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REGISTERED NUMBER: 09727954 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LANGTON LONDON INSURANCE BROKERS LTD

LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LANGTON LONDON INSURANCE BROKERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: T Gutteridge
E Ferrao





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 09727954 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Intangible assets 4 53,458 47,707
Tangible assets 5 966 2,621
54,424 50,328

CURRENT ASSETS
Debtors 6 1,556,368 1,822,290
Cash at bank 280,210 183,626
1,836,578 2,005,916
CREDITORS
Amounts falling due within one year 7 1,854,280 1,955,382
NET CURRENT (LIABILITIES)/ASSETS (17,702 ) 50,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,722

100,862

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Retained earnings 21,722 85,862
36,722 100,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:




T Gutteridge - Director



E Ferrao - Director


LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Langton London Insurance Brokers Ltd 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 assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment and furniture - 25% on cost
Computer equipment - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 October 2023 81,356
Additions 38,640
At 30 September 2024 119,996
AMORTISATION
At 1 October 2023 33,649
Charge for year 32,889
At 30 September 2024 66,538
NET BOOK VALUE
At 30 September 2024 53,458
At 30 September 2023 47,707

5. TANGIBLE FIXED ASSETS
Office
equipment
and Computer
furniture equipment Totals
£ £ £
COST
At 1 October 2023 7,661 15,295 22,956
Additions - 1,027 1,027
At 30 September 2024 7,661 16,322 23,983
DEPRECIATION
At 1 October 2023 6,391 13,944 20,335
Charge for year 1,270 1,412 2,682
At 30 September 2024 7,661 15,356 23,017
NET BOOK VALUE
At 30 September 2024 - 966 966
At 30 September 2023 1,270 1,351 2,621

LANGTON LONDON INSURANCE BROKERS LTD (REGISTERED NUMBER: 09727954)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 402,906 762,881
Amounts owed by group undertakings 1,128,123 1,036,973
Other debtors 25,339 22,436
1,556,368 1,822,290

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 604,235 877,875
Amounts owed to group undertakings 987,000 746,180
Taxation and social security 2,580 27,973
Other creditors 260,465 303,354
1,854,280 1,955,382

Included within Cash at bank and in hand is £233,130 (2023: £151,078) which is held in a separate client bank account which is offset by an equal amount included with Trade creditors above.