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REGISTERED NUMBER: 09189773 (England and Wales)















Financial Statements for the Year Ended 31 December 2018

for

Consumer Dispute Resolution Limited

Consumer Dispute Resolution Limited (Registered number: 09189773)

Contents of the Financial Statements
for the Year Ended 31 December 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Consumer Dispute Resolution Limited

Company Information
for the Year Ended 31 December 2018







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)





AUDITORS: Harris & Co, Statutory Auditor
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

Consumer Dispute Resolution Limited (Registered number: 09189773)

Balance Sheet
31 December 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,243 -

CURRENT ASSETS
Debtors 5 226,047 138,173
Cash at bank 227,884 8,880
453,931 147,053
CREDITORS
Amounts falling due within one year 6 37,512 191,975
NET CURRENT ASSETS/(LIABILITIES) 416,419 (44,922 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,662

(44,922

)

CREDITORS
Amounts falling due after more than
one year

7

210,000

-
NET ASSETS/(LIABILITIES) 214,662 (44,922 )

RESERVES
Income and expenditure account 214,662 (44,922 )
214,662 (44,922 )

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 on 19 September 2019 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 2018


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.

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 2018


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.

The balance held as unrestricted funds at 31 December was £214,602, of which £206,359 are
regarded as free reserves, after allowing for funds tied up in tangible fixed assets. Actual six-month
cash payments forecast for 2019 are £497,462. The current level of reserves is therefore less than is
needed and this will be increased by retaining funds from future activities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 8,677
At 31 December 2018 8,677
DEPRECIATION
Charge for year 434
At 31 December 2018 434
NET BOOK VALUE
At 31 December 2018 8,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 203,312 108,950
Other debtors 22,735 29,223
226,047 138,173

Consumer Dispute Resolution Limited (Registered number: 09189773)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 16,755 154,466
Other creditors 20,757 37,509
37,512 191,975

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Other creditors 210,000 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Invoice Discounting Factor 67,137 -

The company has a liability due to an invoice discounting factor company of £67,137. This is
presented in the accounts as linked presentation and is within the Trade Debtors amount shown on
the Balance Sheet.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Phillip Harris BA FCA (Senior Statutory Auditor)
for and on behalf of Harris & Co, Statutory Auditor