Registered number
00785601
Insurance Services (London) Limited
Abbreviated Accounts
31 March 2014
Insurance Services (London) Limited
Registered number: 00785601
Abbreviated Balance Sheet
as at 31 March 2014
Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 47,815 48,608
Current assets
Debtors 625 1,542
Cash at bank and in hand 1,134 6,122
1,759 7,664
Creditors: amounts falling due within one year (4,280) (4,177)
Net current (liabilities)/assets (2,521) 3,487
Total assets less current liabilities 45,294 52,095
Provisions for liabilities (476) (531)
Net assets 44,818 51,564
Capital and reserves
Called up share capital 3 1,110 1,110
Revaluation reserve 8,087 8,087
Profit and loss account 35,621 42,367
Shareholder's funds 44,818 51,564
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
C J Buddell
Director
Approved by the board on 9 December 2014
Insurance Services (London) Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2014
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 April 2008).
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% on written-down value
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.
2 Tangible fixed assets £
Cost
At 1 April 2013 55,327
At 31 March 2014 55,327
Depreciation
At 1 April 2013 6,719
Charge for the year 793
At 31 March 2014 7,512
Net book value
At 31 March 2014 47,815
At 31 March 2013 48,608
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1,110 1,110 1,110
Insurance Services (London) Limited 00785601 false true 2013-04-01 2014-03-31 2014-03-31 C J Buddell 00785601 uk-bus:OrdinaryShareClass1 2013-03-31 00785601 2013-04-01 2014-03-31 00785601 uk-bus:Director40 2013-04-01 2014-03-31 00785601 uk-gaap:PlantMachinery 2013-04-01 2014-03-31 00785601 uk-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 00785601 2014-03-31 00785601 uk-bus:OrdinaryShareClass1 2014-03-31 00785601 2013-03-31 iso4217:GBP xbrli:shares

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