Abbreviated Company Accounts - 123 LEGAL LIMITED

Registered Number 06220307

123 LEGAL LIMITED

Abbreviated Accounts

30 April 2014

123 LEGAL LIMITED Registered Number 06220307

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,312	1,307
		1,312	1,307
Current assets
Debtors		2,914	26,821
Cash at bank and in hand		10,785	21,109
		13,699	47,930
Creditors: amounts falling due within one year		(6,634)	(35,048)
Net current assets (liabilities)		7,065	12,882
Total assets less current liabilities		8,377	14,189
Total net assets (liabilities)		8,377	14,189
Capital and reserves
Called up share capital		100	100
Profit and loss account		8,277	14,089
Shareholders' funds		8,377	14,189

For the year ending 30 April 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 January 2015

And signed on their behalf by:
MOHAMMAD SHAHID, Director

123 LEGAL LIMITED Registered Number 06220307

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 May 2013	1,633
Additions	333
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	1,966
Depreciation
At 1 May 2013	326
Charge for the year	328
On disposals	-
At 30 April 2014	654
Net book values
At 30 April 2014	1,312
At 30 April 2013	1,307