Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31No description of principal activity2022-11-01truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false66 05455998 2022-11-01 2023-10-31 05455998 2023-10-31 05455998 2021-11-01 2022-10-31 05455998 2022-10-31 05455998 c:CompanySecretary1 2022-11-01 2023-10-31 05455998 c:Director1 2022-11-01 2023-10-31 05455998 c:Director2 2022-11-01 2023-10-31 05455998 c:RegisteredOffice 2022-11-01 2023-10-31 05455998 d:CurrentFinancialInstruments 2023-10-31 05455998 d:CurrentFinancialInstruments 2022-10-31 05455998 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05455998 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05455998 d:ShareCapital 2023-10-31 05455998 d:ShareCapital 2022-10-31 05455998 d:RetainedEarningsAccumulatedLosses 2023-10-31 05455998 d:RetainedEarningsAccumulatedLosses 2022-10-31 05455998 c:FRS102 2022-11-01 2023-10-31 05455998 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05455998 c:FullAccounts 2022-11-01 2023-10-31 05455998 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 05455998







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


PM LAW (SPECIALIST CLAIMS) LIMITED






































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PM LAW (SPECIALIST CLAIMS) LIMITED
 



CONTENTS



Page
Company information
1
Statement of financial position
2
Notes to the financial statements
3 - 4


 


PM LAW (SPECIALIST CLAIMS) LIMITED
 


 
COMPANY INFORMATION


Directors
S R Kaushal 
D J Mackay 




Company secretary
J H Bostock



Registered number
05455998



Registered office
Pm House
250 Shepcote Lane

Sheffield

South Yorkshire

S9 1TP




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Page 1

 


PM LAW (SPECIALIST CLAIMS) LIMITED
REGISTERED NUMBER:05455998



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
75,052
59,487

  
75,052
59,487

Creditors: amounts falling due within one year
 5 
(15,625)
(6,503)

Net current assets
  
 
 
59,427
 
 
52,984

Total assets less current liabilities
  
59,427
52,984

  

Net assets
  
59,427
52,984


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
58,427
51,984

  
59,427
52,984


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
D J Mackay
Director

Date: 31 October 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


PM LAW (SPECIALIST CLAIMS) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

PM Law (Specialist Claims) Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is disclosed on the company information page.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £ .

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue from the rendering of services is recognised by reference to the related costs incurred for work performed to date. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


PM LAW (SPECIALIST CLAIMS) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 6).


4.


Debtors

2023
2022
£
£


Other debtors
74,052
58,487

Called up share capital not paid
1,000
1,000

75,052
59,487



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
3,930
3,783

Other taxation and social security
7,745
-

Accruals and deferred income
3,950
2,720

15,625
6,503


 
Page 4