THIRD SECTOR LAW LIMITED

THIRD SECTOR LAW LIMITED

THIRD SECTOR LAW LIMITED - Company Information

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THIRD SECTOR LAW LIMITED

Company Registration Number:
08361914 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2020

Period of accounts

Start date: 1 April 2019

End date: 31 March 2020

THIRD SECTOR LAW LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THIRD SECTOR LAW LIMITED

Profit And Loss Account

for the Period Ended 31 March 2020

2020 2019


£
£
Turnover: 35,249 25,824
Cost of sales: ( 4,676 ) ( 2,789 )
Gross profit(or loss): 30,573 23,035
Distribution costs: 0 0
Administrative expenses: ( 27,022 ) ( 23,378 )
Other operating income: 0 0
Operating profit(or loss): 3,551 (343)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 3,551 (343)
Tax: ( 2,606 )
Profit(or loss) for the financial year: 945 (343)

THIRD SECTOR LAW LIMITED

Balance sheet

As at 31 March 2020

Notes 2020 2019


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 100 199
Investments:   0 0
Total fixed assets: 100 199
Current assets
Stocks: 4 30,000 30,000
Debtors: 5 3,080 3,080
Cash at bank and in hand: 1,315 4,213
Investments:   0 0
Total current assets: 34,395 37,293
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 21,085 ) ( 25,027 )
Net current assets (liabilities): 13,310 12,266
Total assets less current liabilities: 13,410 12,465
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 13,410 12,465
Capital and reserves
Called up share capital: 1 1
Share premium account: 13,409 12,464
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 13,410 12,465

The notes form part of these financial statements

THIRD SECTOR LAW LIMITED

Balance sheet statements

For the year ending 31 March 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 March 2021
and signed on behalf of the board by:

Name: Alison Maclennan
Status: Director

The notes form part of these financial statements

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets other than land and properties under construction over their estimated useful lives as follows: office equipment depreciating straight line over 3 years.

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 2. Employees

    2020 2019
    Average number of employees during the period 1 1

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2019 5,016 5,016
Additions
Disposals
Revaluations
Transfers
At 31 March 2020 5,016 5,016
Depreciation
At 1 April 2019 4,817 4,817
Charge for year 99 99
On disposals
Other adjustments
At 31 March 2020 4,916 4,916
Net book value
At 31 March 2020 100 100
At 31 March 2019 199 199

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Stocks

2020 2019
£ £
Stocks 30,000 30,000
Payments on account 0 0
Total 30,000 30,000

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Debtors

2020 2019
£ £
Other debtors 3,080 3,080
Total 3,080 3,080

THIRD SECTOR LAW LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

6. Creditors: amounts falling due within one year note

2020 2019
£ £
Bank loans and overdrafts 5,827 10,280
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 13,094 10,874
Accruals and deferred income 1,256 1,256
Other creditors 908 2,617
Total 21,085 25,027