Pikl Underwriting Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 12484935

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand		6,821		16,317

		6,821		16,317
Creditors: Amounts Falling Due Within One Year		(4,149 )		(35 )

NET CURRENT ASSETS (LIABILITIES)			2,672		16,282

TOTAL ASSETS LESS CURRENT LIABILITIES			2,672		16,282

NET ASSETS			2,672		16,282

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			2,572		16,182

SHAREHOLDERS' FUNDS			2,672		16,282

Page 1

Page 2

Pikl Underwriting Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Richard Savelli

Director

22/09/2025

The notes on page 3 form part of these financial statements.

1. General Information

Pikl Underwriting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12484935 . The registered office is Suite B 2nd Floor The Atrium, St Georges Street, Norwich, NR3 1AB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

The Company generates turnover principally from commisions associated with operating as an insurance underwriting agent. Turnover is recognised at the effective date of the policy.

2.3. Cash and cash equivalents

Cash and cash equivalents includes cash in hand and deposits held with banks. Amounts which are ring fenced and held for the benefit of the underwriters in trust accounts are excluded from the Company’s assets as they are not available for the benefit of the Company.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

5. Related Party Transactions

Company under control of a director

Value of services provided from the related party - £471 (2023: £515) Outstanding balances due to paid at the end of the year were £0 (2023: £50)

The parent company

Commission paid to the related party - £146,313 (2023: £137,932). Creditor at the end of the year was £4,149 (2023: £0)