Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 29 September 2025 1 January 2024 31 December 2024 31 December 2024 01032012 M Hare S De'lemos Pratt M Hare M D Hare true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01032012 2023-12-31 01032012 2024-12-31 01032012 2024-01-01 2024-12-31 01032012 frs-core:ShareCapital 2024-12-31 01032012 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01032012 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01032012 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01032012 frs-bus:SmallEntities 2024-01-01 2024-12-31 01032012 frs-bus:Audited 2024-01-01 2024-12-31 01032012 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01032012 1 2024-01-01 2024-12-31 01032012 frs-core:CostValuation 2023-12-31 01032012 frs-core:CostValuation 2024-12-31 01032012 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 01032012 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 01032012 frs-bus:Director1 2024-01-01 2024-12-31 01032012 frs-bus:Director2 2024-01-01 2024-12-31 01032012 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 01032012 frs-countries:EnglandWales 2024-01-01 2024-12-31 01032012 2022-12-31 01032012 2023-12-31 01032012 2023-01-01 2023-12-31 01032012 frs-core:ShareCapital 2023-12-31 01032012 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01032012
W.E. Bedford Insurance Services Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 01032012
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,000 1,000
1,000 1,000
CURRENT ASSETS
Cash at bank and in hand 47 47
47 47
Creditors: Amounts Falling Due Within One Year 5 (1 ) (1 )
NET CURRENT ASSETS (LIABILITIES) 46 46
TOTAL ASSETS LESS CURRENT LIABILITIES 1,046 1,046
NET ASSETS 1,046 1,046
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 946 946
SHAREHOLDERS' FUNDS 1,046 1,046
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.
The financial statements were approved by the board of directors on 29 September 2025 and were signed on its behalf by:
M Hare
Director
29th September 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
W.E. Bedford Insurance Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01032012 . The registered office is Trident Court, Oakcroft Road, Chessington, KT9 1BD.
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.
Preparation of consolidated financial statements
The financial statements contain information about W.E. Bedford Insurance Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Bedford Insurance Services Group Limited, Argent House, Argent Court, Hook Rise South, Tolworth, Surrey, KT6 7LD.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 1,000
As at 31 December 2024 1,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1,000
As at 1 January 2024 1,000
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Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1 1
6. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
7. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Bedford Insurance Services Group Limited . Bedford Insurance Services Group Limited was incorporated in England & Wales. The ultimate controlling party is M D Hare .
8. Audit Information
The auditor's report on the accounts of W.E. Bedford Insurance Services Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Colin McCoy BA FCA (Senior Statutory Auditor) for and on behalf of McKenzies , Statutory Auditor.
McKenzies
2 Sataion Road West
Oxted
Surrey
RH8 9EP
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