Accident Claims Management Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05562972 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

ACCIDENT CLAIMS MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Maqbool

SECRETARY:

B Maqbool

REGISTERED OFFICE:

31 Tweedale Street

Rochdale

Lancashire

OL11 1HH

REGISTERED NUMBER:

05562972 (England and Wales)

ACCOUNTANTS:

Wyatt, Morris, Golland Ltd

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

2

11,045

14,727

CURRENT ASSETS

Debtors

28,526

35,300

Cash at bank

11

45

28,537

35,345

CREDITORS

Amounts falling due within one year

30,650

31,482

NET CURRENT (LIABILITIES)/ASSETS

(2,113

)

3,863

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,932

18,590

CREDITORS

Amounts falling due after more than one
year

(3,792

)

(7,608

)

PROVISIONS FOR LIABILITIES

-

(2,422

)

NET ASSETS

5,140

8,560

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

4,140

7,560

SHAREHOLDERS' FUNDS

5,140

8,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22 September 2016 and were signed by:

A Maqbool - Director

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 January 2015).

Turnover

Turnover represents fees receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

30% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

22,844

DEPRECIATION

At 1 January 2015

8,117

Charge for year

3,682

At 31 December 2015

11,799

NET BOOK VALUE

At 31 December 2015

11,045

At 31 December 2014

14,727

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary

£1

1,000