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REGISTERED NUMBER: 07047991 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHLEY RODWELL INSURANCE AGENCIES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: S Singh-Digpal





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 07047991 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,200 62,400
Tangible assets 5 43,701 45,742
74,901 108,142

CURRENT ASSETS
Debtors 6 971,341 250,236
Cash at bank and in hand 22,432 602,127
993,773 852,363
CREDITORS
Amounts falling due within one year 7 129,766 168,441
NET CURRENT ASSETS 864,007 683,922
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,908

792,064

CAPITAL AND RESERVES
Called up share capital 9 26,375 26,375
Retained earnings 10 912,533 765,689
SHAREHOLDERS' FUNDS 938,908 792,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

BALANCE SHEET - continued
31 MARCH 2025


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 17 June 2025 and were signed by:





S Singh-Digpal - Director


ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Ashley Rodwell Insurance Agencies 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 600,000
AMORTISATION
At 1 April 2024 537,600
Charge for year 31,200
At 31 March 2025 568,800
NET BOOK VALUE
At 31 March 2025 31,200
At 31 March 2024 62,400

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 7,269 37,980 58,024 4,790 108,063
Additions - - 34,602 - 34,602
Disposals - - (16,500 ) - (16,500 )
At 31 March 2025 7,269 37,980 76,126 4,790 126,165
DEPRECIATION
At 1 April 2024 7,269 35,757 14,506 4,789 62,321
Charge for year - 1,110 19,032 1 20,143
At 31 March 2025 7,269 36,867 33,538 4,790 82,464
NET BOOK VALUE
At 31 March 2025 - 1,113 42,588 - 43,701
At 31 March 2024 - 2,223 43,518 1 45,742

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 960,415 236,992
Deferred tax asset
Accelerated capital allowances 10,926 13,244
971,341 250,236

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 100,746 107,194
Other creditors 717 -
Directors' current accounts 25,303 61,247
Accrued expenses 3,000 -
129,766 168,441

ASHLEY RODWELL INSURANCE AGENCIES
LIMITED (REGISTERED NUMBER: 07047991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DEFERRED TAX
£   
Balance at 1 April 2024 (13,244 )
Accelerated capital allowances 2,318
Balance at 31 March 2025 (10,926 )

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
10,550 A Ordinary £1 10,550 10,550
5,275 B Ordinary £1 5,275 5,275
5,275 C Ordinary £1 5,275 5,275
5,275 D Ordinary £1 5,275 5,275
26,375 26,375

10. RESERVES
Retained
earnings
£   

At 1 April 2024 765,689
Profit for the year 251,844
Dividends (105,000 )
At 31 March 2025 912,533

11. RELATED PARTY DISCLOSURES

The director maintains an interest free loan account with the company. At the balance sheet date, the company owed the director £25,303 (2024: £61,246).

The company has lent £960,415 (2024: £227,492) to Jagjit Ltd a company controlled by a director of Ashley Rodwell.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Singh-Digpal.