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
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
BROKERSURE LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
201,853
121,686
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)
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
BROKERSURE LTD
Notes to the Accounts
for the period from 1 July 2022 to 31 December 2023
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.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
The accounts are presented in £ sterling.
Investments in subsidiaries
Investments in subsidiary are included at cost value.
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.
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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)
Brokersure Group Ltd, 6 The Square, Martlesham Heath, Ipswich, IP5 3SL
BROKERSURE LTD
Notes to the Accounts
for the period from 1 July 2022 to 31 December 2023
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Average number of employees
During the period the average number of employees was 17 (2022: 17).