REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 December 2019 |
|
for |
|
Consumer Dispute Resolution Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 December 2019 |
|
for |
|
Consumer Dispute Resolution Limited |
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Contents of the Financial Statements |
for the Year Ended 31 December 2019 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Consumer Dispute Resolution Limited |
|
Company Information |
for the Year Ended 31 December 2019 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
2 Pavilion Court |
600 Pavilion Drive |
Northampton |
NN4 7SL |
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Balance Sheet |
31 December 2019 |
|
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than
one year |
7 |
|
|
NET ASSETS |
|
|
|
RESERVES |
Income and expenditure account |
|
|
|
|
|
|
|
|
|
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 surplus or deficit 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. |
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Balance Sheet - continued |
31 December 2019 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
|
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2019 |
|
|
1. | STATUTORY INFORMATION |
|
Consumer Dispute Resolution Limited is a
|
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
|
Tangible fixed assets |
|
|
Financial instruments |
After initial recognition the company measures all liabilities due after more than one year at amortised cost using the effective interest method. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease. |
|
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. |
|
Tax provision |
The company is not for profit and has no liability for corporation tax. Consequently no provision for current or deferred tax is made. |
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2019 |
|
|
2. | ACCOUNTING POLICIES - continued |
|
Reserves |
The directors aim to maintain reserves at a level which equates to approximately three months of expenditure. The directors consider that this level will provide sufficient funds to respond to applications for payments and ensure that direct costs and overheads are covered. The directors consider that a level of three months is sufficient to complete any work required to clear disputes in progress if funding should cease. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2019 |
and 31 December 2019 |
|
DEPRECIATION |
At 1 January 2019 |
|
Charge for year |
|
At 31 December 2019 |
|
NET BOOK VALUE |
At 31 December 2019 |
|
At 31 December 2018 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
Consumer Dispute Resolution Limited (Registered number: 09189773) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2019 |
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2019 | 2018 |
£ | £ |
Other creditors |
|
|
|
8. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
2019 | 2018 |
£ | £ |
Invoice Discounting Factor | 147,211 | 67,137 |
|
The company has a liability due to an invoice discounting factor company of £147,211. This is presented in the accounts as linked presentation and is within the Trade Debtors amount shown on the Balance Sheet. |