ELIXIR LAW LIMITED - Accounts


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Registered Number: 08055048
England and Wales

 

 

 

ELIXIR LAW LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2020

End date: 31 March 2021
 
 
Notes
 
2021
£
  2020
£
Fixed assets      
Tangible fixed assets   65 
Investments 780    780 
780    845 
Current assets      
Debtors 23,071    11,218 
Cash at bank and in hand 12,257    384 
35,328    11,602 
Creditors: amount falling due within one year (45,001)   (4,727)
Net current liabilities (9,673)   6,875 
 
Total assets less current liabilities (8,893)   7,720 
Creditors: amount falling due after more than one year  
Net liabilities (8,893)   7,720 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (8,894)   7,719 
Shareholder's funds (8,893)   7,720 
 


For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 11 December 2021 and were signed by:


--------------------------------
Nazam Ali
Director
1
General Information
ELIXIR LAW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08055048, registration address 97 Egerton Road North , Whalley Rangge, Manchester, M16 0DH

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 1 (2020 : 1).
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 April 2020  
Additions 780    780 
Transfer to/from Tangible fixed assets  
Disposals  
At 31 March 2021 780    780 

2