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ELEMENT LAW LIMITED




Company Registration Number:
06866778 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

ELEMENT LAW LIMITED

Company Information
for the Period Ended
31st March 2010




Director: Sarah Bird
Company secretary: John Bird
Registered office: 35 Shaw Street
Ruddington
Nottingham
Notts
NG11 6HF
GB-ENG
Company Registration Number: 06866778 (England and Wales)

ELEMENT LAW LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£

£
Fixed assets
Tangible assets: 6 338 -
Total fixed assets: 338 -
Current assets
Debtors: 7 4,310 -
Cash at bank and in hand: 3,162 -
Total current assets: 7,472 -
Creditors
Creditors: amounts falling due within one year 8 5,778 -
Net current assets (liabilities): 1,694 -
Total assets less current liabilities: 2,032 -
Creditors: amounts falling due after more than one year: 9 71 -
Total net assets (liabilities): 1,961 -

The notes form part of these financial statements

ELEMENT LAW LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£

£
Capital and reserves
Called up share capital: 10 1 -
Profit and Loss account: 1,960 -
Total shareholders funds: 1,961 -

For the year ending 31 March 2010 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.

The financial statements were approved by the Board of Directors on 15 September 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Sarah Bird
Status: Director

The notes form part of these financial statements

ELEMENT LAW LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007).

    Tangible fixed assets depreciation policy

    Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates: Office equipment: 25% per annum straight line

  • 6. Tangible assets

    Total
    Cost £
    Additions: 451
    At 31st March 2010: 451
    Depreciation
    Charge for year: 113
    At 31st March 2010: 113
    Net book value
    At 31st March 2010: 338

  • 7. Debtors

    2010
    £

    £
    Trade debtors: 2,129 -
    Prepayments and accrued income: 2,181 -
    Total: 4,310 -

    All amounts are due within one year.

  • 8. Creditors: amounts falling due within one year

    2010
    £

    £
    Taxation and social security: 450 -
    Accruals and deferred income: 349 -
    Other creditors: 4,979 -
    Total: 5,778 -

  • 9. Creditors: amounts falling due after more than one year

    2010
    £

    £
    Other creditors: 71 -
    Total: 71 -

    Other creditors represents deferred tax.

  • 10. Called up share capital

    Allotted, called up and paid

    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1 1
    Total share capital: 1