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REGISTERED NUMBER: 08542107 (England and Wales)











Hamilton Claims Solutions Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2024






Hamilton Claims Solutions Ltd (Registered number: 08542107)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hamilton Claims Solutions Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: D Cooper
S Copeland
P H Williams





SECRETARY: P H Williams





REGISTERED OFFICE: Amber Business Centre
4 Mercury Park, Amber Close
Amington
Tamworth
Staffordshire
B77 4RP





REGISTERED NUMBER: 08542107 (England and Wales)





ACCOUNTANTS: Haines Watts
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

Hamilton Claims Solutions Ltd (Registered number: 08542107)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 229 156
Investments 5 1,000 1,000
1,229 1,156

CURRENT ASSETS
Debtors 6 32,235 143,275
Cash at bank and in hand 240,625 124,782
272,860 268,057
CREDITORS
Amounts falling due within one year 7 57,055 61,789
NET CURRENT ASSETS 215,805 206,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,034

207,424

CREDITORS
Amounts falling due after more than one year 8 12,566 22,037
NET ASSETS 204,468 185,387

CAPITAL AND RESERVES
Called up share capital 9 85 85
Share premium 2,316 2,316
Retained earnings 202,067 182,986
SHAREHOLDERS' FUNDS 204,468 185,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Hamilton Claims Solutions Ltd (Registered number: 08542107)

Balance Sheet - continued
31 May 2024


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 Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:





P H Williams - Director


Hamilton Claims Solutions Ltd (Registered number: 08542107)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Hamilton Claims Solutions 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.

Coronavirus Job Retention scheme grant monies received during the year are accounted for under the accruals basis and recognised in other operating income.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Debtors

Short-term debtors are measured at transaction price, less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank
loans, are measured initially at fair value, net of transaction costs, and are measured subsequently
at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hamilton Claims Solutions Ltd (Registered number: 08542107)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 June 2023 1,787 11,330 13,117
Additions - 159 159
At 31 May 2024 1,787 11,489 13,276
DEPRECIATION
At 1 June 2023 1,787 11,174 12,961
Charge for year - 86 86
At 31 May 2024 1,787 11,260 13,047
NET BOOK VALUE
At 31 May 2024 - 229 229
At 31 May 2023 - 156 156

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2023
and 31 May 2024 1,000
NET BOOK VALUE
At 31 May 2024 1,000
At 31 May 2023 1,000

Hamilton Claims Solutions Ltd (Registered number: 08542107)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Veracity Claims Limited
Country of incorporation: England and Wales
Nature of business: Dormant company

%
Class of shares: holding
Ordinary 100%
2024 2023
£ £

Aggregate capital and reserves 1,000 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,235 143,275

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,800 10,800
Amounts owed to group undertakings 985 985
Taxation and social security 19,130 24,758
Other creditors 26,140 25,246
57,055 61,789

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,566 22,037

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
85 Ordinary 1 85 85

Hamilton Claims Solutions Ltd (Registered number: 08542107)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


10. OTHER FINANCIAL COMMITMENTS

At 31 May 2022 the company was committed to making the following payments under non-cancellable operating leases in the year to 31 May 2024:

2024 2023
£ £
Operating leases which expire:
Less than one year-10,500
Between two and five years--
-10,500

11. ULTIMATE CONTROLLING PARTY

The company is under control of D Cooper by virtue of his majority shareholding.