Motor Accident Solicitors Society

(Registration number: 10206112)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	815	1,239
Current assets
Debtors	5	298	238
Cash at bank and in hand		83,335	120,201
		83,633	120,439
Creditors: Amounts falling due within one year	6	(13,435)	(15,541)
Net current assets		70,198	104,898
Net assets		71,013	106,137
Reserves
Retained earnings		71,013	106,137
Surplus		71,013	106,137

Motor Accident Solicitors Society

(Registration number: 10206112)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 13 July 2026 and signed on its behalf by:
 

.........................................

S E Brown
Director

Motor Accident Solicitors Society

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	Statutory information

The company is without share capital and incorporated in England and Wales

The address of its registered office is:
1st Floor
25 King Street
Bristol
BS1 4PB
United Kingdom

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in compliance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company has sufficient funds to continue to trade for the foreseeable future. The directors have indicated their willingness to continue to support the company and accordingly the accounts have been prepared on the basis that the company is a going concern.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Motor Accident Solicitors Society

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Computer Equipment	25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are recognised at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Motor Accident Solicitors Society

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible fixed assets

	Computer equipment  £
Cost
At 1 January 2025	2,931
Disposals	(1,229)
At 31 December 2025	1,702
Depreciation
At 1 January 2025	1,692
Charge for the year	424
Eliminated on disposal	(1,229)
At 31 December 2025	887
Carrying amount
At 31 December 2025	815
At 31 December 2024	1,239

5	Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments	298	238
	298	238

Motor Accident Solicitors Society

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

	2025 £	2024 £
Amounts falling due within one year
Trade creditors	3,836	6,222
Taxation and social security	1,600	2,341
Other creditors	1,634	1,850
Accruals	6,365	5,128
	13,435	15,541