IRIS Accounts Production v25.1.4.42 05077090 Board of Directors 1.5.24 30.4.25 30.4.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050770902024-04-30050770902025-04-30050770902024-05-012025-04-30050770902023-04-30050770902023-05-012024-04-30050770902024-04-3005077090ns15:EnglandWales2024-05-012025-04-3005077090ns14:PoundSterling2024-05-012025-04-3005077090ns10:Director12024-05-012025-04-3005077090ns10:PrivateLimitedCompanyLtd2024-05-012025-04-3005077090ns10:SmallEntities2024-05-012025-04-3005077090ns10:AuditExempt-NoAccountantsReport2024-05-012025-04-3005077090ns10:SmallCompaniesRegimeForDirectorsReport2024-05-012025-04-3005077090ns10:SmallCompaniesRegimeForAccounts2024-05-012025-04-3005077090ns10:FullAccounts2024-05-012025-04-300507709012024-05-012025-04-3005077090ns10:OrdinaryShareClass12024-05-012025-04-3005077090ns10:Director22024-05-012025-04-3005077090ns10:CompanySecretary12024-05-012025-04-3005077090ns10:RegisteredOffice2024-05-012025-04-3005077090ns5:CurrentFinancialInstruments2025-04-3005077090ns5:CurrentFinancialInstruments2024-04-3005077090ns5:ShareCapital2025-04-3005077090ns5:ShareCapital2024-04-3005077090ns5:RetainedEarningsAccumulatedLosses2025-04-3005077090ns5:RetainedEarningsAccumulatedLosses2024-04-3005077090ns5:NetGoodwill2024-05-012025-04-3005077090ns5:IntangibleAssetsOtherThanGoodwill2024-05-012025-04-3005077090ns5:FurnitureFittings2024-05-012025-04-3005077090ns5:MotorVehicles2024-05-012025-04-3005077090ns5:NetGoodwill2024-04-3005077090ns5:NetGoodwill2025-04-3005077090ns5:NetGoodwill2024-04-3005077090ns5:FurnitureFittings2024-04-3005077090ns5:MotorVehicles2024-04-3005077090ns5:FurnitureFittings2025-04-3005077090ns5:MotorVehicles2025-04-3005077090ns5:FurnitureFittings2024-04-3005077090ns5:MotorVehicles2024-04-3005077090ns5:WithinOneYearns5:CurrentFinancialInstruments2025-04-3005077090ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3005077090ns10:OrdinaryShareClass12025-04-30
REGISTERED NUMBER: 05077090 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

N R DAWS INSURANCE CONSULTANTS LIMITED

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N R DAWS INSURANCE CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: F R Daws
I M Daws





SECRETARY: F R Daws





REGISTERED OFFICE: 6A Shortmead Street
Biggleswade
Bedfordshire
SG18 0AP





REGISTERED NUMBER: 05077090 (England and Wales)





ACCOUNTANTS: Barrow LLP
Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

BALANCE SHEET
30 APRIL 2025

30.4.25 30.4.24
Notes £    £   
FIXED ASSETS
Intangible assets 5 14,463 21,139
Tangible assets 6 114,277 125,323
128,740 146,462

CURRENT ASSETS
Debtors 7 632,943 590,564
Cash at bank 778,636 749,629
1,411,579 1,340,193
CREDITORS
Amounts falling due within one year 8 (472,779 ) (432,661 )
NET CURRENT ASSETS 938,800 907,532
TOTAL ASSETS LESS CURRENT LIABILITIES 1,067,540 1,053,994

PROVISIONS FOR LIABILITIES (14,823 ) (8,771 )
NET ASSETS 1,052,717 1,045,223

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,052,617 1,045,123
SHAREHOLDERS' FUNDS 1,052,717 1,045,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

BALANCE SHEET - continued
30 APRIL 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:





F R Daws - Director


N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1. STATUTORY INFORMATION

N R Daws Insurance Consultants 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents brokerage fees which are taken to credit upon settlement with the insurer irrespective of the inception date or period of insurance.

Goodwill
Goodwill, being the amounts paid in connection with the acquisition of businesses in 2010, 2014 and 2022, is being amortised evenly over its estimated useful live of five 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.
Fixtures and equipment - 25% on cost and 10% on cost
Motor vehicles - 25% on reducing balance

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

3. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred upon normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2024
and 30 April 2025 289,378
AMORTISATION
At 1 May 2024 268,239
Amortisation for year 6,676
At 30 April 2025 274,915
NET BOOK VALUE
At 30 April 2025 14,463
At 30 April 2024 21,139

6. TANGIBLE FIXED ASSETS
Fixtures
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 May 2024 148,852 138,180 287,032
Additions 603 51,784 52,387
Disposals (47,493 ) (41,730 ) (89,223 )
At 30 April 2025 101,962 148,234 250,196
DEPRECIATION
At 1 May 2024 144,591 17,118 161,709
Charge for year 2,084 34,290 36,374
Eliminated on disposal (47,493 ) (14,671 ) (62,164 )
At 30 April 2025 99,182 36,737 135,919
NET BOOK VALUE
At 30 April 2025 2,780 111,497 114,277
At 30 April 2024 4,261 121,062 125,323

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 148,967 109,476
Other debtors 483,976 481,088
632,943 590,564

N R DAWS INSURANCE CONSULTANTS LIMITED (REGISTERED NUMBER: 05077090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade creditors 354,307 321,719
Taxation and social security 24,282 16,268
Other creditors 94,190 94,674
472,779 432,661

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.25 30.4.24
value: £    £   
100 Ordinary £1 100 100

10. CLIENT MONIES AND ASSETS

The company is authorised to hold client monies in respect of non-investment insurance contracts under the Financial Services and Markets Act 2000. As at the balance sheet date the company held £285,618 (2024 - £293,932) of client monies and this total is included within the total cash at bank as disclosed on the balance sheet.