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REGISTERED NUMBER: 09189773 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Consumer Dispute Resolution Limited

Consumer Dispute Resolution Limited (Registered number: 09189773)

Contents of the Financial Statements
for the Year Ended 31 December 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Consumer Dispute Resolution Limited

Company Information
for the Year Ended 31 December 2019







DIRECTORS: D P Dunham
R F Tucker





REGISTERED OFFICE: Unit 12
Walker Avenue
Wolverton Mill
Milton Keynes
MK12 5TW





REGISTERED NUMBER: 09189773 (England and Wales)





ACCOUNTANTS: Harris & Co
Chartered Accountants
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

Consumer Dispute Resolution Limited (Registered number: 09189773)

Balance Sheet
31 December 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,508 8,243

CURRENT ASSETS
Debtors 5 424,523 226,047
Cash at bank 187,223 227,884
611,746 453,931
CREDITORS
Amounts falling due within one year 6 372,275 37,512
NET CURRENT ASSETS 239,471 416,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,979

424,662

CREDITORS
Amounts falling due after more than
one year

7

217,107

210,000
NET ASSETS 28,872 214,662

RESERVES
Income and expenditure account 28,872 214,662
28,872 214,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Consumer Dispute Resolution Limited (Registered number: 09189773)

Balance Sheet - continued
31 December 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2020 and were signed on its behalf by:





D P Dunham - Director


Consumer Dispute Resolution Limited (Registered number: 09189773)

Notes to the Financial Statements
for the Year Ended 31 December 2019


1. STATUTORY INFORMATION

Consumer Dispute Resolution Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
After initial recognition the company measures all liabilities due after more than one year at amortised cost using the effective interest method.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tax provision
The company is not for profit and has no liability for corporation tax. Consequently no provision for current or deferred tax is made.

Consumer Dispute Resolution Limited (Registered number: 09189773)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019


2. ACCOUNTING POLICIES - continued

Reserves
The directors aim to maintain reserves at a level which equates to approximately three months of expenditure. The directors consider that this level will provide sufficient funds to respond to applications for payments and ensure that direct costs and overheads are covered. The directors consider that a level of three months is sufficient to complete any work required to clear disputes in progress if funding should cease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2018 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2019
and 31 December 2019 8,677
DEPRECIATION
At 1 January 2019 434
Charge for year 1,735
At 31 December 2019 2,169
NET BOOK VALUE
At 31 December 2019 6,508
At 31 December 2018 8,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 416,416 203,312
Other debtors 8,107 22,735
424,523 226,047

Consumer Dispute Resolution Limited (Registered number: 09189773)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 24,602 16,755
Taxation and social security 142,805 -
Other creditors 204,868 20,757
372,275 37,512

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019 2018
£    £   
Other creditors 217,107 210,000

8. SECURED DEBTS

The following secured debts are included within creditors:

2019 2018
£    £   
Invoice Discounting Factor 147,211 67,137

The company has a liability due to an invoice discounting factor company of £147,211. This is presented in the accounts as linked presentation and is within the Trade Debtors amount shown on the Balance Sheet.