REGISTERED NUMBER: 04460184 (England and Wales)

Unaudited Financial Statements

for the Period

1 July 2023 to 31 December 2024

for

Clarke Jeffreys Insurance Brokers

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Clarke

REGISTERED OFFICE:

Greyfriars House

25 St Nicholas Street

Hereford

Herefordshire

HR4 0BG

REGISTERED NUMBER:

04460184 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Intangible assets

4

17,650

-

Tangible assets

5

32,418

32,779

50,068

32,779

CURRENT ASSETS

Debtors

101,689

213,094

Cash at bank and in hand

268,571

100,448

370,260

313,542

CREDITORS

Amounts falling due within one year

(229,979

)

(83,431

)

NET CURRENT ASSETS

140,281

230,111

TOTAL ASSETS LESS CURRENT LIABILITIES

190,349

262,890

PROVISIONS FOR LIABILITIES

(7,384

)

(6,688

)

NET ASSETS

182,965

256,202

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

182,865

256,102

SHAREHOLDERS' FUNDS

182,965

256,202

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 July 2025 and were signed by:

J A Clarke - Director

1.	STATUTORY INFORMATION

Clarke Jeffreys 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

Straight line over 15 years

Plant and machinery

-

25% reducing balance

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the period 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 period 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 period was 10 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2023

416,281

Additions

19,629

At 31 December 2024

435,910

AMORTISATION

At 1 July 2023

416,281

Amortisation for period

1,979

At 31 December 2024

418,260

NET BOOK VALUE

At 31 December 2024

17,650

At 30 June 2023

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2023

194,829

Additions

18,952

Disposals

(21,373

)

At 31 December 2024

192,408

DEPRECIATION

At 1 July 2023

162,050

Charge for period

16,153

Eliminated on disposal

(18,213

)

At 31 December 2024

159,990

NET BOOK VALUE

At 31 December 2024

32,418

At 30 June 2023

32,779