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REGISTERED NUMBER: 04143803 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Redwood Insurance Brokers Limited

Redwood Insurance Brokers Limited (Registered number: 04143803)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Redwood Insurance Brokers Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: P Ayrton
S Hartley
C Kenny





REGISTERED OFFICE: Vantage House
6/7 Claydons Lane
Rayleigh
SS6 7UP





REGISTERED NUMBER: 04143803 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

Redwood Insurance Brokers Limited (Registered number: 04143803)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,171 8,596
Investments 5 100,000 100,000
111,171 108,596

CURRENT ASSETS
Debtors 6 67,169 73,750
Cash at bank 537,014 525,151
604,183 598,901
CREDITORS
Amounts falling due within one year 7 434,669 389,411
NET CURRENT ASSETS 169,514 209,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,685

318,086

CAPITAL AND RESERVES
Called up share capital 8,001 8,001
Capital redemption reserve 2,000 2,000
Retained earnings 270,684 308,085
280,685 318,086

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 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.

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 Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:



S Hartley - Director


Redwood Insurance Brokers Limited (Registered number: 04143803)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Redwood Insurance Brokers 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

Redwood Insurance Brokers Limited (Registered number: 04143803)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 April 2024 12,444 95,212 107,656
Additions - 5,097 5,097
At 31 March 2025 12,444 100,309 112,753
DEPRECIATION
At 1 April 2024 12,444 86,616 99,060
Charge for year - 2,522 2,522
At 31 March 2025 12,444 89,138 101,582
NET BOOK VALUE
At 31 March 2025 - 11,171 11,171
At 31 March 2024 - 8,596 8,596

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.25 31.3.24
£    £   
Fixed term deposit 100,000 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 67,169 73,750

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 370 9,525
Taxation and social security 16,527 14,095
Other creditors 417,772 365,791
434,669 389,411