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Company Registration No. 04195457 (England and Wales)
EAST KENT UNDERWRITING LTD Unaudited accounts for the year ended 31 December 2024
EAST KENT UNDERWRITING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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EAST KENT UNDERWRITING LTD Company Information for the year ended 31 December 2024
Director
A Blackshaw
Company Number
04195457 (England and Wales)
Registered Office
2ND FLOOR, KNIGHTRIDER CHAMBERS KNIGHTRIDER STREET MAIDSTONE ME15 6LP ENGLAND
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EAST KENT UNDERWRITING LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
499 
2,538 
Current assets
Debtors
5
974,811 
721,441 
Cash at bank and in hand
186,621 
87,790 
1,161,432 
809,231 
Creditors: amounts falling due within one year
6
(1,056,387)
(720,427)
Net current assets
105,045 
88,804 
Net assets
105,544 
91,342 
Capital and reserves
Called up share capital
7
5,000 
5,000 
Profit and loss account
100,544 
86,342 
Shareholders' funds
105,544 
91,342 
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 director acknowledges her 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 and authorised for issue on 29 September 2025 and were signed on its behalf by
A Blackshaw Director Company Registration No. 04195457
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EAST KENT UNDERWRITING LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
EAST KENT UNDERWRITING LTD is a private company, limited by shares, registered in England and Wales, registration number 04195457. The registered office is 2ND FLOOR, KNIGHTRIDER CHAMBERS, KNIGHTRIDER STREET, MAIDSTONE, ME15 6LP, ENGLAND.
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.
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:
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
Turnover
The Company's turnover is comprised of fees earned from underwriting activities on behalf of clients, and profit commission paid periodically by those clients based upon the results of completed years of account. Turnover is measured at the fair value of the consideration receivable.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
24,794 
6,000 
30,794 
Disposals
(8,414)
- 
(8,414)
At 31 December 2024
16,380 
6,000 
22,380 
Depreciation
At 1 January 2024
24,755 
3,501 
28,256 
Charge for the year
39 
2,000 
2,039 
On disposals
(8,414)
- 
(8,414)
At 31 December 2024
16,380 
5,501 
21,881 
Net book value
At 31 December 2024
- 
499 
499 
At 31 December 2023
39 
2,499 
2,538 
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EAST KENT UNDERWRITING LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
745,768 
481,357 
Deferred tax asset
9,255 
13,543 
Accrued income and prepayments
19,788 
10,712 
Other debtors
200,000 
215,829 
974,811 
721,441 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,948 
19,555 
Trade creditors
664,001 
404,787 
Taxes and social security
8,107 
2,496 
Other creditors
374,331 
291,455 
Accruals
- 
2,134 
1,056,387 
720,427 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
5,000 Ordinary shares of £1 each
5,000 
5,000 
8
Average number of employees
During the year the average number of employees was 10 (2023: 8).
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