Registered number
05934871
Insurance Warehouse Premium Finance Ltd
Filleted Accounts
30 September 2024
Insurance Warehouse Premium Finance Ltd
Registered number: 05934871
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 174,524 160,952
Cash at bank and in hand 14,557 64,687
189,081 225,639
Creditors: amounts falling due within one year 4 (67,761) (99,699)
Net current assets 121,320 125,940
Net assets 121,320 125,940
Capital and reserves
Called up share capital 100 100
Profit and loss account 121,220 125,840
Shareholders' funds 121,320 125,940
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Michael Christou
Director
Approved by the board on 23 April 2025
Insurance Warehouse Premium Finance Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2024 2023
£ £
Trade debtors 162,201 144,351
Other debtors 12,323 16,601
174,524 160,952
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 65,708 97,511
Taxation and social security costs 1,300 1,450
Other creditors 753 738
67,761 99,699
5 Controlling party
The company is controlled by Michael Christou on the basis that he holds 100% of the issued share capital.
6 Other information
Insurance Warehouse Premium Finance Ltd is a private company limited by shares and incorporated in England. Its registered office is:
163 Welcomes Road
Kenley
CR8 5HB
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