Company Registration No. 10803366 (England and Wales)
Sonar Accident Management Limited
Unaudited accounts
for the year ended 30 June 2024
Sonar Accident Management Limited
Unaudited accounts
Contents
Sonar Accident Management Limited
Company Information
for the year ended 30 June 2024
Directors
Philip Durham
Matthew Salmons
Company Number
10803366 (England and Wales)
Registered Office
ROOM 3, FIRST FLOOR, CONNIES HOUSE
RHYMNEY RIVER BRIDGE ROAD
CARDIFF
CF23 9AF
WALES
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sonar Accident Management Limited for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Sonar Accident Management Limited for the year ended
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
7 March 2025
Sonar Accident Management Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
2,332
21,744
Creditors: amounts falling due within one year
(12,376)
(15,771)
Net current (liabilities)/assets
(10,044)
5,973
Total assets less current liabilities
(10,044)
5,973
Creditors: amounts falling due after more than one year
(24,167)
(34,167)
Net liabilities
(34,211)
(28,194)
Called up share capital
2
2
Profit and loss account
(34,213)
(28,196)
Shareholders' funds
(34,211)
(28,194)
For the year ending 30 June 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by
Philip Durham
Director
Company Registration No. 10803366
Sonar Accident Management Limited
Notes to the Accounts
for the year ended 30 June 2024
Sonar Accident Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10803366. The registered office is ROOM 3, FIRST FLOOR, CONNIES HOUSE, RHYMNEY RIVER BRIDGE ROAD, CARDIFF, CF23 9AF, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
2 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Computer equipment
Sonar Accident Management Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,595
7,086
Loans from directors
8,781
8,823
6
Creditors: amounts falling due after more than one year
2024
2023
The company was under the control of Mr M Salmons and Mr P Durham for the whole of the year. Mr Salmons and Mr Durham each own 50% of the share capital. Mr Salmons and Mr Durham each received £nil (2023: £nil) in dividends during the year.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).