18 February 2022 v2023.25.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP139268752022-02-182023-03-31139268752023-03-3113926875core:WithinOneYear2023-03-3113926875core:ShareCapital2023-03-3113926875core:RetainedEarningsAccumulatedLosses2023-03-3113926875bus:Director12022-02-182023-03-3113926875bus:RegisteredOffice2022-02-182023-03-3113926875core:OfficeEquipment2022-02-182023-03-3113926875core:PlantMachinery2022-02-182023-03-3113926875core:PlantMachinery2023-03-311392687512022-02-182023-03-3113926875countries:EnglandWales2022-02-182023-03-3113926875bus:AuditExempt-NoAccountantsReport2022-02-182023-03-3113926875bus:PrivateLimitedCompanyLtd2022-02-182023-03-3113926875bus:SmallEntities2022-02-182023-03-3113926875bus:FullAccounts2022-02-182023-03-31
Company registration number:
13926875
Tim Elliott Legal Rep Ltd
Unaudited Filleted Financial Statements for the period ended
31 March 2023
Tim Elliott Legal Rep Ltd
Statement of Financial Position
31 March 2023
31 Mar 2023
Note£
Fixed assets  
Tangible assets 5
937
 
Current assets  
Debtors 6
9,822
 
Cash at bank and in hand
7,857
 
17,679
 
Creditors: amounts falling due within one year 7
(4,108
)
Net current assets
13,571
 
Total assets less current liabilities 14,508  
Capital and reserves  
Called up share capital
1
 
Profit and loss account
14,507
 
Shareholders funds
14,508
 
For the period ending
31 March 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
14 May 2023
, and are signed on behalf of the board by:
Timothy Elliott
Director
Company registration number:
13926875
Tim Elliott Legal Rep Ltd
Notes to the Financial Statements
Period ended
31 March 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
19
,
St Edmunds Road, Weeting
,
Brandon
,
Norfolk
,
IP27 0QY
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

4 Average number of employees

The average number of persons employed by the company during the period was
2
.

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
18 February 2022
-  
Additions
1,249
 
At
31 March 2023
1,249
 
Depreciation  
At
18 February 2022
-  
Charge
312
 
At
31 March 2023
312
 
Carrying amount  
At
31 March 2023
937
 

6 Debtors

31 Mar 2023
£
Trade debtors
9,821
 
Other debtors
1
 
9,822
 

7 Creditors: amounts falling due within one year

31 Mar 2023
£
Trade creditors
404
 
Taxation and social security
3,757
 
Other creditors
(53
)
4,108