IRIS Accounts Production v25.2.0.378 01325898 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true true true true true true true true true true true true true true true true false false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01325898 2023-12-31 01325898 2024-12-31 01325898 2024-01-01 2024-12-31 01325898 2022-12-31 01325898 2023-01-01 2023-12-31 01325898 2023-12-31 01325898 ns15:EnglandWales 2024-01-01 2024-12-31 01325898 ns14:PoundSterling 2024-01-01 2024-12-31 01325898 ns10:Director1 2024-01-01 2024-12-31 01325898 ns10:Director2 2024-01-01 2024-12-31 01325898 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01325898 ns10:FRS101 2024-01-01 2024-12-31 01325898 ns10:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01325898 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 01325898 ns10:FullAccounts 2024-01-01 2024-12-31 01325898 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 01325898 ns10:Director3 2024-01-01 2024-12-31 01325898 ns10:Director4 2024-01-01 2024-12-31 01325898 ns10:Director5 2024-01-01 2024-12-31 01325898 ns10:CompanySecretary1 2024-01-01 2024-12-31 01325898 ns10:RegisteredOffice 2024-01-01 2024-12-31 01325898 ns5:CurrentFinancialInstruments 2024-12-31 01325898 ns5:CurrentFinancialInstruments 2023-12-31 01325898 ns5:ShareCapital 2024-12-31 01325898 ns5:ShareCapital 2023-12-31 01325898 ns5:SharePremium 2024-12-31 01325898 ns5:SharePremium 2023-12-31 01325898 ns5:RevaluationReserve 2024-12-31 01325898 ns5:RevaluationReserve 2023-12-31 01325898 ns5:CapitalRedemptionReserve 2024-12-31 01325898 ns5:CapitalRedemptionReserve 2023-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 01325898 ns5:ShareCapital 2022-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2022-12-31 01325898 ns5:SharePremium 2022-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 01325898 ns5:RevaluationReserve 2022-12-31 01325898 ns5:CapitalRedemptionReserve 2022-12-31 01325898 ns5:RevaluationReserve 2023-01-01 2023-12-31 01325898 ns5:CapitalRedemptionReserve 2023-01-01 2023-12-31 01325898 ns5:RevaluationReserve 2024-01-01 2024-12-31 01325898 ns5:LeaseholdImprovements 2024-01-01 2024-12-31 01325898 ns5:PlantMachinery 2024-01-01 2024-12-31 01325898 ns5:FurnitureFittings 2024-01-01 2024-12-31 01325898 ns5:OwnedAssets 2024-01-01 2024-12-31 01325898 ns5:OwnedAssets 2023-01-01 2023-12-31 01325898 ns10:OrdinaryShareClass1 2023-01-01 2023-12-31 01325898 ns5:LeaseholdImprovements 2023-12-31 01325898 ns5:PlantMachinery 2023-12-31 01325898 ns5:FurnitureFittings 2023-12-31 01325898 ns5:LeaseholdImprovements 2024-12-31 01325898 ns5:PlantMachinery 2024-12-31 01325898 ns5:FurnitureFittings 2024-12-31 01325898 ns5:LeaseholdImprovements 2023-12-31 01325898 ns5:PlantMachinery 2023-12-31 01325898 ns5:FurnitureFittings 2022-12-31 01325898 ns10:OrdinaryShareClass1 2024-12-31 01325898 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 01325898 ns5:SharePremium 2023-12-31 01325898 ns5:RevaluationReserve 2023-12-31 01325898 ns5:CapitalRedemptionReserve 2023-12-31

REGISTERED NUMBER: 01325898 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Andrew Copeland (Insurance Consultants)

Limited

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Report of the Directors | 2 |

Income Statement | 3 |

Other Comprehensive Income | 4 |

Balance Sheet | 5 |

Statement of Changes in Equity | 6 |

Notes to the Financial Statements | 7 |

Andrew Copeland (Insurance Consultants)

Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | P J Anson

| R H Thomas

| A Copeland

| S Thomas

| Mrs D M Copeland

| SECRETARY: | P J Anson

| REGISTERED OFFICE: | 224 High Street

| Beckenham

| Kent

| BR3 1EN

| REGISTERED NUMBER: | 01325898 (England and Wales)

| ACCOUNTANTS: | M S Aulak Bsc CIPFA FCCA

| Chartered Certified Accountant

| 25 Coolgardie Avenue

| Chigwell

| Essex

| IG7 5AX

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Report of the Directors

for the Year Ended 31 December 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of insurance agents and consultants.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

P J Anson

R H Thomas

A Copeland

S Thomas

Mrs D M Copeland

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A Copeland - Director

18 September 2025

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Income Statement

for the Year Ended 31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

TURNOVER | 3 | 618,290 |  | 587,484 |  |

Distribution costs | 152,566 |  | 165,080 |  |

Administrative expenses | 457,945 |  | 431,817 |  |

|  | 610,511 |  |  |  | 596,897 |  |

7,779 |  | (9,413 | ) |

Other operating income | 7,146 |  | 40,713 |  |

OPERATING PROFIT | 14,925 |  | 31,300 |  |

Interest receivable and similar income | 6 | 4,509 |  | 2,786 |  |

PROFIT BEFORE TAXATION | 7 | 19,434 |  | 34,086 |  |

Tax on profit | 8 | 3,058 |  | 7,343 |  |

PROFIT FOR THE FINANCIAL YEAR | 16,376 |  | 26,743 |  |

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Other Comprehensive Income

for the Year Ended 31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | £ | £ |

PROFIT FOR THE YEAR | 16,376 |  | 26,743 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 16,376 |  | 26,743 |  |

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 10 | 208,824 |  | 219,014 |  |

CURRENT ASSETS

Debtors | 11 | 251,233 |  | 141,841 |  |

Cash at bank | 279,051 |  | 289,540 |  |

530,284 |  | 431,381 |  |

CREDITORS

Amounts falling due within one year | 12 | 318,798 |  | 216,461 |  |

NET CURRENT ASSETS | 211,486 |  | 214,920 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 420,310 |  | 433,934 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 10,500 |  | 10,500 |  |

Share premium | 14,500 |  | 14,500 |  |

Revaluation reserve | 750 |  | 750 |  |

Capital redemption reserve | 130,739 |  | 130,739 |  |

Retained earnings | 14 | 263,821 |  | 277,445 |  |

SHAREHOLDERS' FUNDS | 420,310 |  | 433,934 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

P J Anson - Director

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Statement of Changes in Equity

for the Year Ended 31 December 2024

| Called up |

| share |  | Retained |  | Share

| capital |  | earnings |  | premium

£ | £ | £ |

Balance at 1 January 2023 | 10,500 |  | 280,702 |  | 14,500 |  |

Changes in equity

Dividends | - |  | (30,000 | ) | - |  |

Total comprehensive income | - |  | 26,743 |  | - |  |

Balance at 31 December 2023 | 10,500 |  | 277,445 |  | 14,500 |  |

Changes in equity

Dividends | - |  | (30,000 | ) | - |  |

Total comprehensive income | - |  | 16,376 |  | - |  |

Balance at 31 December 2024 | 10,500 |  | 263,821 |  | 14,500 |  |

| Capital |

| Revaluation |  | redemption |  | Total

| reserve |  | reserve |  | equity

£ | £ | £ |

Balance at 1 January 2023 | 750 |  | 130,739 |  | 437,191 |  |

Changes in equity

Dividends | - |  | - |  | (30,000 | ) |

Total comprehensive income | - |  | - |  | 26,743 |  |

Balance at 31 December 2023 | 750 |  | 130,739 |  | 433,934 |  |

Changes in equity

Dividends | - |  | - |  | (30,000 | ) |

Total comprehensive income | - |  | - |  | 16,376 |  |

Balance at 31 December 2024 | 750 |  | 130,739 |  | 420,310 |  |

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Andrew Copeland (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.

2. | ACCOUNTING POLICIES

| Basis of preparation

| These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

| • | the requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;

| • | the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;

| • | the requirements of paragraph 33(c) of IFRS 5 Non Current Assets Held for Sale and Discontinued Operations;

| • | the requirements of paragraph 24(6) of IFRS 6 Exploration for and Evaluation of Mineral Resources;

| • | the requirements of IFRS 7 Financial Instruments: Disclosures;

| • | the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;

| • | the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of IFRS 16 Leases;

| the requirements of paragraph 58 of IFRS 16;

| • | the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to (c), 120 to 127 and 129 of IFRS 15 Revenue from Contracts with Customers;

| • | the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative information in respect of:

| - | paragraphs 53(a), (h) and (j) of IFRS 16;

| - | paragraph 79(a)(iv) of IAS 1;

| - | paragraph 73(e) of IAS 16 Property, Plant and Equipment;

| - | paragraph 118(e) of IAS 38 Intangible Assets;

| - | paragraphs 76 and 79(d) of IAS 40 Investment Property; and

| - | paragraph 50 of IAS 41 Agriculture;

| • | the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to 136 of IAS 1;

| • | the requirements of

| - | paragraphs 1 to 44E, 44H(b)(ii) and 45 to 63 of IAS 7 Statement of Cash Flows; and

| - | paragraphs 44F, 44G, 44H(a), 44H(b)(i), 44H(b)(iii) and 44H(c) of IAS 7;

| • | the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors;

| • | the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;

| • | the requirements of paragraph 74(b) of IAS 16;

| • | the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;

| • | the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group;

| • | the requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairments of Assets.

| Turnover

| Represents commission receivable.

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Improvements to property | - | in accordance with the property

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 15% on reducing balance

| Taxation

| Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the balance sheet date.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Employee benefit costs

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. | TURNOVER

| The turnover and profit before taxation are attributable to the one principal activity of the company.

4. | EMPLOYEES AND DIRECTORS

| 31.12.24 |  | 31.12.23

£ | £ |

| Wages and salaries | 282,538 |  | 286,254 |  |

| Social security costs | 20,817 |  | 20,880 |  |

| Other pension costs | 36,594 |  | 37,571 |  |

339,949 |  | 344,705 |  |

| The average number of employees during the year was as follows:

| 31.12.24 |  | 31.12.23

| Office administration | 11 |  | 11 |  |

5. | DIRECTORS' EMOLUMENTS

| 31.12.24 |  | 31.12.23

£ | £ |

| Directors' remuneration | 148,087 |  | 141,087 |  |

6. | INTEREST RECEIVABLE AND SIMILAR INCOME |

| 31.12.24 |  | 31.12.23

£ | £ |

| Deposit account interest | 4,509 |  | 2,764 |  |

| IR Supplement | - |  | 22 |  |

4,509 |  | 2,786 |  |

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | PROFIT BEFORE TAXATION

| The profit before taxation is stated after charging:

| 31.12.24 |  | 31.12.23

£ | £ |

| Depreciation - owned assets | 18,578 |  | 18,014 |  |

8. | TAXATION

| Analysis of tax expense

| 31.12.24 |  | 31.12.23

£ | £ |

| Current tax:

| Tax | 3,058 |  | 7,343 |  |

| Total tax expense in income statement | 3,058 |  | 7,343 |  |

9. | DIVIDENDS

| 31.12.24 |  | 31.12.23

£ | £ |

| Interim | 30,000 |  | 30,000 |  |

10. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |

| property |  | machinery |  | fittings |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 284,436 |  | 21,701 |  | 37,816 |  | 343,953 |  |

| Additions | - |  | 8,388 |  | - |  | 8,388 |  |

| At 31 December 2024 | 284,436 |  | 30,089 |  | 37,816 |  | 352,341 |  |

| DEPRECIATION

| At 1 January 2024 | 83,875 |  | 18,075 |  | 22,989 |  | 124,939 |  |

| Charge for year | 14,222 |  | 2,122 |  | 2,234 |  | 18,578 |  |

| At 31 December 2024 | 98,097 |  | 20,197 |  | 25,223 |  | 143,517 |  |

| NET BOOK VALUE

| At 31 December 2024 | 186,339 |  | 9,892 |  | 12,593 |  | 208,824 |  |

| At 31 December 2023 | 200,561 |  | 3,626 |  | 14,827 |  | 219,014 |  |

11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 198,519 |  | 113,068 |  |

| Bad debt provision | (1,627 | ) | (2,523 | ) |

| Other debtors | 54,341 |  | 31,296 |  |

251,233 |  | 141,841 |  |

Andrew Copeland (Insurance Consultants)

Limited (Registered number: 01325898)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade creditors | 278,327 |  | 177,225 |  |

| Taxation | 3,058 |  | 7,364 |  |

| PAYE and other taxes | 14,881 |  | 11,224 |  |

| Other creditors | 6,594 |  | 8,407 |  |

| Directors' current accounts | - |  | 1,080 |  |

| Accrued expenses | 15,938 |  | 11,161 |  |

318,798 |  | 216,461 |  |

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 10,500 | Ordinary | £1 | 10,500 |  | 10,500 |  |

14. | RESERVES

| Capital |

| Retained |  | Share |  | Revaluation |  | redemption |

| earnings |  | premium |  | reserve |  | reserve |  | Totals

£ | £ | £ | £ | £ |

| At 1 January 2024 | 277,445 |  | 14,500 |  | 750 |  | 130,739 |  | 423,434 |  |

| Profit for the year | 16,376 |  | 16,376 |  |

| Dividends | (30,000 | ) | (30,000 | ) |

| At 31 December 2024 | 263,821 |  | 14,500 |  | 750 |  | 130,739 |  | 409,810 |  |

15. | RELATED PARTY DISCLOSURES

| During the year the company undertook the following related party transactions with companies in which the directors either had financial interest or were directors thereof:

| The company paid £21,000 (2023 - £21,000) to Andrew Copeland Properties Limited for the cost of office accommodation and associated services. Some of the directors of the company are also directors and shareholders of Andrew Copeland Properties Limited.

| These were normal commercial transactions.