LONTRA LIMITED

LONTRA LIMITED

LONTRA LIMITED - Company Information

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LONTRA LIMITED

Company Registration Number:
05063449 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2017

Period of accounts

Start date: 01 July 2016

End date: 30 June 2017

LONTRA LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2017

Balance sheet
Notes

LONTRA LIMITED

Balance sheet

As at 30 June 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 0 723,033
Tangible assets: 3 31,501 66,842
Investments:   0 0
Total fixed assets: 31,501 789,875
Current assets
Stocks: 0 0
Debtors: 4 381,266 270,792
Cash at bank and in hand: 782,882 1,026,178
Investments:   0 0
Total current assets: 1,164,148 1,296,970
Creditors: amounts falling due within one year: 5 (143,638) (113,060)
Net current assets (liabilities): 1,020,510 1,183,910
Total assets less current liabilities: 1,052,011 1,973,785
Creditors: amounts falling due after more than one year: 6 (975,000) (1,300,424)
Provision for liabilities: 0 0
Total net assets (liabilities): 77,011 673,361
Capital and reserves
Called up share capital: 3,718 3,632
Share premium account: 6,316,454 5,606,566
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (6,243,161) (4,936,837)
Shareholders funds: 77,011 673,361

The notes form part of these financial statements

LONTRA LIMITED

Balance sheet statements

For the year ending 30 June 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 02 August 2017
and signed on behalf of the board by:

Name: S F Lindsey
Status: Director

The notes form part of these financial statements

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

2. Intangible Assets

Total
Cost £
At 01 July 2016 723,033
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2017 723,033
Amortisation
At 01 July 2016 0
Charge for year 723,033
On disposals 0
Other adjustments 0
At 30 June 2017 723,033
Net book value
At 30 June 2017 0
At 30 June 2016 723,033

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

3. Tangible Assets

Total
Cost £
At 01 July 2016 403,473
Additions 26,752
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2017 430,225
Depreciation
At 01 July 2016 336,631
Charge for year 62,093
On disposals 0
Other adjustments 0
At 30 June 2017 398,724
Net book value
At 30 June 2017 31,501
At 30 June 2016 66,842

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 0 0

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

5. Creditors: amounts falling due within one year note

Trade creditors £63,216Taxation and social security £29,206Other creditors £51,216

LONTRA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

6. Creditors: amounts falling due after more than one year note

Development grants £0Royalty advances £975,000