Company Registration No. 06504048 (England and Wales)
Accident Claim Treatment Ltd
Unaudited accounts
for the year ended 30 April 2017
Accident Claim Treatment Ltd
Unaudited accounts
Contents
Accident Claim Treatment Ltd
Company Information
for the year ended 30 April 2017
Director
Jillian Mary Wiseman
Company Number
06504048 (England and Wales)
Registered Office
18 PARK DRIVE
INGATESTONE
ESSEX
CM4 9DT
Accountants
Target Associates Ltd
31 High Street
Needham Market
Suffolk
IP6 8AL
Accident Claim Treatment Ltd
Statement of financial position
as at
30 April 2017
Cash at bank and in hand
37,218
1,666
Creditors: amounts falling due within one year
(10,706)
(3,351)
Net current assets
31,496
4,315
Called up share capital
1
1
Profit and loss account
31,495
4,314
Shareholders' funds
31,496
4,315
For the year ending 30 April 2017 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 January 2018.
Jillian Mary Wiseman
Director
Company Registration No. 06504048
Accident Claim Treatment Ltd
Notes to the Accounts
for the year ended 30 April 2017
Accident Claim Treatment Ltd is a private company, limited by shares, registered in England and Wales, registration number 06504048. The registered office is 18 PARK DRIVE, INGATESTONE, ESSEX, CM4 9DT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Accident Claim Treatment Ltd
Notes to the Accounts
for the year ended 30 April 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
9,442
280
Other creditors
480
2,237
Loans from directors
784
834
7
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2016: 2).