Company Registration No. 09146213 (England and Wales)
INSURECAP LIMITED
Unaudited accounts
for the year ended 31 July 2018
INSURECAP LIMITED
Unaudited accounts
Contents
INSURECAP LIMITED
Company Information
for the year ended 31 July 2018
Director
Suresh Sunder Advani
Company Number
09146213 (England and Wales)
Registered Office
WESLEY OFFICES 74 SILVER STREET
NAILSEA
BRISTOL
BS48 2DS
GREAT BRITAIN
Accountants
Tempo Accounting Limited
74 Silver Street
Nailsea
Bristol
N. Somerset
BS48 2DS
INSURECAP LIMITED
Statement of financial position
as at 31 July 2018
Cash at bank and in hand
479
42,226
Creditors: amounts falling due within one year
(24,137)
(47,811)
Net current assets
7,281
8,231
Called up share capital
1,000
1,000
Profit and loss account
6,281
17,642
Shareholders' funds
7,281
18,642
For the year ending 31 July 2018 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.
Approved by the Board on 3 May 2019.
Suresh Sunder Advani
Director
Company Registration No. 09146213
INSURECAP LIMITED
Notes to the Accounts
for the year ended 31 July 2018
INSURECAP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09146213. The registered office is WESLEY OFFICES 74 SILVER STREET, NAILSEA, BRISTOL, BS48 2DS, GREAT BRITAIN.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Plant & machinery
INSURECAP LIMITED
Notes to the Accounts
for the year ended 31 July 2018
5
Investments
Other investments
Valuation at 1 August 2017
10,411
Valuation at 31 July 2018
-
Purchase of 1500 shares in Exporters Credit Corporation Inc
Other debtors
30,100
12,977
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
11,427
47,811
Loans from directors
10,710
-
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 0 (2017: 0).