REGISTERED NUMBER: 14014460 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BROKER SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I Allam

Mr J Cramer

Mr C Darbin

Mr D B Parish

REGISTERED OFFICE:

13 Bentalls Business Park

Basildon

Essex

SS14 3BN

REGISTERED NUMBER:

14014460 (England and Wales)

FIXED ASSETS

Tangible assets

4

-

4,014

CURRENT ASSETS

Debtors

5

280,689

281,222

Cash at bank

33,670

67,972

314,359

349,194

CREDITORS

Amounts falling due within one year

6

(212,568

)

(341,854

)

NET CURRENT ASSETS

101,791

7,340

TOTAL ASSETS LESS CURRENT LIABILITIES

101,791

11,354

PROVISIONS FOR LIABILITIES

(809

)

(763

)

NET ASSETS

100,982

10,591

CAPITAL AND RESERVES

Called up share capital

830

950

Retained earnings

100,152

9,641

100,982

10,591

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 22 September 2025 and were signed on its behalf by:

Mr J Cramer - Director

Mr D B Parish - Director

1.	STATUTORY INFORMATION

Broker Solutions 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.

Income is derived from the provision of Customs Entry and other ancillary services.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

5,592

Additions

906

Disposals

(6,498

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

1,578

Charge for year

1,343

Eliminated on disposal

(2,921

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

4,014

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

47,503

21,465

Other debtors

233,186

259,757

280,689

281,222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

57,563

53,809

Taxation and social security

36,008

5,424

Other creditors

118,997

282,621

212,568

341,854

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Between one and five years

-

27,579

8.	RELATED PARTY DISCLOSURES

The company does not have any single controlling party.

During the year, the company made sales of £445,095 (31/3/2024 £529,357) to I F E Global Logistics (UK) Ltd, a company registered in England and Wales and in which company directors Mr J Cramer and Mr D Parish are also directors and shareholders. At balance sheet date, there was a loan balance owed to I F E Global Logistics (UK) Ltd of £131,265 by the company (2024 £50,663). There was a trading balance of £1,000 owed to IFE Global Logistics(UK) Ltd from the company. In addition I F E Global Logistics (UK) Ltd rendered management charges of £12,000 (2024 £12,000) to the company during the year.

During the year, Broker Solutions Ltd made sales of £68,067 (2024 £4,143) to IFE Global Logistics (London) Ltd, a company registered in England and Wales and in which company directors Mr J Cramer and Mr D Parish are also directors and shareholders though a holding company.There was no net trading balance as at the balance sheet date.At balance sheet date, there was a loan balance owed by I F E Global Logistics (London) Ltd £1,749 to the company.

During the year, the company Broker Solutions Ltd, invoiced costs of £185,751 (2024:£171,161) to Gravitas Worldwide Ltd, a company registered in England and Wales and in which company directors Mr J Cramer and Mr D Parish are also directors and shareholders through a holding company. There was no net trading balance as at the balance sheet date(2024: NIL).