REGISTERED NUMBER: 08207000 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Lucas Claims Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A W Walmsley

S R Charnock

SECRETARY:

R P Mulholland

REGISTERED OFFICE:

Solutions House

Fairways Office Park

Fulwood

Preston

Lancashire

PR2 9LF

REGISTERED NUMBER:

08207000 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,565

7,584

2,565

7,584

CURRENT ASSETS

Stocks

45,373

79,289

Debtors

6

37,534

800,229

Cash at bank

8,929

34,911

91,836

914,429

CREDITORS

Amounts falling due within one year

7

93,081

796,698

NET CURRENT (LIABILITIES)/ASSETS

(1,245

)

117,731

TOTAL ASSETS LESS CURRENT LIABILITIES

1,320

125,315

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,220

125,215

SHAREHOLDERS' FUNDS

1,320

125,315

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

A W Walmsley - Director

1.	STATUTORY INFORMATION

Lucas Claims Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Goodwill

Goodwill relating to the acquisition of a business in 2012 has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% or 33% on cost

Fixtures & fittings

-

20% or 33% on cost

Stocks

Work in progress is valued according to the expected turnover multiplied by the percentage completion at the year end.

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 64 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

2,328,317

AMORTISATION

At 1 January 2024

and 31 December 2024

2,328,317

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Computer

Fixtures

equipment

& fittings

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

100,608

68,996

169,604

DEPRECIATION

At 1 January 2024

93,024

68,996

162,020

Charge for year

5,019

-

5,019

At 31 December 2024

98,043

68,996

167,039

NET BOOK VALUE

At 31 December 2024

2,565

-

2,565

At 31 December 2023

7,584

-

7,584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

14,923

46,830

Service Solutions Direct Ltd

-

726,830

Prepayments

22,611

26,569

37,534

800,229

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

22,693

31,681

Social security and other taxes

3,621

4,624

VAT

13,218

22,012

Other creditors

779

919

Concept Building Solutions UK Limited

-

87,747

Surface Medic Limited

-

69,503

Service Solutions Assist Limited

-

109,720

Insurance Solutions Group Ltd

20,944

376,886

Service Solutions Direct

Inspections Ltd

-

47,913

Accrued expenses

31,826

45,693

93,081

796,698

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE PARENT UNDERTAKING