Abbreviated Company Accounts - COMMERCIAL INSURANCE SERVICES DIRECT LTD

COMMERCIAL INSURANCE SERVICES DIRECT LTD - Company Information

NI064825 COMMERCIAL INSURANCE SERVICES DIRECT LTD 2016-04-30 false 2015-05-01 2016-04-30 true NI064825 2015-05-01 2016-04-30 NI064825 2016-04-30 NI064825 2015-04-30 NI064825 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 NI064825 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number NI064825

COMMERCIAL INSURANCE SERVICES DIRECT LTD

Abbreviated Accounts

30 April 2016

COMMERCIAL INSURANCE SERVICES DIRECT LTD Registered Number NI064825

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	2,003,400	2,003,400
		2,003,400	2,003,400
Current assets
Debtors		40	40
		40	40
Creditors: amounts falling due within one year		(2,003,400)	(2,003,400)
Net current assets (liabilities)		(2,003,360)	(2,003,360)
Total assets less current liabilities		40	40
Total net assets (liabilities)		40	40
Capital and reserves
Called up share capital	3	40	40
Shareholders' funds		40	40

For the year ending 30 April 2016 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.

Approved by the Board on 1 June 2016

And signed on their behalf by:
Seamus Mullan, Director

COMMERCIAL INSURANCE SERVICES DIRECT LTD Registered Number NI064825

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

Investment details
Subsidiary undertaking 2016: £2,003,400 2015: £2,003,400

Transactions with directors
Advances to directors
The following directors had interest free loans during the year. The movements on these loans are as follows:-
Seamus Mullan - Amount owing - 2016 : £19 2015: £19 - Maximum in year : £19
Elizabeth Mullan - Amount owing - 2016 : £19 2015: £19 - Maximum in year : £19

2Fixed assets Investments
Cost At 1 May '15 : £2,003,400 Total Cost At 1 May '15 : £2,003,400
Cost At 30 April '16 : £2,003,400 Total Cost At 30 April '16 : £2,003,400

Net book values At 30 April '16 : £2,003,400 - Total Net book value At 30 April '16 : £2,003,400
Net book values At 30 April '15 : £2,003,400 - Total Net book value At 30 April '15 : £2,003,400

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
40 A Ordinary shares of £1 each	40	40