	477,174
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		498,847	476,174
Shareholders' funds		499,847	477,174

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 May 2016

And signed on their behalf by:
M. A. Edmunds, Director

LOCALSPRINT LIMITED Registered Number 03949483

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Brokerage is taken to profit and loss account when the insured is debited. Introductory commissions in respect of life assurance and pension business passed to other insurance brokers are credited when received. Interest earned on bank deposit accounts is credited when received.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost of all tangible fixed assets, other than freehold land, over their estimated useful lives at the following annual rates:-

Fixtures and Fittings 20% Straight Line Basis
Office Equipment 20% Straight Line Basis

2Tangible fixed assets

	£
Cost
At 1 April 2015	264,094
Additions	11,654
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	275,748
Depreciation
At 1 April 2015	108,546
Charge for the year	8,769
On disposals	-
At 31 March 2016	117,315
Net book values
At 31 March 2016	158,433
At 31 March 2015	155,548

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000