IRIS Accounts Production v24.1.0.576 06922209 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069222092022-07-31069222092023-07-31069222092022-08-012023-07-31069222092021-07-31069222092021-08-012022-07-31069222092022-07-3106922209ns15:EnglandWales2022-08-012023-07-3106922209ns14:PoundSterling2022-08-012023-07-3106922209ns10:Director12022-08-012023-07-3106922209ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3106922209ns10:SmallEntities2022-08-012023-07-3106922209ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3106922209ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3106922209ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3106922209ns10:FullAccounts2022-08-012023-07-3106922209ns10:OrdinaryShareClass12022-08-012023-07-3106922209ns10:OrdinaryShareClass22022-08-012023-07-3106922209ns10:OrdinaryShareClass32022-08-012023-07-3106922209ns10:RegisteredOffice2022-08-012023-07-3106922209ns5:CurrentFinancialInstruments2023-07-3106922209ns5:CurrentFinancialInstruments2022-07-3106922209ns5:Non-currentFinancialInstruments2023-07-3106922209ns5:Non-currentFinancialInstruments2022-07-3106922209ns5:ShareCapital2023-07-3106922209ns5:ShareCapital2022-07-3106922209ns5:RetainedEarningsAccumulatedLosses2023-07-3106922209ns5:RetainedEarningsAccumulatedLosses2022-07-3106922209ns5:LongLeaseholdAssetsns5:LandBuildings2022-08-012023-07-3106922209ns5:FurnitureFittings2022-08-012023-07-3106922209ns5:ComputerEquipment2022-08-012023-07-3106922209ns5:LongLeaseholdAssetsns5:LandBuildings2022-07-3106922209ns5:FurnitureFittings2022-07-3106922209ns5:MotorVehicles2022-07-3106922209ns5:ComputerEquipment2022-07-3106922209ns5:MotorVehicles2022-08-012023-07-3106922209ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-3106922209ns5:FurnitureFittings2023-07-3106922209ns5:MotorVehicles2023-07-3106922209ns5:ComputerEquipment2023-07-3106922209ns5:LongLeaseholdAssetsns5:LandBuildings2022-07-3106922209ns5:FurnitureFittings2022-07-3106922209ns5:MotorVehicles2022-07-3106922209ns5:ComputerEquipment2022-07-3106922209ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3106922209ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3106922209ns10:OrdinaryShareClass12023-07-3106922209ns10:OrdinaryShareClass22023-07-3106922209ns10:OrdinaryShareClass32023-07-3106922209ns5:RetainedEarningsAccumulatedLosses2022-07-3106922209ns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 06922209 (England and Wales)














Financial Statements for the Year Ended 31 July 2023

for

The Claims Specialists (UK) Ltd

The Claims Specialists (UK) Ltd (Registered number: 06922209)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Claims Specialists (UK) Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: N Choudhry





REGISTERED OFFICE: 167A Dunstable Road
Luton
Bedfordshire
LU1 1BW





REGISTERED NUMBER: 06922209 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP

The Claims Specialists (UK) Ltd (Registered number: 06922209)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,752 76,165

CURRENT ASSETS
Debtors 5 119,413 93,984
Cash at bank 79,454 90,094
198,867 184,078
CREDITORS
Amounts falling due within one year 6 339,260 314,221
NET CURRENT LIABILITIES (140,393 ) (130,143 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(69,641

)

(53,978

)

CREDITORS
Amounts falling due after more than one
year

7

-

(7,966

)

PROVISIONS FOR LIABILITIES (3,540 ) (822 )
NET LIABILITIES (73,181 ) (62,766 )

CAPITAL AND RESERVES
Called up share capital 8 300 300
Retained earnings 9 (73,481 ) (63,066 )
SHAREHOLDERS' FUNDS (73,181 ) (62,766 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 Claims Specialists (UK) Ltd (Registered number: 06922209)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





N Choudhry - Director


The Claims Specialists (UK) Ltd (Registered number: 06922209)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

The Claims Specialists (UK) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the term of the lease
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

The Claims Specialists (UK) Ltd (Registered number: 06922209)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 140,000 159,912 20,583 6,370 326,865
Additions - 13,405 - 1,946 15,351
Disposals - - (20,583 ) - (20,583 )
At 31 July 2023 140,000 173,317 - 8,316 321,633
DEPRECIATION
At 1 August 2022 84,000 147,011 14,071 5,618 250,700
Charge for year 7,000 6,577 - 675 14,252
Eliminated on disposal - - (14,071 ) - (14,071 )
At 31 July 2023 91,000 153,588 - 6,293 250,881
NET BOOK VALUE
At 31 July 2023 49,000 19,729 - 2,023 70,752
At 31 July 2022 56,000 12,901 6,512 752 76,165

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 119,413 93,984

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts - 3,853
Trade creditors (2 ) 1
Taxation and social security 7,046 4,599
Other creditors 332,216 305,768
339,260 314,221

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts - 7,966

The Claims Specialists (UK) Ltd (Registered number: 06922209)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary 1 100 100
100 Ordinary B 1 100 100
100 Ordinary C 1 100 100
300 300

9. RESERVES
Retained
earnings
£   

At 1 August 2022 (63,066 )
Deficit for the year (10,415 )
At 31 July 2023 (73,481 )