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Company Registration No. 06902336 (England and Wales)
BROKERSURE LTD Unaudited accounts for the period from 1 July 2022 to 31 December 2023
BROKERSURE LTD Unaudited accounts Contents
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BROKERSURE LTD Company Information for the period from 1 July 2022 to 31 December 2023
Directors
Andrew James Taylor John Robert Christian Young Sean Paul Thorogood Benjamin David Morgan Terry Joel Exley
Company Number
06902336 (England and Wales)
Registered Office
6 THE SQUARE MARTLESHAM HEATH IPSWICH IP5 3SL ENGLAND
Accountants
ST Accountancy Services Ltd 6 The Square Martlesham Heath Suffolk IP5 3SL
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BROKERSURE LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
105,069 
183,254 
Cash at bank and in hand
201,853 
121,686 
306,922 
304,940 
Creditors: amounts falling due within one year
(111,949)
(208,425)
Net current assets
194,973 
96,515 
Total assets less current liabilities
194,973 
96,515 
Creditors: amounts falling due after more than one year
(20,000)
(69,768)
Net assets
174,973 
26,747 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
173,973 
25,747 
Shareholders' funds
174,973 
26,747 
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
John Robert Christian Young Director Company Registration No. 06902336
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BROKERSURE LTD Notes to the Accounts for the period from 1 July 2022 to 31 December 2023
1
Statutory information
BROKERSURE LTD is a private company, limited by shares, registered in England and Wales, registration number 06902336. The registered office is 6 THE SQUARE, MARTLESHAM HEATH, IPSWICH, IP5 3SL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Investments in subsidiaries
Investments in subsidiary are included at cost value.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Transactions with related parties
Brokersure Group Limited Parent Company During the period Brokersure Group Limited recharged costs to the company amounting to £139,553 (June 2022: £93,035). In addition, Brokersure Group Limited surrender tax losses to the company amounting to £521,847 (June 2022: £245,537) During the year, the company declared dividends amounting to £600,000 (June 2022: £400,000) Also during the year, the company advanced an interest-free loan to Brokersure Group Limited which is repayable at the discretion of the directors. The amount due to the company from Brokersure Group Limited at 31st December 2023 amounted to £21,614 (June 2022: £83,190)
5
Controlling party
Brokersure Group Ltd, 6 The Square, Martlesham Heath, Ipswich, IP5 3SL
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BROKERSURE LTD Notes to the Accounts for the period from 1 July 2022 to 31 December 2023
6
Average number of employees
During the period the average number of employees was 17 (2022: 17).
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