A+ Insurance Services Limited - Abbreviated accounts

Registered number

02657979

A+ Insurance Services Limited

Abbreviated Accounts

30 April 2016

A+ Insurance Services Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of A+ Insurance Services Limited for the year ended 30 April 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of A+ Insurance Services Limited for the year ended 30 April 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of A+ Insurance Services Limited, as a body, in accordance with the terms of our engagement letter dated 1 November 2012. Our work has been undertaken solely to prepare for your approval the accounts of A+ Insurance Services Limited and state those matters that we have agreed to state to the Board of Directors of A+ Insurance Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A+ Insurance Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A+ Insurance Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of A+ Insurance Services Limited. You consider that A+ Insurance Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of A+ Insurance Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

Melwoods
Chartered Certified Accountants
3rd Floor, The Imex Building
575-599 Maxted Road
Hemel Hempstead
Hertfordshire
HP2 7DX

19 January 2017

A+ Insurance Services Limited
Registered number:		02657979
Abbreviated Balance Sheet
as at 30 April 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		64,263			32,161

Current assets
Debtors		708,393			745,763
Cash at bank and in hand		9,030			5,361
		717,423			751,124

Creditors: amounts falling due within one year		(333,565)			(316,488)

Net current assets			383,858			434,636

Total assets less current liabilities			448,121			466,797

Creditors: amounts falling due after more than one year			(33,905)			(38,658)

Provisions for liabilities			(12,853)			(6,262)


Net assets			401,363			421,877

Capital and reserves
Called up share capital	3		551,010			551,010
Profit and loss account			(149,647)			(129,133)

Shareholders' funds			401,363			421,877

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Stephen Grail
Director
Approved by the board on 19 January 2017

A+ Insurance Services Limited
Notes to the Abbreviated Accounts
for the year ended 30 April 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
	Going concern
	The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.


2	Tangible fixed assets					£

	Cost
	At 1 May 2015					137,585
	Additions					40,000
	At 30 April 2016					177,585

	Depreciation
	At 1 May 2015					105,424
	Charge for the year					7,898
	At 30 April 2016					113,322

	Net book value
	At 30 April 2016					64,263
	At 30 April 2015					32,161


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		1,000		1,000		1,000
	B Ordinary shares	£1 each		10		10		10
						1,010		1,010
	Redeemable Preference shares	£1 each		550,000		550,000		550,000
						551,010		551,010