ISIS_LEGAL_LIMITED - Accounts

Company Registration Number 06071297 (England and Wales)
ISIS LEGAL LIMITED
T/A SARAH FRANKLIN SOLICITORS
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
ISIS LEGAL LIMITED
T/A SARAH FRANKLIN SOLICITORS
BALANCE SHEET
AS AT 31 MARCH 2019
31 March 2019
- 1 -
2019
2018
£
£
£
£
Fixed assets
14,631
12,800
Current assets
64,448
87,247
Prepayments and accrued income
546
1,739
Creditors: amounts falling due within one year
(57,502)
(64,570)
Net current assets
7,492
24,416
Total assets less current liabilities
22,123
37,216
Creditors: amounts falling due after more than one year
(11,372)
(18,395)
Net assets
10,751
18,821
Capital and reserves
10,751
18,821
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the year end there is a balance owed to the company director amounting to £20 (2018 - £7,345 owed from the company director). This balance is unsecured, interest free and repayable on demand. During the year there have been amounts advanced of £61,986 and amounts repaid of £69,351.

2
Financial commitments, guarantees and contingencies

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases amounting to £219,965 (2018 - £21,783), of which £211,250 relates to the balance of a 15 year lease for the business premises, expiring in May 2033, at an annual rent of £15,000.

3
Average employees

The average number of persons (including directors) employed by the company during the year was 3 (2018 - 3).

Isis Legal Limited is a private company limited by shares incorporated in England and Wales. The registered office is 21 Market Street, Kettering, NN16 0AH.

 

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

ISIS LEGAL LIMITED
T/A SARAH FRANKLIN SOLICITORS
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2019
31 March 2019
- 2 -

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 22 August 2019
S E Franklin
Director
Company Registration Number 06071297
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