REGISTERED NUMBER: 10942473 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CAMCO ONE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R Hill

REGISTERED OFFICE:

The Walbrook Building

25 Walbrook, London, United Kingdom

EC4N 8AW

REGISTERED NUMBER:

10942473 (England and Wales)

FIXED ASSETS

Investments

4

1,566

1,566

CURRENT ASSETS

Debtors

5

7

-

CREDITORS

Amounts falling due within one year

6

276

256

NET CURRENT LIABILITIES

(269

)

(256

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297

1,310

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,296

1,309

SHAREHOLDERS' FUNDS

1,297

1,310

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 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.

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

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

R Hill - Director

1.	STATUTORY INFORMATION

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

Significant judgements and estimates

The preparation of financial statements in conformity with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements include:

i. Impairment of investments

Where there are indicators of impairment of individual assets, the Group performs impairment tests based on a value in use calculation. The value in use calculation is based on a net asset or revenue multiple basis. Both methods are derived from the financial statements and do not include restructuring activities that the Group is not yet committed to or significant future investments that will enhance the asset's performance of the cash generating unit being tested. The multiple rate used is in line with recent acquisitions.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in group

undertakings

£'000

COST

At 1 January 2024

and 31 December 2024

1,566

NET BOOK VALUE

at 31 December 2024

1,566

At 31 December 2024

1,566

The Company's investments at the Statement of Financial Position date, in the share capital of group undertakings, comprise the following:

Proportion of

Name of Company

Registered Address

Holding

shares held

Claims Settlement Agencies Limited

The Walbrook Building

Ordinary Shares

100%

Registered Address

Street Address

The Walbrook Building

25 Walbrook, London, EC4N 8AW

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£'000

£'000

Group relief

7

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£'000

£'000

Corporation tax

-

256

Amounts owed to group undertakings

276

-

276

256

7.	ULTIMATE PARENT COMPANY

The immediate parent company is Gallagher Bassett International Limited, a company incorporated in the United Kingdom. The largest group of undertakings of which the Company is a member and for which financial statements are prepared, is headed up by Arthur J. Gallagher & Co., a company incorporated in the United States of America, which is the ultimate parent undertaking. The registered office address of Arthur J. Gallagher & Co. is The Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA. A copy of these consolidated financial statements is available from the registered office of the Company.