NEWLINE LOGIC LIMITED

NEWLINE LOGIC LIMITED

NEWLINE LOGIC LIMITED - Company Information

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NEWLINE LOGIC LIMITED

Company Registration Number:
10513350 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

NEWLINE LOGIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

NEWLINE LOGIC LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 133,223 167,385
Total fixed assets: 133,223 167,385
Current assets
Stocks: 3,005 21,305
Debtors:   609,638 480,552
Cash at bank and in hand: 37,460 101
Total current assets: 650,103 501,958
Creditors: amounts falling due within one year:   (159,557) (343,760)
Net current assets (liabilities): 490,546 158,198
Total assets less current liabilities: 623,769 325,583
Creditors: amounts falling due after more than one year:   (494,229) (457,511)
Total net assets (liabilities): 129,540 (131,928)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 129,440 (132,028)
Shareholders funds: 129,540 (131,928)

The notes form part of these financial statements

NEWLINE LOGIC LIMITED

Balance sheet statements

For the year ending 31 December 2020 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.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 May 2021
and signed on behalf of the board by:

Name: Alan Burke
Status: Director

The notes form part of these financial statements

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

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

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 16 12

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 213,393
Additions 541
At 31 December 2020 213,934
Depreciation
At 01 January 2020 46,008
Charge for year 34,703
At 31 December 2020 80,711
Net book value
At 31 December 2020 133,223
At 31 December 2019 167,385