Company Registration Number 09935459 (England and Wales)
IN-LINE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
IN-LINE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
£
£
£
£
Fixed assets
24,605
27,809
Current assets
30,954
44,157
Prepayments and accrued income
952
1,768
Creditors: amounts falling due within one year
(20,121)
(24,081)
Net current assets
11,785
21,844
Total assets less current liabilities
36,390
49,653
Creditors: amounts falling due after more than one year
(3,648)
(6,511)
Accruals and deferred income
(4,524)
(1,800)
Net assets
28,218
41,342
Capital and reserves
28,218
41,342
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year advances were made to the director Mr A Briscoe of £40,704 (2018 £10,934). Mr Briscoe made repayments during the year of £40,704 (2018 £10,934). No interest was charged or paid. As a result, at the year end the balance on the Director's Loan Account for Mr Briscoe was £0 (2018 £0).
2
Financial commitments, guarantees and contingencies
Off Balance Sheet arrangements
At 31 March 2019, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £14,375 (2018 £0).
3
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2019
2018
Number
Number
Employees
1
1
IN-LINE LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2019
31 March 2019
- 2 -
In-Line Limited is a private company limited by shares incorporated in England and Wales. The registered office is 34 Spring Crescent, Whittle-le-Woods, Chorley, PR6 8AD.
For the year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 December 2019
Director
Company Registration Number 09935459