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Company Registration No. 04086286 (England and Wales)
Scott Blain Insurance Consultants Limited Unaudited accounts for the year ended 28 February 2025
Scott Blain Insurance Consultants Limited Unaudited accounts Contents
Page
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Scott Blain Insurance Consultants Limited Company Information for the year ended 28 February 2025
Directors
Mr J D Blain Mr A S Azzopardi
Company Number
04086286 (England and Wales)
Registered Office
Unit 5 Swaker Yard 2B Theobald Street Herts WD6 4SE United Kingdom
Accountants
Platts Unit 5 Swaker Yard 2b Theobald Street Herts WD6 4SE
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Scott Blain Insurance Consultants Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,002 
19,089 
Current assets
Debtors
18,984 
24,091 
Cash at bank and in hand
578,706 
563,328 
597,690 
587,419 
Creditors: amounts falling due within one year
(125,708)
(148,378)
Net current assets
471,982 
439,041 
Total assets less current liabilities
487,984 
458,130 
Creditors: amounts falling due after more than one year
(7,184)
(19,224)
Net assets
480,800 
438,906 
Capital and reserves
Called up share capital
80 
80 
Capital redemption reserve
20 
20 
Profit and loss account
480,700 
438,806 
Shareholders' funds
480,800 
438,906 
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by
Mr A S Azzopardi Director Company Registration No. 04086286
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Scott Blain Insurance Consultants Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Scott Blain Insurance Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 04086286. The registered office is Unit 5 Swaker Yard, 2B Theobald Street, Herts, WD6 4SE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
25% reducing balance basis
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Scott Blain Insurance Consultants Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
12,995 
59,955 
31,961 
104,911 
Additions
- 
- 
2,247 
2,247 
At 28 February 2025
12,995 
59,955 
34,208 
107,158 
Depreciation
At 1 March 2024
3,249 
58,235 
24,338 
85,822 
Charge for the year
2,437 
430 
2,467 
5,334 
At 28 February 2025
5,686 
58,665 
26,805 
91,156 
Net book value
At 28 February 2025
7,309 
1,290 
7,403 
16,002 
At 29 February 2024
9,746 
1,720 
7,623 
19,089 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,000 
8,000 
Other debtors
10,984 
16,091 
18,984 
24,091 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Obligations under finance leases and hire purchase contracts
3,021 
3,021 
Taxes and social security
108,239 
129,316 
Loans from directors
4,448 
641 
Accruals
- 
5,400 
125,708 
148,378 
Included within creditors are loans from the directors. The loans are unsecured, interest free & repayable on demand.
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,099 
12,500 
Obligations under finance leases and hire purchase contracts
4,085 
6,724 
7,184 
19,224 
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Scott Blain Insurance Consultants Limited Notes to the Accounts for the year ended 28 February 2025
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
56 Ordinary Shares of £1 each
56 
56 
24 A Ordinary Shares of £1 each
24 
24 
80 
80 
9
Average number of employees
During the year the average number of employees was 14 (2024: 13).
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