COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Company Registration Number:
04485044 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 April 2024

End date: 31 July 2024

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Fiona Powell
Secretary: Margaret Adams
Registered office: Pear Tree Farm
Back Lane
Kingston Seymour
North Somerset
BS21 6UZ
Company Registration Number: 04485044 (England and Wales)

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

The company's activity was that of an insurance broker. Its business was sold to an unconnected party on 1 October 2023. It results in this period are from settlement of income and expenditure associated with its previous trade.

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 July 2024
Fiona Powell

Secretary
Margaret Adams

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Fiona Powell
Status: Director

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Balance sheet

As at 31 July 2024


Notes
4 months to
31 Jul 2024
£

2024
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 131,888 159,045
Total current assets: 131,888 159,045
Creditors: amounts falling due within one year: ( 24,376 )
Net current assets (liabilities): 131,888 134,669
Total assets less current liabilities: 131,888 134,669
Total net assets (liabilities): 131,888 134,669

The notes form part of these financial statements

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Balance sheet continued

As at 31 July 2024


Notes
4 months to
31 Jul 2024
£

2024
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 130,888 133,669
Shareholders funds: 131,888 134,669

For the year ending 31 July 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Fiona Powell
Status: Director

The notes form part of these financial statements

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods, from the rendering of services and the sale of business goodwill. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    4 months to
    31 Jul 2024

    2024
    Average number of employees during the period 0 1

COMMERCIAL & RESIDENTIAL PROPERTY INSURANCE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No