Motor Accident Solicitors Services Limited - Period Ending 2018-06-30

Registration number: 03427597

Motor Accident Solicitors Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2018

Pages for filing with Registrar

Corrigan Associates Bristol LLP
The Tramshed
25 Lower Park Row
Bristol
BS1 5BN

Motor Accident Solicitors Services Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 4

Motor Accident Solicitors Services Limited

Company Information

Director

A Shaw

Registered office

19 - 20 St Augustines Parade Bristol BS1 4UL

Registered number

03427597

Accountants

Corrigan Associates Bristol LLP The Tramshed 25 Lower Park Row Bristol BS1 5BN

Page 1

Motor Accident Solicitors Services Limited

(Registration number: 03427597)
Balance Sheet as at 30 June 2018

	Note	2018 £	2017 £
Creditors: Amounts falling due within one year	5	(4,557)	(4,557)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(4,559)	(4,559)
Total equity		(4,557)	(4,557)

For the financial year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 by the director on 19 September 2018
 

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

A Shaw

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

Motor Accident Solicitors Services Limited

Notes to the Financial Statements for the Year Ended 30 June 2018

1	Statutory information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
19 - 20 St Augustines Parade
Bristol
BS1 4UL

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in compliance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "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 £.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

3

Taxation

No liability to UK corporation tax arose on ordinary activities for the year ended 30 June 2018 nor for the period ended 30 June 2016.

4	Debtors: amounts falling due within one year

	2018  £
	-

Page 3

Motor Accident Solicitors Services Limited

Notes to the Financial Statements for the Year Ended 30 June 2018

5	Creditors: amounts falling due within one year

	Note	2018 £	2017 £
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	4,557	4,557

6	Share capital

Allotted, called up and fully paid shares

	2018		2017
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

7	Related party transactions

Summary of transactions with parent

On 1 July 2017 the trade and assets of Motor Accident Solicitors Services Limited were transferred to Motor Accident Solicitors Society. The comparative amounts presented in the financial statements are therefore not entirely comparable.

The assets that were transferred are as follows:
 

On 1 July 2017 the trade and assets of Motor Accident Solicitors Services Limited were transferred to Motor Accident Solicitors Society. The comparative amounts presented in the financial statements are therefore not entirely comparable.

The assets that were transferred are as follows:

	£
Assets	11,200
Liabilities	(11,200)
	-

Page 4