Bright Line Law Administration Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07871705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Bright Line Law Administration Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

407

-

CURRENT ASSETS

Debtors

5

50,696

42,783

Cash at bank

11,539

11,922

62,235

54,705

CREDITORS

Amounts falling due within one year

6

36,309

36,246

NET CURRENT ASSETS

25,926

18,459

TOTAL ASSETS LESS CURRENT LIABILITIES

26,333

18,459

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

26,233

18,359

SHAREHOLDERS' FUNDS

26,333

18,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2020 and were signed by:

Mrs P Y Fisher - Director

1.	STATUTORY INFORMATION

Bright Line Law Administration Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

07871705

Registered office:

Treviot House

186-192 High Road

Ilford

Essex

IG1 1LR

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"

of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland" and the Companies Act 2006.

Turnover

Turnover represents the total invoice value of sales made during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

Straight line over 4 years

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2019

500

Additions

543

At 31 December 2019

1,043

DEPRECIATION

At 1 January 2019

500

Charge for year

136

At 31 December 2019

636

NET BOOK VALUE

At 31 December 2019

407

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by a related party

31,000

31,000

Other debtors

19,696

11,783

50,696

42,783

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

24

-

Taxation and social security

5,089

6,758

Other creditors

31,196

29,488

36,309

36,246

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2019 and the year

ended 31 December 2018:

2019

2018

£

£

Amounts Advanced

22,655

25,245

Amounts Repaid

(14,742

)

(6,062

)

The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC.