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Registered number: 15215292
Local Services Marketing Solutions Ltd
Unaudited Financial Statements
For the Period 17 October 2023 to 31 October 2024
Wizz Accounting Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 15215292
31 October 2024
Notes £ £
CURRENT ASSETS
Cash at bank and in hand 553
553
NET CURRENT ASSETS (LIABILITIES) 553
TOTAL ASSETS LESS CURRENT LIABILITIES 553
Creditors: Amounts Falling Due After More Than One Year 4 (15,590 )
NET LIABILITIES (15,037 )
CAPITAL AND RESERVES
Called up share capital 5 3,000
Profit and Loss Account (18,037 )
SHAREHOLDERS' FUNDS (15,037)
For the period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Alberto Garcia Sumozas
Director
24 September 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Local Services Marketing Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15215292 . The registered office is 128 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Creditors: Amounts Falling Due After More Than One Year
31 October 2024
£
Amounts owed to group undertakings 15,590
5. Share Capital
31 October 2024
£
Allotted, Called up and fully paid 3,000
6. Related Party Transactions
Local Services Marketing Solutions Ltd is 100% owned by Local Services Marketing Solutions Sl.
During the year loans were made to Local Services Marketing Solutions Ltd by Local Services Marketing Solutions Sl. At the year end a balance of £15,590 was due from Local Services Marketing Solutions Ltd to Local Services Marketing Solutions Sl.
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