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 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

NEWLINE LOGIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

NEWLINE LOGIC LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 131,889 133,223
Total fixed assets: 131,889 133,223
Current assets
Stocks: 5,015 3,005
Debtors:   608,622 609,638
Cash at bank and in hand: 221,639 37,460
Total current assets: 835,276 650,103
Creditors: amounts falling due within one year:   (225,220) (159,557)
Net current assets (liabilities): 610,056 490,546
Total assets less current liabilities: 741,945 623,769
Creditors: amounts falling due after more than one year:   (480,707) (494,229)
Total net assets (liabilities): 261,238 129,540
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 261,138 129,440
Shareholders funds: 261,238 129,540

The notes form part of these financial statements

NEWLINE LOGIC LIMITED

Balance sheet statements

For the year ending 31 December 2021 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 25 August 2022
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 2021

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 2021

2. Employees

2021 2020
Average number of employees during the period 8 16

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 213,934
Additions 34,470
At 31 December 2021 248,404
Depreciation
At 01 January 2021 80,711
Charge for year 35,804
At 31 December 2021 116,515
Net book value
At 31 December 2021 131,889
At 31 December 2020 133,223