Abbreviated Company Accounts - LONTRA LIMITED

05063449 LONTRA LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 05063449 2013-07-01 2014-06-30 05063449 2014-06-30 05063449 2013-06-30 05063449 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 05063449 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 05063449

LONTRA LIMITED

Abbreviated Accounts

30 June 2014

LONTRA LIMITED Registered Number 05063449

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	723,033	723,033
Tangible assets	3	53,315	11,924
Investments		-	-
		776,348	734,957
Current assets
Stocks		-	-
Debtors		5,208	5,411
Investments		-	-
Cash at bank and in hand		699,569	645,803
		704,777	651,214
Prepayments and accrued income		16,649	25,895
Creditors: amounts falling due within one year		(766,594)	(383,377)
Net current assets (liabilities)		(45,168)	293,732
Total assets less current liabilities		731,180	1,028,689
Creditors: amounts falling due after more than one year		(562,500)	0
Provisions for liabilities		0	0
Accruals and deferred income		(8,635)	(3,754)
Total net assets (liabilities)		160,045	1,024,935
Capital and reserves
Called up share capital	4	3,144	3,106
Share premium account		2,879,551	2,879,551
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(2,722,650)	(1,857,722)
Shareholders' funds		160,045	1,024,935

For the year ending 30 June 2014 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 28 March 2015

And signed on their behalf by:
Stephen Lindsey, Director

LONTRA LIMITED Registered Number 05063449

Notes to the Abbreviated Accounts for the period ended 30 June 2014

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
Turnover represents net invoiced sales of services, excluding value added tax

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depteciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment - over 2 years
Workshop equipment - over 2 years
Office furniture - over 2 years

Intangible assets amortisation policy
Intangible assets are held on the balance at cost until such time as income is generated from the asset at which time the cost will be amortised over the expected period of the income.

2Intangible fixed assets

	£
Cost
At 1 July 2013	723,033
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2014	723,033
Amortisation
At 1 July 2013	0
Charge for the year	0
On disposals	0
At 30 June 2014	0
Net book values
At 30 June 2014	723,033
At 30 June 2013	723,033

3Tangible fixed assets

	£
Cost
At 1 July 2013	91,653
Additions	64,539
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2014	156,192
Depreciation
At 1 July 2013	79,729
Charge for the year	23,148
On disposals	0
At 30 June 2014	102,877
Net book values
At 30 June 2014	53,315
At 30 June 2013	11,924

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
314,365 Ordinary shares of £0.01 each (310,615 shares for 2013)	3,144	3,106