Company Registration No. 09913478 (England and Wales)
Local Measure Limited
Unaudited accounts
for the period from 11 June 2017 to 30 June 2017
Local Measure Limited
Unaudited accounts
Contents
Local Measure Limited
Company Information
for the period from 11 June 2017 to 30 June 2017
Directors
Jonathan Daniel Barouch
Mathew Godfrey West
Company Number
09913478 (England and Wales)
Registered Office
501 The Pillbox
115 Coventry Road
London
E2 6GG
Accountants
Niall O'Driscoll FCMA CGMA
OD Accountants Ltd
Suite 501, The Pillbox, 115 Coventry Rd
Bethnal Green
London
E2 6GG
Local Measure Limited
Statement of financial position
as at 30 June 2017
Tangible assets
7,738
8,012
Cash at bank and in hand
48,593
48,365
Creditors: amounts falling due within one year
(64,851)
(73,730)
Net current assets
18,711
8,033
Called up share capital
51
51
Profit and loss account
26,398
15,994
Shareholders' funds
26,449
16,045
For the period ending 30 June 2017 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 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 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 5 September 2017.
Jonathan Daniel Barouch
Director
Company Registration No. 09913478
Local Measure Limited
Notes to the Accounts
for the period from 11 June 2017 to 30 June 2017
Local Measure Limited is a private company, limited by shares, registered in England and Wales, registration number 09913478. The registered office and principal place of business is 501 The Pillbox, 115 Coventry Road, London, E2 6GG.
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 period, 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:
Fixtures & fittings
33.3% straight line
Computer equipment
33.3% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 11 June 2017
336
9,524
9,860
At 30 June 2017
336
9,524
9,860
At 11 June 2017
-
1,848
1,848
Charge for the period
84
190
274
At 30 June 2017
84
2,038
2,122
At 30 June 2017
252
7,486
7,738
At 10 June 2017
336
7,676
8,012
Local Measure Limited
Notes to the Accounts
for the period from 11 June 2017 to 30 June 2017
5
Debtors
30/06/2017
10/06/2017
Trade debtors
28,698
17,752
Amounts due from group undertakings etc.
51
-
Accrued income and prepayments
4,620
14,046
6
Creditors: amounts falling due within one year
30/06/2017
10/06/2017
Bank loans and overdrafts
-
160
Trade creditors
14,419
30,253
Amounts owed to group undertakings and other participating interests
-
9,291
Taxes and social security
4,870
2,366
Other creditors
41,765
30,106
7
Share capital
30/06/2017
10/06/2017
Allotted, called up and fully paid:
51 Ordinary shares of £1 each
51
51
8
Transactions with related parties
All income comes directly from Online Media Media Holding Ltd the holding company. The funds are then used to support the UK operations.
The company is a fully owned subsidiary of Online Media Holdings Ltd, Lower Ground 200 Grown street, Darlinghurst NSW 2010 Australia.
10
Average number of employees
During the period the average number of employees was 5 (10/06/2017: 4).
