IRIS Accounts Production v23.3.0.418 03434824 director 1.1.22 31.12.22 31.12.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure034348242021-12-31034348242022-12-31034348242022-01-012022-12-31034348242020-12-31034348242021-01-012021-12-31034348242021-12-3103434824ns16:EnglandWales2022-01-012022-12-3103434824ns15:PoundSterling2022-01-012022-12-3103434824ns11:Director12022-01-012022-12-3103434824ns11:PrivateLimitedCompanyLtd2022-01-012022-12-3103434824ns11:SmallEntities2022-01-012022-12-3103434824ns11:AuditExempt-NoAccountantsReport2022-01-012022-12-3103434824ns11:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3103434824ns11:SmallCompaniesRegimeForAccounts2022-01-012022-12-3103434824ns11:FullAccounts2022-01-012022-12-310343482412022-01-012022-12-3103434824ns11:RegisteredOffice2022-01-012022-12-3103434824ns6:CurrentFinancialInstruments2022-12-3103434824ns6:CurrentFinancialInstruments2021-12-3103434824ns6:ShareCapital2022-12-3103434824ns6:ShareCapital2021-12-3103434824ns6:RetainedEarningsAccumulatedLosses2022-12-3103434824ns6:RetainedEarningsAccumulatedLosses2021-12-3103434824ns6:ComputerSoftware2022-01-012022-12-3103434824ns6:FurnitureFittings2022-01-012022-12-3103434824ns6:ComputerEquipment2022-01-012022-12-3103434824ns6:IntangibleAssetsOtherThanGoodwill2021-12-3103434824ns6:IntangibleAssetsOtherThanGoodwill2022-12-3103434824ns6:IntangibleAssetsOtherThanGoodwill2021-12-3103434824ns6:FurnitureFittings2021-12-3103434824ns6:ComputerEquipment2021-12-3103434824ns6:FurnitureFittings2022-12-3103434824ns6:ComputerEquipment2022-12-3103434824ns6:FurnitureFittings2021-12-3103434824ns6:ComputerEquipment2021-12-3103434824ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3103434824ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3103434824ns6:AfterOneYearns6:Non-currentFinancialInstruments2022-12-3103434824ns6:AfterOneYearns6:Non-currentFinancialInstruments2021-12-31
REGISTERED NUMBER: 03434824 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

SPECIAL RISKS INSURANCE BROKERS LIMITED

SPECIAL RISKS INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03434824)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPECIAL RISKS INSURANCE BROKERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: B M Comin





REGISTERED OFFICE: Peek House Annex
20 Eastcheap
London
EC3M 1EB





REGISTERED NUMBER: 03434824 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

SPECIAL RISKS INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03434824)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 52,668 52,668
Tangible assets 5 1,633 2,180
54,301 54,848

CURRENT ASSETS
Debtors 6 89,894 216,556
Cash at bank 305,027 458,153
394,921 674,709
CREDITORS
Amounts falling due within one year 7 378,048 540,857
NET CURRENT ASSETS 16,873 133,852
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,174

188,700

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Retained earnings (128,826 ) (11,300 )
SHAREHOLDERS' FUNDS 71,174 188,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

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 director and authorised for issue on 9 October 2023 and were signed by:




B M Comin - Director


SPECIAL RISKS INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03434824)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Special Risks Insurance Brokers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Intangible fixed assets
Computer software under development is not amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 52,668
NET BOOK VALUE
At 31 December 2022 52,668
At 31 December 2021 52,668

SPECIAL RISKS INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03434824)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2022
and 31 December 2022 64,428 32,030 96,458
DEPRECIATION
At 1 January 2022 62,283 31,995 94,278
Charge for year 536 11 547
At 31 December 2022 62,819 32,006 94,825
NET BOOK VALUE
At 31 December 2022 1,609 24 1,633
At 31 December 2021 2,145 35 2,180

6. DEBTORS
2022 2021
£    £   
Amounts falling due within one year:
Other debtors 89,894 169,532

Amounts falling due after more than one year:
Other debtors - 47,024

Aggregate amounts 89,894 216,556

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 282,648 442,320
Amounts owed to group undertakings 28,820 28,819
Taxation and social security 65 206
Other creditors 66,515 69,512
378,048 540,857