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REGISTERED NUMBER: 09988044 (England and Wales)


















Unaudited Cessation Financial Statements

for the Year Ended 28 February 2023

for

Bright Line Law Services Limited

Bright Line Law Services Limited (Registered number: 09988044)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Bright Line Law Services Limited (Registered number: 09988044)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,681 218

CURRENT ASSETS
Debtors 5 637,195 627,959
Cash at bank 73,442 156,752
710,637 784,711
CREDITORS
Amounts falling due within one year 6 (61,429 ) (112,430 )
NET CURRENT ASSETS 649,208 672,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

653,889

672,499

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 653,888 672,498
653,889 672,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





J S Fisher - Director


Bright Line Law Services Limited (Registered number: 09988044)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Bright Line Law Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09988044

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - Straight line over 4 years

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company ceased trading on 30th September 2022 therefore the financial statements have been prepared on a cessation basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Bright Line Law Services Limited (Registered number: 09988044)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 - 3,839 3,839
Additions 6,241 - 6,241
At 28 February 2023 6,241 3,839 10,080
DEPRECIATION
At 1 March 2022 - 3,621 3,621
Charge for year 1,560 218 1,778
At 28 February 2023 1,560 3,839 5,399
NET BOOK VALUE
At 28 February 2023 4,681 - 4,681
At 28 February 2022 - 218 218

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 39,056
Other debtors 637,195 588,903
637,195 627,959

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 13,213
Amounts owed to connected company 31,000 31,000
Taxation and social security 25,706 37,890
Other creditors 4,723 30,327
61,429 112,430

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 February 2023 and the year ended 28 February 2022:

20232022
£   £   

Amounts Advanced51,63492,380
Amounts Repaid(2,469)(1,653)


The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC.