FM Legal Limited - Limited company - abbreviated

REGISTERED NUMBER: 07665808 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

FM Legal Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr T Sabri

Dr Q W Z Jalisi

REGISTERED OFFICE:

5 The Crescent

Surbiton

Surrey

KT6 4BN

REGISTERED NUMBER:

07665808 (England and Wales)

ACCOUNTANTS:

Braywood Ltd

35 Station Approach

West Byfleet

Surrey

KT14 6NF

CURRENT ASSETS

Debtors

82,222

149,885

Cash at bank

208

13

82,430

149,898

CREDITORS

Amounts falling due within one year

5,314

78,239

NET CURRENT ASSETS

77,116

71,659

TOTAL ASSETS LESS CURRENT
LIABILITIES

77,116

71,659

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

77,016

71,559

SHAREHOLDERS' FUNDS

77,116

71,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 December 2014 and were signed on its behalf
by:

Dr T Sabri - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors expect that trading over the next twelve months will generate positive cash flows and have

therefore adopted the going concern basis of preparing the financial statements

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

£1

100

3.	RELATED PARTY DISCLOSURES

Flawless Money Limited

A company under the same control

Management fees totalling £29,788 (2013: £110,865) were payable to Flawless Money Ltd for the year for

provision of staff and facilities. At the balance sheet date the company was owed £61,534 (2013: £82,767) by

Flawless Money Limited.

FM Legal Limited - Limited company - abbreviated - 11.6

FM Legal Limited - Limited company - abbreviated - 11.6