Thinking Legal Limited - Limited company - abbreviated - 11.6

Thinking Legal Limited - Limited company - abbreviated - 11.6

THINKING LEGAL LIMITED - Company Information

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REGISTERED NUMBER: 08533861 (England and Wales)












THINKING LEGAL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

17TH MAY 2013 TO 31ST MAY 2014






THINKING LEGAL LIMITED (REGISTERED NUMBER: 08533861)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 17TH MAY 2013 TO 31ST MAY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

Chartered Accountants' Report 5

THINKING LEGAL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17TH MAY 2013 TO 31ST MAY 2014







DIRECTORS: Mr S Bond
Mrs J E M Bond



REGISTERED OFFICE: Tower House
Cofton Church Lane
Cofton Hackett
Birmingham
West Midlands
B45 8BH



REGISTERED NUMBER: 08533861 (England and Wales)



ACCOUNTANTS: Ormerod Rutter Limited
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY



BANKERS: HSBC Bank plc
148 High Street
Harbourne
Birmingham
West Midlands
B17 9PN
Page 1
THINKING LEGAL LIMITED (REGISTERED NUMBER: 08533861)

ABBREVIATED BALANCE SHEET
31ST MAY 2014

Notes £    £   
FIXED ASSETS
Intangible assets 2 300,200
Tangible assets 3 1,000
301,200

CURRENT ASSETS
Debtors 21,440
Cash at bank 66,772
88,212
CREDITORS
Amounts falling due within one year 337,403
NET CURRENT LIABILITIES (249,191 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
52,009

CAPITAL AND RESERVES
Called up share capital 4 2
Profit and loss account 52,007
SHAREHOLDERS' FUNDS 52,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st May 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 2nd December 2014 and were signed on its behalf
by:





Mrs J E M Bond - Director


The notes form part of these abbreviated accounts

Page 2
THINKING LEGAL LIMITED (REGISTERED NUMBER: 08533861)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 17TH MAY 2013 TO 31ST MAY 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 316,000
At 31st May 2014 316,000
AMORTISATION
Amortisation for period 15,800
At 31st May 2014 15,800
NET BOOK VALUE

At 31st May 2014 300,200

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,437
At 31st May 2014 1,437
DEPRECIATION
Charge for period 437
At 31st May 2014 437
NET BOOK VALUE
At 31st May 2014 1,000

Page 3 continued...
THINKING LEGAL LIMITED (REGISTERED NUMBER: 08533861)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 17TH MAY 2013 TO 31ST MAY 2014

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

5. COMPARATIVES

This is the company's first period of trade and therefore there are no comparatives.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THINKING LEGAL LIMITED
PREVIOUSLY KNOWN AS SJB LEGAL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Thinking Legal Limited for the period ended 31st May 2014 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Thinking Legal Limited, as a body, in accordance with our terms
of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Thinking
Legal Limited and state those matters that we have agreed to state to the Board of Directors of Thinking Legal Limited,
as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of
Directors, as a body, for our work or for this report.

It is your duty to ensure that Thinking Legal Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thinking Legal
Limited. You consider that Thinking Legal Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Thinking Legal Limited. For
this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations
you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ormerod Rutter Limited
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY


2nd December 2014

This page does not form part of the abbreviated accounts

Page 5