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Company Registration No. 07200758 (England and Wales)
ALL ABOUT LOCAL MAGAZINES LTD Unaudited accounts for the year ended 31 March 2024
ALL ABOUT LOCAL MAGAZINES LTD Unaudited accounts Contents
Page
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ALL ABOUT LOCAL MAGAZINES LTD Company Information for the year ended 31 March 2024
Director
Sascha Helene McDonald
Company Number
07200758 (England and Wales)
Registered Office
2 New Street,Ledbury,Herefordshire,HR8 2 Ledbury HR8 2DX
Accountants
The Practice - Chartered Management Accountants 2 New Street Ledbury Herefordshire HR8 2DX
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ALL ABOUT LOCAL MAGAZINES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,655 
3,304 
Current assets
Debtors
21,009 
24,356 
Cash at bank and in hand
78,880 
60,883 
99,889 
85,239 
Creditors: amounts falling due within one year
(56,133)
(49,360)
Net current assets
43,756 
35,879 
Total assets less current liabilities
45,411 
39,183 
Provisions for liabilities
Deferred tax
(68)
(381)
Net assets
45,343 
38,802 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,243 
38,702 
Shareholders' funds
45,343 
38,802 
For the year ending 31 March 2024 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 24 July 2024 and were signed on its behalf by
Sascha Helene McDonald Director Company Registration No. 07200758
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ALL ABOUT LOCAL MAGAZINES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ALL ABOUT LOCAL MAGAZINES LTD is a private company, limited by shares, registered in England and Wales, registration number 07200758. The registered office is 2 New Street,Ledbury,Herefordshire,HR8 2, Ledbury, HR8 2DX.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
33%
Pension costs
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,610 
9,414 
13,024 
At 31 March 2024
3,610 
9,414 
13,024 
Depreciation
At 1 April 2023
3,480 
6,240 
9,720 
Charge for the year
43 
1,606 
1,649 
At 31 March 2024
3,523 
7,846 
11,369 
Net book value
At 31 March 2024
87 
1,568 
1,655 
At 31 March 2023
130 
3,174 
3,304 
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ALL ABOUT LOCAL MAGAZINES LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,165 
15,284 
Accrued income and prepayments
10,844 
9,072 
21,009 
24,356 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
346 
26 
Taxes and social security
20,348 
20,053 
Other creditors
- 
922 
Loans from directors
3,556 
1,439 
Accruals
2,321 
2,210 
Deferred income
29,562 
24,710 
56,133 
49,360 
7
Transactions with related parties
Loan from director - No Interest and no fixed date of repayment. S H McDonald £3,556 (2023 £1,439 )
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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