2023-04-01 2024-03-31 false Capium Accounts Production 1.1 05052297 2023-04-01 2024-03-31 05052297 bus:AbridgedAccounts 2023-04-01 2024-03-31 05052297 bus:FRS102 2023-04-01 2024-03-31 05052297 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05052297 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05052297 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05052297 2023-04-01 2024-03-31 05052297 2024-03-31 05052297 bus:RegisteredOffice 2023-04-01 2024-03-31 05052297 core:WithinOneYear 2024-03-31 05052297 core:AfterOneYear 2024-03-31 05052297 1 2023-04-01 2024-03-31 05052297 bus:Director1 2023-04-01 2024-03-31 05052297 bus:Director1 2024-03-31 05052297 bus:Director1 2022-04-01 2023-03-31 05052297 2022-04-01 05052297 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 05052297 2022-04-01 2023-03-31 05052297 2023-03-31 05052297 core:WithinOneYear 2023-03-31 05052297 core:AfterOneYear 2023-03-31 05052297 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 05052297 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05052297 bus:OrdinaryShareClass1 2024-03-31 05052297 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 05052297 bus:OrdinaryShareClass1 2023-03-31 05052297 core:ComputerEquipment 2023-04-01 2024-03-31 05052297 core:ComputerEquipment 2024-03-31 05052297 core:ComputerEquipment 2023-03-31 05052297 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 05052297 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 05052297 core:NetGoodwill 2023-04-01 2024-03-31 05052297 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 05052297 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 05052297 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 05052297 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05052297 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05052297 core:Non-currentFinancialInstruments 2024-03-31 05052297 core:Non-currentFinancialInstruments 2023-03-31 05052297 core:ShareCapital 2024-03-31 05052297 core:ShareCapital 2023-03-31 05052297 core:RetainedEarningsAccumulatedLosses 2024-03-31 05052297 core:RetainedEarningsAccumulatedLosses 2023-03-31 05052297 dpl:Item1 2023-04-01 05052297 dpl:Item1 2024-03-31 05052297 dpl:Item1 2022-04-01 05052297 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05052297
England and Wales

 

 

 

AA CLAIMS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
Accountants report

You consider that the company is exempt from an audit for the year ended 31 March 2024.


You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.


These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.


In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.


We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
aa Chartered Accountants
31 March 2024



....................................................
aa Chartered Accountants
5 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
20 February 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 367    547 
367    547 
Current assets      
Debtors: amounts falling due within one year 131,410    131,410 
Debtors: amounts falling due after one year   211 
Cash at bank and in hand 3,255    13,573 
134,665    145,194 
Creditors: amount falling due within one year (43,400)   (42,941)
Net current assets 91,265    102,253 
 
Total assets less current liabilities 91,632    102,800 
Creditors: amount falling due after more than one year (14,812)   (24,741)
Accruals and deferred income (1,300)   (650)
Net assets 75,520    77,409 
 

Capital and reserves
     
Called up share capital 4 1    1 
Profit and loss account 75,519    77,408 
Shareholders' funds 75,520    77,409 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 20 February 2025 and were signed by:


-------------------------------
Ayaz Nawaz
Director
2
General Information
AA Claims Ltd is a private company, limited by shares, registered in England and Wales, registration number 05052297, registration address 5 Blenheim Court, Peppercorn Close, Peterborough, England, PE1 2DU.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Basis of preparation
The financial statements have been prepared on the going concern basis.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33% Reducing Balance
2.

Average number of employees including directors


Average number of employees during the year was 1 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2023 2,750    2,750 
Additions  
Disposals  
At 31 March 2024 2,750    2,750 
Depreciation
At 01 April 2023 2,203    2,203 
Charge for year 180    180 
On disposals  
At 31 March 2024 2,383    2,383 
Net book values
Closing balance as at 31 March 2024 367    367 
Opening balance as at 01 April 2023 547    547 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
1 Ordinary share of £1.00 each  
 

5.

Related Party - Director Loan 2024

As at the balance sheet date the director had advanced the company, monies totalling £7,461. (2023 £7,641)

This is an interest free facility, repayable upon demand.
6.

Related Party Loans - Other

During the year the company has the following loan exposures with related parties

Name of related party                                 Nature of relationship
Sovereign Properties (England)  Ltd          Similar directors and family ownership
Cab Care Hire Limited                                Similar directors and family ownership
Blenheim Court Partnership                       Family connections 


No interest is payable on the above funding.
3