NEWLINE LOGIC LIMITED

NEWLINE LOGIC LIMITED

NEWLINE LOGIC LIMITED - Company Information

Print Friendly Version

NEWLINE LOGIC LIMITED

Company Registration Number:
10513350 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

NEWLINE LOGIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

NEWLINE LOGIC LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 147,601 131,889
Investments:   0 0
Total fixed assets: 147,601 131,889
Current assets
Stocks: 13,607 5,015
Debtors:   828,973 608,622
Cash at bank and in hand: 23,461 221,639
Investments:   0 0
Total current assets: 866,041 835,276
Creditors: amounts falling due within one year: 4 (180,829) (225,220)
Net current assets (liabilities): 685,212 610,056
Total assets less current liabilities: 832,813 741,945
Creditors: amounts falling due after more than one year: 5 (473,018) (480,707)
Total net assets (liabilities): 359,795 261,238
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 359,695 261,138
Shareholders funds: 359,795 261,238

The notes form part of these financial statements

NEWLINE LOGIC LIMITED

Balance sheet statements

For the year ending 31 December 2022 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 22 September 2023
and signed on behalf of the board by:

Name: Kevin Hodgers
Status: Director

The notes form part of these financial statements

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 15 19

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 248,404
Additions 65,233
Disposals (3,640)
Revaluations 0
Transfers 0
At 31 December 2022 309,997
Depreciation
At 01 January 2022 116,515
Charge for year 47,965
On disposals (2,084)
At 31 December 2022 162,396
Net book value
At 31 December 2022 147,601
At 31 December 2021 131,889

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

Bank Loan /Leases/HP - £ 27 744Trade Creditors - £ 85 061Taxation - £56 967Other Creditors - £610Accrual-pension £1 225Other accruals - £9 222

NEWLINE LOGIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due after more than one year note

Other Loan - £218 175Government Loan - £34 167Finance Leases and Hire Purchases- £27 309Director's Loan Accounts - £ 193 367