Bright Line Law Administration Limited - Accounts to registrar (filleted) - small 18.2
Bright Line Law Administration Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2021 |
for |
Bright Line Law Administration Limited |
Bright Line Law Administration Limited (Registered number: 07871705) |
Contents of the Financial Statements |
for the Year Ended 31 December 2021 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Bright Line Law Administration Limited (Registered number: 07871705) |
Balance Sheet |
31 December 2021 |
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
Bright Line Law Administration Limited (Registered number: 07871705) |
Balance Sheet - continued |
31 December 2021 |
The financial statements were approved by the director and authorised for issue on |
Bright Line Law Administration Limited (Registered number: 07871705) |
Notes to the Financial Statements |
for the Year Ended 31 December 2021 |
1. | STATUTORY INFORMATION |
Bright Line Law Administration Limited is a |
Registered number: |
Registered office: |
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 |
Computer equipment | - |
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 |
Bright Line Law Administration Limited (Registered number: 07871705) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 January 2021 |
and 31 December 2021 |
DEPRECIATION |
At 1 January 2021 |
Charge for year |
At 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
At 31 December 2020 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Amounts owed by a related party |
Directors' loan accounts | - | 4,327 |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Tax |
Other creditors |
Directors' loan accounts | 16,083 | - |
Accruals and deferred income |
Bright Line Law Administration Limited (Registered number: 07871705) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the year ended 31 December 2021 and the year ended 31 December 2020: |
2021 | 2020 |
£ | £ |
Amounts Advanced | 1,500 | 5,075 |
Amounts Repaid | (21,910 | ) | (12,944 | ) |
The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC. |