Abbreviated Company Accounts - THE LOCAL ACCOUNTANT LTD

THE LOCAL ACCOUNTANT LTD - Company Information

07358930 THE LOCAL ACCOUNTANT LTD 2014-08-31 false 2013-09-01 2014-08-31 true 07358930 2013-09-01 2014-08-31 07358930 2014-08-31 07358930 2013-08-31 07358930 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07358930 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07358930

THE LOCAL ACCOUNTANT LTD

Abbreviated Accounts

31 August 2014

THE LOCAL ACCOUNTANT LTD Registered Number 07358930

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	32,000	36,400
Tangible assets	3	14,430	14,430
		46,430	50,830
Current assets
Stocks		-	6,175
Cash at bank and in hand		25,329	20,685
		25,329	26,860
Creditors: amounts falling due within one year		(71,403)	(34,894)
Net current assets (liabilities)		(46,074)	(8,034)
Total assets less current liabilities		356	42,796
Creditors: amounts falling due after more than one year		-	(42,368)
Total net assets (liabilities)		356	428
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		256	328
Shareholders' funds		356	428

For the year ending 31 August 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 30 May 2015

And signed on their behalf by:
Mr R Brinsdon, Director

THE LOCAL ACCOUNTANT LTD Registered Number 07358930

Notes to the Abbreviated Accounts for the period ended 31 August 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 the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

2Intangible fixed assets

	£
Cost
At 1 September 2013	52,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	52,000
Amortisation
At 1 September 2013	15,600
Charge for the year	4,400
On disposals	-
At 31 August 2014	20,000
Net book values
At 31 August 2014	32,000
At 31 August 2013	36,400

3Tangible fixed assets

	£
Cost
At 1 September 2013	23,265
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	23,265
Depreciation
At 1 September 2013	8,835
Charge for the year	-
On disposals	-
At 31 August 2014	8,835
Net book values
At 31 August 2014	14,430
At 31 August 2013	14,430

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100