COVERYS MGA (UK) LIMITED

Company Registration Number:
12282267 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

COVERYS MGA (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

COVERYS MGA (UK) LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Michael Bell
Michael Alan Sibthorpe


The director shown below has held office during the period of
1 January 2023 to 21 July 2023

Steven A Spano


The director shown below has held office during the period of
1 January 2023 to 27 March 2023

Doug F F Robare


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 August 2024

And signed on behalf of the board by:
Name: Michael Bell
Status: Director

COVERYS MGA (UK) LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 1,363,372 0
Gross profit(or loss): 1,363,372 0
Administrative expenses: ( 1,363,372 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

COVERYS MGA (UK) LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 422,968
Cash at bank and in hand: 403,225 56,000
Total current assets: 826,193 56,000
Creditors: amounts falling due within one year: 4 ( 696,193 )
Net current assets (liabilities): 130,000 56,000
Total assets less current liabilities: 130,000 56,000
Total net assets (liabilities): 130,000 56,000
Capital and reserves
Called up share capital: 1 1
Other reserves: 129,999 55,999
Total Shareholders' funds: 130,000 56,000

The notes form part of these financial statements

COVERYS MGA (UK) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 August 2024
and signed on behalf of the board by:

Name: Michael Bell
Status: Director

The notes form part of these financial statements

COVERYS MGA (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises management fees recognised by the Company in respect of insurance premiums referred and are recognised in line with the services provided.

    Other accounting policies

    Basis of preparation of Financial Statements Financial reporting standard 102 reduced disclosure exemptions Going concern Cash and cash equivalents Admin Expenses Financial instruments Foreign currency translation Finance costs Dividends Interest income Share capital Taxation

COVERYS MGA (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

COVERYS MGA (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 32,500
Other debtors 390,468
Total 422,968

COVERYS MGA (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023
£
Other creditors 696,193
Total 696,193