IRIS Accounts Production v24.1.0.578 11600861 Board of Directors Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116008612022-10-31116008612023-10-31116008612022-11-012023-10-31116008612021-10-31116008612021-11-012022-10-31116008612022-10-3111600861ns15:EnglandWales2022-11-012023-10-3111600861ns14:PoundSterling2022-11-012023-10-3111600861ns10:Director12022-11-012023-10-3111600861ns10:Director22022-11-012023-10-3111600861ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3111600861ns10:SmallEntities2022-11-012023-10-3111600861ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3111600861ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3111600861ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3111600861ns10:FullAccounts2022-11-012023-10-3111600861ns10:Director32022-11-012023-10-3111600861ns10:RegisteredOffice2022-11-012023-10-3111600861ns5:CurrentFinancialInstruments2023-10-3111600861ns5:CurrentFinancialInstruments2022-10-3111600861ns5:ShareCapital2023-10-3111600861ns5:ShareCapital2022-10-3111600861ns5:RetainedEarningsAccumulatedLosses2023-10-3111600861ns5:RetainedEarningsAccumulatedLosses2022-10-3111600861ns5:PlantMachinery2022-11-012023-10-3111600861ns5:PlantMachinery2022-10-3111600861ns5:PlantMachinery2023-10-3111600861ns5:PlantMachinery2022-10-3111600861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3111600861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 11600861 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 October 2023

for

The Claims Experts Ltd

The Claims Experts Ltd (Registered number: 11600861)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Claims Experts Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: S J Smith
M L Supple
Mrs D A Bryce





REGISTERED OFFICE: Military House
24 Castle Street
Chester
CH1 2DS





REGISTERED NUMBER: 11600861 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

The Claims Experts Ltd (Registered number: 11600861)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 642 2,555

CURRENT ASSETS
Debtors 5 8,685 7,008
Cash at bank 215,531 340,794
224,216 347,802
CREDITORS
Amounts falling due within one year 6 180,325 185,541
NET CURRENT ASSETS 43,891 162,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,533

164,816

CAPITAL AND RESERVES
Called up share capital 7 7
Retained earnings 44,526 164,809
SHAREHOLDERS' FUNDS 44,533 164,816

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

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 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 Experts Ltd (Registered number: 11600861)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2024 and were signed on its behalf by:




S J Smith - Director



M L Supple - Director


The Claims Experts Ltd (Registered number: 11600861)

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

1. STATUTORY INFORMATION

The Claims Experts 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 11 ) .

The Claims Experts Ltd (Registered number: 11600861)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 5,796
DEPRECIATION
At 1 November 2022 3,241
Charge for year 1,913
At 31 October 2023 5,154
NET BOOK VALUE
At 31 October 2023 642
At 31 October 2022 2,555

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 8,685 7,008

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 457 1,907
Taxation and social security 2,996 21,964
Other creditors 176,872 161,670
180,325 185,541

7. RELATED PARTY DISCLOSURES

During the year the company has purchased professional services to the value of £192,000 (2022:
£205,000 from SJ & JS Limited, an entity in which the director S Smith is a director and shareholder.

During the year the company has also purchased professional services to the value of £192,000 (2022:
£205,000) from MLS Associates Limited, an entity in which the director M Supple is a director and shareholder.