Registered Number 05052297

AA CLAIMS LTD

Abbreviated Accounts

31 March 2016

AA CLAIMS LTD Registered Number 05052297

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 18,560 41,760
Tangible assets 3 322 590
18,882 42,350
Current assets
Debtors 163,112 127,290
Cash at bank and in hand 37,322 43,728
200,434 171,018
Creditors: amounts falling due within one year (39,564) (47,028)
Net current assets (liabilities) 160,870 123,990
Total assets less current liabilities 179,752 166,340
Provisions for liabilities (65) (156)
Total net assets (liabilities) 179,687 166,184
Capital and reserves
Called up share capital 1 1
Profit and loss account 179,686 166,183
Shareholders' funds 179,687 166,184
  • For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 April 2016

And signed on their behalf by:
Ayaz Nawaz, Director

AA CLAIMS LTD Registered Number 05052297

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 April 2015 116,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 116,000
Amortisation
At 1 April 2015 74,240
Charge for the year 23,200
On disposals -
At 31 March 2016 97,440
Net book values
At 31 March 2016 18,560
At 31 March 2015 41,760

Acquired goodwill is written off in 5 equal annual installments over its estimated useful economic life, this has been changed to bring it in line with FRS 102

3Tangible fixed assets
£
Cost
At 1 April 2015 2,355
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,355
Depreciation
At 1 April 2015 1,765
Charge for the year 268
On disposals -
At 31 March 2016 2,033
Net book values
At 31 March 2016 322
At 31 March 2015 590

Computer Equipment 33% reducing balance
FF& E 20% reducing balance