Company Registration No. 03941047 (England and Wales)
Claims.Net Limited
Unaudited accounts
for the year ended 31 March 2025
Claims.Net Limited
Unaudited accounts
Contents
Claims.Net Limited
Company Information
for the year ended 31 March 2025
Company Number
03941047 (England and Wales)
Registered Office
Sovereign House
1 Albert Place
Finchley
N3 1QB
Accountants
Blake Weltman & Co
Sovereign House
1 Albert Place
Finchley
London
N3 1QB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Claims.Net Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Claims.Net Limited for the year ended
31 March 2025 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.
Blake Weltman & Co
Chartered Accountants
Sovereign House
1 Albert Place
Finchley
London
N3 1QB
23 July 2025
Claims.Net Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
34,708
18,391
Creditors: amounts falling due within one year
3,800
(6,750)
Net current assets
176,008
180,241
Total assets less current liabilities
176,008
182,107
Creditors: amounts falling due after more than one year
(60,943)
(66,034)
Net assets
115,065
116,073
Called up share capital
1
1
Share premium
38,999
38,999
Profit and loss account
76,065
77,073
Shareholders' funds
115,065
116,073
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 6 November 2025 and were signed on its behalf by
Ian Freeman
Director
Company Registration No. 03941047
Claims.Net Limited
Notes to the Accounts
for the year ended 31 March 2025
Claims.Net Limited is a private company, limited by shares, registered in England and Wales, registration number 03941047. The registered office is Sovereign House, 1 Albert Place, Finchley , N3 1QB.
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.
The turnover in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Intangible fixed assets are recorded at cost:
The website has been developed with the intention got attract clients for the hiring of cars.
The asset is amortised over it's estimated economic useful life of 5 years.
4
Intangible fixed assets
Other
Claims.Net Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
137,500
168,600
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,200
6,750
Loans from directors
(5,000)
-
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
54,068
54,068
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).