LOC ONE Limited - Period Ending 2016-04-30
LOC ONE Limited - Period Ending 2016-04-30
Registration number:
Unaudited Abbreviated Accounts
for the Period from
LOC ONE Limited
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
LOC ONE Limited
for the Period Ended 30 April 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LOC ONE Limited for the period ended 30 April 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to the Board of Directors of LOC ONE Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of LOC ONE Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LOC ONE Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that LOC ONE Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of LOC ONE Limited. You consider that LOC ONE Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of LOC ONE Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Phillip Carroll Associates Limited
Chartered Certified Accountants
10 Ambassador Place
Stockport Road
Altrincham
Cheshire
WA15 8DB
27 January 2017
LOC ONE Limited
(Registration number: 09561807)
Abbreviated Balance Sheet at 30 April 2016
Note |
30 April 2016
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
( |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mr C J H Chambers
Director
2
LOC ONE Limited
Notes to the Abbreviated Accounts for the Period from 27 April 2015 to 30 April 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Deferred tax
Hire purchase and leasing
Financial instruments
LOC ONE Limited
Notes to the Abbreviated Accounts for the Period from 27 April 2015 to 30 April 2016
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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Additions |
2,599 |
2,599 |
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At 30 April 2016 |
2,599 |
2,599 |
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Depreciation |
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Charge for the period |
239 |
239 |
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At 30 April 2016 |
239 |
239 |
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Net book value |
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At 30 April 2016 |
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Share capital |
Allotted, called up and fully paid shares
30 April 2016 |
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No. |
£ |
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